Fears for Thailand’s economy over...
Fears for Thailand’s economy over Ukraine war with rising inflation rates and loss of confidence

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Thai exporters say that shipments will be off by between $4 billion and $5 billion by the end of June. At the same time, the insecurity caused by the war will impact world travel and tourism as well as consumer confidence at home. This week, Mr Sanan Angubolkul, the Chairman of the Thai Chamber of Commerce said he expects this war to last for some time bringing with it rising energy costs and disruption to world trade caused by economic sanctions. This is worrying for the kingdom which reached the edges of its economic limits last year before the reopening of the country to foreign tourism on November 1st last.

https://www.thaiexaminer.com/thai-news-foreigners/2022/03/04/t ... 

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