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Thailand businesses expected to normalise in first quarter of 2022

According to the survey, conducted between July 1st and 22nd, 45% of respondents expect public spending outside the home, including travel as normal, to resume when new daily COVID-19 infections fall below 50, which they anticipate will happen in the first quarter of 2022. (File photo)

A Bank of Thailand (BoT) survey on business sentiment has found that nearly half of businesses expect normal life to resume in Thailand in the first quarter of next year.

According to the survey, conducted between July 1st and 22nd, 45% of respondents expect public spending outside the home, including travel as normal, to resume when new daily COVID-19 infections fall below 50, which they anticipate will happen in the first quarter of 2022.

Meanwhile, 26% of respondents predicted that normal life will resume in the second half of 2022, 18% in the fourth quarter of 2021, 11% in the second quarter of…

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