The Federation of Thai Industries (FTI) believes Thai tourism may recover as soon as the third quarter next year as a result of the improving global economy, driven by the development of Covid-19 vaccines.
FTI chairman Supant Mongkolsuthree said on Wednesday the economy will benefit from the global economic recovery, with the country’s tourism industry expected to rebound as it depends greatly on foreign visitors.
“Once vaccines are used to prevent the pandemic, they will help drive the domestic economy and Thailand will see foreign visitors in huge numbers next year,” he said.
Many pharmaceutical companies have made good progress in…