Thailand economy

The development, driven by the revival of the tourism sector, suggests that the country is beginning to recover from the pandemic in earnest.  

In Thailand the most important thing is to keep the baht stable and maximize exports.

COVID-19 exacerbated the situation, but high levels of household debt are a structural feature of the Thai economy that predates the pandemic.

Inflation and rising commodity prices have assisted some countries' recovery, while holding back others.

Health authorities have recommended that the suspension of a quarantine-free travel scheme be extended until January 31.

The move came a day after the country's health authorities identified the first local transmission of the new variant.

If approved, the merger between the two firms will create the country's largest telecommunications firm.

While there are clear benefits to joining the pact, there are also clear drawbacks that could make life harder for the average Thai.

The announcement follows queries about the efficacy of the Chinese vaccine, the world’s most widely used COVID-19 jab.

The move reflects Bangkok's new policy of balancing the endemic reality of COVID-19 with the need to reopen crucial sectors of the economy.

The government has been criticized for directing money to royal agencies and questionable submarine purchases during a time of economic uncertainty.

While trade is important as countries seek to bounce back from COVID-19, you need to poke a little deeper to get a full picture of the current account.