Thai economy to remain sluggish, research body says

According to Kiatnakin Phatra Financial Group’s KKP Research group, the Thai economy will remain sluggish for the foreseeable future despite the recovery of the tourism sector,

Most securities research firms had earlier expressed the belief that the Thai economy would recover based on the following three key factors:

(1) The faster-than-expected reopening of the country, which would positively impact the tourism sector and the overall Thai economy.

(2) That domestic consumption would show continued recovery thanks to the increase in income from the tourism sector.

(3) That exports would remain stable or improve due to the reopening of China.

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The Nation Reporter