to a stronger growth of trading partners’ economy, and in terms of prices on the back of rising global crude oil price. Tourism sector continued to expand, private consumption gradually increased
Medical Hospital and Kasemrad Hospital Ramkhamhaeng still grew in a significant rate comparing to the same period of last year, plus the consistent revenue growth from the provincial hospitals, resulted to
%, compared to a growth of 1.5% in the previous quarter, according to data from Bank of Thailand and NESDB. This was mainly from contraction of export sector due to sluggish demand in the global market, oil
% (y-y) in the first quarter. The main supporting factors were the return-to-expansion of export goods and private investment. On the other hand, the third wave of the COVID-19 pandemic continues to
because an increase of export and private consumption, as well as an expansion of government investment. In addition, the domestic tourism sector also improved due to the government continued relaxing
2017 and remain strong going into 2018. In Thailand specifically, projected growth has been revised up from 3.2 to 3.7% in 2017 and from 3.3 to 3.5% in 2018 on the back of strong private consumption and
). Industry Overview The Office of the National Economic and Social Development Council (NESDC) reported that Thailand’s GDP in 2018 growth 4.1% YOY, driving by private consumption and investment. Although the
while the tourism growth decelerate from drop in arrival from Chinese visitors which was effected from the deadly Phuket boat accident. In addition the weak of Chinese Yuan against US dollar, resulting