China 2) Global economy would expand at a slower pace 3) Progress on significant infrastructure investment projects and private sector investment during the transition period of policy formation by the
mainly from higher international tourist arrivals, especially from India, Japan, South Korea, the ASEAN region, and recovery in Chinese tourist arrivals as a result of an extension for visa-on-arrival fee
in the first quarter of 2019, compared to the previous quarter. The trade war between China and the US has weighted on the global economy over the past year in which Thailand has been affected
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
(British Pound), AUD (Australian Dollar), JPY (Yen), SGD (Singapore Dollar), HKD (Hong Kong Dollar), CNY (Chinese Yuan) and KRW (South Korean Won). 4.5 Credit Bureau Checking Service is a service with more
independent travelers. According to statistic, visitors from Southeast Asia, combining with East Asia, reveals the highest growth of 12.8 percent year-on-year. However, a decline in Chinese tourist arrival is