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Thursday, May 9, 2024

Bangkok Post – Economy falters despite holiday boost

B140-200bn injection not enough to reverse stagnation, warn experts

Tourists celebrate Songkran at CentralWorld Songkran Fest 2024 on Saturday. (Photo: Varuth Hirunyatheb)

The University of the Thai Chamber of Commerce (UTCC) expects 140-200 billion baht to circulate in the country during this year’s Songkran festival, 11.8 billion baht of which will be spent by 10 million overseas visitors.

This year’s Songkran follows…

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