Recovery in tourism in sight for Thailand

Over 400,000 visitors turned up at the 15th Discovery Thailand & Discovery World 2009 fair and spent about Bt400 million, which is above the organiser’s targets.

Economists Warn Thailand Lacks Safety Net in Downturn

The economists, from the Thailand Development Research Institute, a private sector funded think tank, said up to 30 percent of the population of 63 million is either poor or vulnerable to economic shocks, with most living in provincial regions.

Thai Airways International (THAI) to leave Don Mueang airport

Thai Airways International (THAI) will move all of its flights from Don Mueang airport to Suvarnabhumi airport, starting on March 29, the airline’s acting president, Baribgsaj Sangapong, said on Friday.

Thailand’s GDP may fall 5% in the first quarter of 2009

University of Thai Chamber of Commerce (UTCC)’s Economic and Business Forecasting Centre director Thanawat Polvichai said the country’s gross domestic product (GDP) growth in the first quarter of this year would likely contract five per cent due to the global economic slowdown.