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Wednesday, May 15, 2024

Nursing a fragile economy

Chinese tourists dip lotus bulbs in a water bowl at the Grand Palace in Bangkok earlier this month. Tourism is viewed as a quick win for the economy as Thailand prepares to grant visa exemptions for Chinese visitors for the first time in history. 

With recession looming in many countries, fears over economic contraction remain in Thailand, particularly when the key contributor of exports still faces a stark outlook because of the weak economies of our trade partners.

The government was grilled last week by opposition parties during a two-day policy debate in parliament, followed by heavy criticism from the private…

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