tourists from other major nationalities continued to expand. The Bank of Thailand revised down Thailand economic growth forecast for 2019 to 3.3% (as of June 2019); compared to previous assessment at 3.8
include the words “target”, “believe”, “expect”, “aim”, “intend”, “will”, “may”, “anticipate”, “would”, “plan”, “could”, “should, “predict”, “project”, “estimate”, “foresee”, “forecast”, “seek” or similar
investment projects were postponed to 2019. As the momentum from the above mentions, the Bank of Thailand maintained Thailand economic growth forecast for 2018 at 4.4% (as of September 2018). However, the
”, “should, “predict”, “project”, “estimate”, “foresee”, “forecast”, “seek” or similar words or expressions are forward-looking statements. Such forward-looking statements involve known and unknown risks
in economic momentum, the Bank of Thailand revised down Thailand’s economic growth forecast for 2019 to 2.8% (as of September 2019); compared to previous projection at 3.3%. Moreover, the growth
forecast. Although short-term economic stimulation measures from the government benefited private expenditure, but could not make a positive change to the overall GDP. (Source: Bank of Thailand). Thailand’s
Thailand. The Bank of Thailand revised down the projection of overall economy for 2020 to contract 7.8% (as of September 2020) from the earlier forecast of 8.1%. But the fragile labor market, uncertain
previous year. The greatest negative impact was the coronavirus pandemic (COVID-19) that caused widespread economic disruption. The Bank of Thailand has lowered its GDP forecast for year 2020 from the