Foreign tourists walk along the popular Khaosan Road in Bangkok on May 17, 2022. Thailand’s economy grew 2.2 percent in the first quarter following an export and tourism boost after the relaxation of pandemic entry restrictions, the kingdom’s main economic agency said May 17. Lillian SUWANRUMPHA / AFP

Thailand’s 2022 GDP growth projection cut to 3%, 2.2% recorded for Q1

The National Economic and Social Development Council (NESDC) has decided to cut Thailand’s gross domestic product (GDP) growth projection for 2022 to between 2.5% and 3.5%, or an average of…

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Quote of the Week

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Cheap accommodation on Samui arranged for stranded Russian, Ukrainian tourists

Low-cost accommodation on Samui Island has been arranged for the many Russian and Ukrainian tourists stranded in Thailand due to the war in Ukraine. Up to 30 rooms at a…

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Thailand’s housing prices expected to rise by 5-8 percent in April

House buyers are being warned that they may have to pay an additional 5-8% next month because of rising construction costs, driven by the conflict in Ukraine which has spurred…

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