News Forum - Tourism boom shields Thailand’s economy amid political uncertainty

[Thaiger]

As political uncertainty continues to loom over Thailand, the country’s economy is receiving a much-needed boost from the significant increase in foreign tourists. In the first quarter of 2023, Thailand welcomed 6.5 million visitors, a stark contrast to the 498,000 recorded in the same period a year earlier. This surge in tourism is expected to …

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[KaptainRob]

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Chucherd also noted that while government spending, consumption, and investment may be affected by the political situation, tourism is likely to remain unaffected.

Potential rioting in Bangkok or possibility of a coup not taken into consideration?  

[Ramanathan.P]

The land of smiles can turn into a land of chaos in a flip of the coin. That is the most scary part.