Таиланд заманит инвестиции визой kommersant.ru - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kommersant.ru Daily Mail and Mail on Sunday newspapers.
CIMB Thai Bank (CIMBT) expects the economy to contract this year if the government is unable to get Covid-19 infections under control in the third quarter.
Lockdown to hurt domestic tourism, private consumption
published : 10 Jul 2021 at 04:40 The atmosphere at Siam Square in Bangkok, where business remains bleak as people avoid public places.
The government s lockdown order and tighter controls will mostly affect private consumption and domestic tourism, says Amonthep Chawla, head of research at CIMB Thai Bank (CIMBT).
Private consumption is expected to continue slowing in July and in the third quarter on a quarter-on-quarter basis.
As people are expected to cease cross-provincial travel, this will affect local tourism throughout the third quarter, he said.
However, fiscal policy is still needed to help vulnerable people under the lockdown measures, said Mr Amonthep.
UPDATE 1-Thai stocks rise on low chances of proposed share sale tax becoming policy reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
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.