inflation rate by 0.05 percent, resulting from lower price in agricultural products. Furthermore, an enlargement of tourism sector together with a rise in number of agricultural products were key factors of
2017 continued to recover with exports and tourism as the main drivers. Exports grew by 12.5 percent from the same period last year across almost all products and markets, with the benefits now flowing
the last quarter of 2017 continuously grew from previous quarter supported by a pick-up in exports, blooming tourism and private consumption as well as a jump in manufacturing. Overall, the economy will
growth; 2.) slow pace of growth in tourism sector which supported by number of tourists from India, Japan, Hong Kong and Malaysia offset an unrecovered of Chinese tourists; and 3.) government subsidy to
that Thai economy will grow faster than the same period last year, reflecting in a higher GDP. Export and tourism sector are the main factors that support Thai economy in the second quarter. In addition
attributed mainly by number of factors, namely 1.) Growth in Tourism sector from visa-on-arrival measure and Hong Kong disturbance which reflects an increasing in tourists 2.) Government spending for
second quarter of 2020. The strict lock down policy have been put in place for all countries around the world. All business sectors were impacted during this period, especially tourism sector, resulting
sectors. Tourism was heavily affected by airspace and border closures, while merchandise exports fell sharply as demand from major trading partners fell, impacting both manufacturing production and domestic
. This was considered an obstacle for distribution channels of the Company’s customers as they had to postpone their purchase orders of the Company’s products. Moreover, During the year, Thailand tourism