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Thursday, May 2, 2024

Brighter economic outlook foreseen in H2

Finance ministry says regional surveys point to tourism and industrial activity spurring growth

Tourists visit Wat Arun, also known as the Temple of Dawn, in Bangkok on June 21. Tourism is seen as the main contributor to the more positive economic outlook in the latter half of this year, according to the Ministry of Finance. (Photo: Wichan Charoenkiatpakul)

Business operators expect economic expansion in the next six months to be led by tourism growth and rising demand for industrial goods and farm products, according to the Ministry of Finance.

Improved confidence about the next six months is reflected in the latest Thailand Regional Economic Sentiment Index, based on surveys conducted by the…

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