The country’s economy grew 2.5% in the second quarter as returning foreign tourists failed to offset high inflation and concerns over regional tensions, the country’s main economic agency said.
BANGKOK (AFP) – Thailand’s economy grew 2.5 per cent in the second quarter as returning foreign tourists failed to offset high inflation and concerns over regional tensions, the country’s main economic agency said yesterday. Southeast Asia’s second-largest economy was hit hard during the pandemic, though visitor numbers are slowly improving with the relaxation of travel […]
Thailand’s economy grew 2.5 per cent in the second quarter as returning foreign tourists failed to offset high inflation and concerns over regional tensions, the country’s main economic agency said Monday
Thailand’s economy grew 2.5 percent in the second quarter as returning foreign tourists failed to offset high inflation and concerns over regional tensions, the country’s main economic agency said yesterday.
Southeast Asia’s second-largest economy was hit hard during the COVID-19 pandemic, although visitor numbers are slowly improving with the relaxation of travel rules since May.
Russia’s invasion of Ukraine and tension over Taiwan could put any economic recovery at risk, the Thai Office of National Economic and Social Development Council (NESDC) said.
“We have to continue monitoring to see how long counteraction from China over Taiwan will last,” NESDC Secretary General Danucha Pichayanan
Thailand's economy grew 2.5 percent in the second quarter as returning foreign tourists failed to offset high inflation and concerns over regional tensions, the country's main economic agency said Monday.