Thai economy expected to grow 3.6% this year, says UTCC
Thailand’s consumer spending over the Lunar New Year period could rise 13.6% to 45 billion baht (US$1.36 billion), a three-year high, as the economy recovers and China’s border reopening bolsters tourism, a university survey showed on Thursday.
The estimated spending compares with 39.6 billion baht last year, Thanavath Phonvichai, president of the University of the Thai Chamber of Commerce (UTCC), told a briefing.
“This Lunar New Year will be the most active in three years,”…