economic

Thailand recovery slower in 2022 with increasing inflation

2022-04-25T14:39:05+07:00April 25th, 2022|Dancham News, Trade News|

The Omicron wave and the Ukraine war have slowed Thailand's recovery even further, prompting the World Bank to lower its growth forecast to 2.9 percent in 2022. Inflation reached a 13-year high as global energy prices rose, while consumer confidence fell to a 6-month low amid the Omicron wave. The

Thailand Economic Monitor: Living with COVID in a Digital World

2022-01-21T10:34:07+07:00January 21st, 2022|COVID-19, Dancham News, Trade News|

Key Findings After being severely hit by a surge of COVID-19 cases in the third quarter 2021, economic activity has subsequently rebounded. Economic activity is expected to return to its pre-pandemic levels end-2022, with progress on vaccinations and a resumption of tourist arrivals providing support for the recovery. The adoption