Though Thailand faces gloomy economic prospects with a surge in inflation, higher energy prices and persistent Covid outbreaks, a performance by Thai rapper Danupha "Milli" Khanatheerakul at the Coachella Festival in California that was capped by her eating khao nieo mamuang (mango sticky rice) on stage went viral on social media, reigniting buzz over the influence of soft power.
Thai consumer confidence dropped for a third straight month in March, hitting a six-month low, due to concerns over a coronavirus outbreak, higher living costs and the impact of the Russia-Ukraine war, a survey and data has showed.
The Thailand Industry Sentiment Index (TISI) rose to 89.2 points in March, the highest in 25 months, while the mood in April should be improved by the Songkran festival, says the Federation of Thai Industries (FTI).
Thailand's industries sentiment in March reached a 25-month high, bolstered by a recovery in economic activity as Covid-19 restrictions were eased, an industries group said on Thursday.
The Federation of Thai Industries (FTI) has called on the government to drop all requirements for travellers to Thailand in order to help boost the country’s economic recovery.