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High hopes for tourism boom as Thailand cheers Chinese return
Xinhua, Published on 26/01/2023
» After a three-year lull, Thailand is welcoming back Chinese tourists to its golden beaches, striking temples and fancy shopping centers, expecting an influx of Chinese tourists to help restore its pandemic-battered tourism sector.
IBM to cut 3,900 jobs as it reorganises business
AFP, Published on 26/01/2023
» NEW YORK: IBM will slash some 3,900 jobs, slightly more than one percent of its workforce, related to businesses it has divested, a source close to the matter told AFP on Wednesday.
Putting a dampener on Thai recovery
Oped, Chartchai Parasuk, Published on 26/01/2023
» After three years in which the economy suffered from Covid effects, I am sorry to say that 2023 will not be the year of economic recovery as everyone had hoped. The global economy will still be plagued by inflation threats and several adverse factors such as excessive debt and the Russia-Ukraine war. These negative factors prompted the World Bank to revise its global economic growth prospects downward from 3.0% to 1.7% for 2023. The key point is a marked slowdown from 2.9% growth in 2022.