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Search Result for “tourism recovery”

Showing 1 - 7 of 7

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BUSINESS

Research houses concur on heavy toll

Business, Oranan Paweewun, Published on 04/04/2020

» The Thai economy is forecast to shrink by 4.8% by Asian Development Bank (ADB), 5.6% by Siam Commercial Bank's Economic Intelligence Center (EIC) and 5% by Standard Chartered Bank (Thai), heading for its deepest contraction since the financial meltdown of 1998.

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BUSINESS

Fitch offers balanced Thai forecast

Business, Oranan Paweewun, Published on 19/03/2020

» Fitch Ratings has lowered its outlook on Thailand's long-term foreign currency issuer default rating to stable from positive, reflecting impacts of the coronavirus spread on Thailand's economy through its tourism sector and lingering political uncertainty after the country's transition to civilian rule.

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BUSINESS

BoT: 2.5% growth in 2019 likely

Business, Oranan Paweewun, Published on 31/12/2019

» Thailand's economic growth is expected to close at 2.5% in the October-to-December quarter, leading the full-year figure to achieve the central bank's forecast of 2.5%, though risk remains to the downside, says a senior official.

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BUSINESS

BoT upbeat on fourth-quarter outlook

Business, Oranan Paweewun, Published on 30/11/2019

» Even though the economy got off to a rough start in the fourth quarter, the Bank of Thailand remains optimistic that the period's reading will fare better than the third quarter's.

BUSINESS

Analysts: Q2 reading may show slower GDP growth

Business, Oranan Paweewun, Published on 14/08/2018

» Thailand's economic growth may have cooled in the second quarter as higher imports offset a boost from robust exports and tourism, economists say.

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BUSINESS

Optimism for Q4 growth results

Business, Oranan Paweewun, Published on 17/02/2018

» Economic growth in the final quarter last year likely fared better than the previous quarter's 4.3%, with full-year growth expected to at least meet the central bank's forecast of 3.9%, say economists.

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BUSINESS

A mostly sunny Thai forecast

Business, Oranan Paweewun, Published on 28/12/2017

» Even though the Thai economy grew at a faster pace than expected for the nine months to September and is headed for 4% growth for the full year, policymakers and economists have painted a picture of cautious optimism for next year's outlook because of the many challenges lying ahead.