More push required for 4% growth in 2023

Money spinner: Tourists from mainland China visit Wat Arun temple in Bangkok ahead of the Chinese Lunar New Year as China reopens its border. Economists expect Chinese tourist arrivals to be about half of as much as 10 million that the government predicts will visit the “Land of Smiles” this year. — Reuters

BANGKOK: An upswing in tourism from China’s reopening will help boost Thailand’s economy, but isn’t sufficient to restore growth to pre-pandemic levels just yet, according to analysts.

Thailand’s gross domestic product (GDP) will probably expand 3.7% this year, according to the median estimate in a recent Bloomberg survey of economists.