19 Nov 2018
Thai Economy
The Thai economy in the third quarter of 2018 expanded 3.3 percent YoY, which is the lowest recorded growth rate of this year and also lower than the market expectation of 4.1-percent growth due mainly to external economic factors. Meanwhile, there were positive signals in domestic consumption, including household spending and private investment.... Read more
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4 May 2018
KResearch thus expects that the number of Middle Eastern holidaymakers to Thailand will continue to shrink during the remainder of 2018. As a result, the number of Middle Eastern tourist arrivals will reach perhaps 7.58-7.79 million in 2018, shrinking 4.2-1.4 percent, against the 5.7 percent growth reported for 2017. It is expected that such tourists will spend around THB60.6- 62.5 billion, contracting 2.1-1.0 percent, versus the 8.3 percent growth recorded in 2017.... Read more