recovered. Bank of Thailand has adjusted down Thailand economic outlook forecast to a contraction of 8.1% for 2020, instead of 5.3% contraction previously forecasted. The crisis of the COVID-19 pandemic has
to decline low single digit YoY vs GDP forecast of -7% to -8% with the focus on being competitive to gain fair market share in mobile business Home broadband on contrary has been the beneficiary of
weak economy, reflecting in fragile consumer spending and sentiment. Several research houses have subsequently revised down the GDP growth forecast below 1% with the view of prolonged impact toward year
sentiment. Several research houses have subsequently revised down the GDP growth forecast below 1% with the view of prolonged impact toward year end. Toward the end of 3Q21, the government has gradually
forecast from the Bank of Thailand's (BOT) stating that the Thai economy will begin to recover in 2022 following the indicators of economic growth (GDP) at 3.9 percent, driven by higher domestic consumer
demands increased by 11.9% to 849,388 units. Export volume increased by 4.3% to 1,000,256 units. In 2023, the Federation of Thai Industries (FTI) forecast the car production to be at 1,950,000 units or
decreased by 4.9% to 406,131 units. The Federation of Thai Industries (FTI) revised the forecast of car production for 2023 to be at 1,900,000 units which were divided into production for exporting of
restaurant business in Thailand (Billion baht) Forecast of the Thai restaurant market in 2023-2024 The restaurant industry in Thailand has begun to recover after the full reopening of the country. The market
quarter continuously. Hence, the NESDB has cut down its growth forecast for the Thai economy in 2023 to the range of 2 .5 % which is lower than the earlier expectation, in which the supporting factors still
Phnom Penh, Cambodia. Significant Event a n d B u s i n e s s D i r e c t i o n : Trends of the restaurant business in Thailand (Billion baht) Forecast of the Thai restaurant market in 2023-2025 The