Luring visitors: A woman walks through the arrival hall at Phuket International Airport. Thailand plans to add more nations to its current list of 63 territories eligible for quarantine-free travel from December. — AFP
BANGKOK: The Thai economy is set to expand as much as 1.2% this year with the reopening of its key tourism sector, exceeding the Finance Ministry’s earlier forecast of 1%.
The country’s nationwide reopening to vaccinated visitors that started this month boosted economic activities in the fourth quarter, said Finance Minister Arkhom Termpittayapaisith, adding that next year’s growth could reach as much as 4.5%, exceeding the ministry’s earlier forecast of 4%.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
