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Search Result for “tourist arrivals”

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BUSINESS

BoT sees uptick in fourth quarter

Business, Somruedi Banchongduang, Published on 30/09/2021

» The Bank of Thailand believes the economy bottomed out in the third quarter and should gradually pick up from the fourth quarter thanks to progress in the vaccination rollout and earlier than expected relaxation of the government's containment measures.

BUSINESS

SCB EIC sees recovery in mid-2023

Business, Somruedi Banchongduang, Published on 16/09/2021

» SCB Economic Intelligence Center (SCB EIC), the research house of Siam Commercial Bank (SCB), has forecast Thailand's economic recovery would be delayed until mid-2023 because of the impact of the prolonged pandemic.

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BUSINESS

BoT: Firms expect normalcy in Q1 2022

Business, Somruedi Banchongduang, Published on 06/08/2021

» Nearly half of businesses expect normal Thai life to resume in the first quarter of next year, according to a Bank of Thailand survey.

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BUSINESS

BoT cuts 2021 GDP rise to 0.7%

Business, Somruedi Banchongduang, Published on 05/08/2021

» The Bank of Thailand (BoT) has slashed its economic growth projection for this year again to 0.7% as the third wave of Covid-19 has had a more severe impact on the country's economy since the central bank conducted its earlier projection.

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BUSINESS

CIMBT eyes hotels for uptick

Business, Somruedi Banchongduang, Published on 02/07/2021

» The research house of CIMB Thai Bank (CIMBT) forecasts Bangkok and the five surrounding provinces under the government's partial lockdown measures should reopen in August, while the Phuket sandbox scheme should help hotels on the island recover.

BUSINESS

Bubble and seal step to hit economic activities

Business, Somruedi Banchongduang, Published on 01/07/2021

» The government's bubble and seal measure for one month to control Covid-19 infections among workers is likely to affect economic activities, says an executive at the Bank of Thailand (BoT).

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BUSINESS

BoT revises growth forecast to 1.8%

Business, Somruedi Banchongduang, Published on 24/06/2021

» The Bank of Thailand (BoT) has slashed the country's economic growth forecast again for this year to 1.8% from an earlier projection of 3%, due to lower foreign tourist arrival estimates and lower domestic demand due to the third wave of Covid-19.

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BUSINESS

BoT slashes its GDP forecast again

Business, Somruedi Banchongduang, Published on 06/05/2021

» The Bank of Thailand (BoT) slashed Thailand's economic growth forecast for 2021 on Wednesday for the second time this year to 1-2%, largely depending on the procurement and distribution of Covid-19 vaccines.

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BUSINESS

BoT to slash growth outlook

Business, Somruedi Banchongduang, Published on 01/05/2021

» The fresh wave of Covid-19 infections has the Bank of Thailand likely to slash its economic growth forecast for this year from a previous prediction of 3%.

BUSINESS

Baht poised to decline on dividend repatriation

Business, Somruedi Banchongduang, Published on 26/03/2021

» Kasikornbank (KBank) expects the baht to briefly dip to 31 against the US dollar in April because of dividend repatriation by foreign investors.