CIMBT eyes hotels for uptick
GDP growth outlook falls to 1.3% in 2021
published :
2 Jul 2021 at 04:00
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.
Bangkok, Nonthaburi, Pathum Thani, Samut Prakan, Samut Sakhon and Nakhon Pathom should gradually reopen, with a full reopening expected in August, said Amonthep Chawla, head of CIMBT Research Office.
On Monday, the government announced measures lasting 30 days, including a prohibition on dining in at restaurants in Bangkok and the five surrounding provinces. The partial lockdown measures stunt economic activities and domestic consumption.