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aws账号( economy shrinks, recovery rests on tourism reopening



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Temple of Dawn (Wat Arun) in Bangkok, Thailand, November 8. Covid-19 restrictions cause Thailand’s economy to shrink by 0.3% in the third quarter, data show, but officials are hopeful the country’s reopening to tourists will help it bounce back. – EPA pic, November 15, 2021.

THAILAND’s economy shrank in the third quarter, official data showed today, but hopes for a gradual recovery are picking up following this month’s return of foreign tourists after the kingdom’s reopening.

The country last year suffered its worst performance since the Asian financial crisis of 1997 with a 6.1% economic contraction.



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