Songkran revellers enjoy splashing each other at a celebration at CentralWorld in April 2017, before the Covid restrictions. (Photo: Seksan Rojjanametakul)
The Songkran celebrations not only mark the Thai New Year, but also may help determine the economic health of the country this year amid a prolonged global oil price hike and new fears about an Omicron infection surge.
The five-day holiday, expected to see tepid spending despite a surge in travel, will be factored in to a new assessment of economic activities including tourism for 2022, following uninspiring forecasts made by research houses before Songkran.
POST-SONGKRAN NIGHTMARE
Nattaporn Triratanasirikul, assistant managing director at Kasikorn Research Center, said new…
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