global economy grew at a decelerating rate in 2019 amid uncertainty surrounding the US- China trade rift and concerns about Brexit which lingered throughout the year. The World Economic Outlook of the
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. These include uncertainties in US economic and trade policies, Europe’s ongoing regional political problems, and China’s economic restructuring. In addition, the increase in the federal funds rate and the
2018. This was a result of a decline in merchandise exports owing to the economic slowdown of trading partners affected by trade protectionism and the impact of structural changes in the manufacturing
hotels in Bangkok increased by 2.9% YoY. This is in line with the business plan for this year, that aims to focus on achieving higher ARRs. As such, ARR for hotels in most tourist destinations in Thailand
expand 4 percent for the whole of 2017. The report showed that Thailand’s export was improved mainly from a global trade recovery in which agricultural and electronic products were major contributions. In
% 822,150 10% 422,376 6% 92,496 2% Trade accounts receivable - net 550,644 6% 588,557 7% 398,049 6% 276,944 6% Accrued income 427,950 5% 782,780 10% 790,269 11% 702,739 15% Other receivables 77,600 1% 85,826
support of investment and private spending as well as bolstering opportunities for other economic sectors. Nonetheless, protectionism triggered by the US-China trade dispute dealt a blow to global economic
particular plummeted due to lockdown measures implemented in several countries, including Thailand. Worse, exports contracted as a result of the moribund economies of Thailand’s trade partners. At the same