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CINDARELLA's SLIPPER Flood Effect To GDP Still Unknown

Category: Tourism, Posted:18 Jan 2012 | 06:00 am

As we move into the first quarter of 2012 the damaging effects from 2011's waterworld crisis to the Thai economy still remain puzzling unclear.
Did Cinderella lose her magic slipper in a pool of water during the Bangkok floods last year or is it still within a grasp?
Financial analysts range in opinion, with most weighing in that recovery will take six to twelve months to crawl out from underneath the fallout to Thailand's export and industrial production.
Two of the hardest hit sectors have been the automobile and hi tech houses, which saw the pipeline come to a virtual standstill for an extended period of time.
Inflation continues to be a thorn in the side of the government given their massive promises to low income earners during last year's elections.
For now GDP forecasting remains an arcane and seemingly confused indicator on the state of the nation.

Other News

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Phuket International Reopening Next Week

Category: Tourism, Posted:30 Sep 2020 | 09:33 am The resort island of Phuket is preparing to welcome 120 Mainland Chinese overseas travelers from Guangzhou next week on October 8th. As per government guidelines, the visitors will stay in Alternative Local State Quarantine (ALSQ) hotels for 14 days. According to news sources and the Phuket public health office, there are presently nine hotels approved […]
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The Future of Virtual Versus In-Person Hotel Events

Category: Hotels, Posted:25 Sep 2020 | 13:48 pm C9 Hotelworks and QUO have put together a short survey we hope you will take. As we look to the future of events for the hospitality and tourism sectors, we’re curious to understand more about your expectations and appetite. How far will you be willing to travel (if at all)? What subjects will you be […]
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Project Rattan Focused On Restoring Thai Craft

Category: Tourism, Posted:20 Sep 2020 | 08:52 am If you find yourself in Bangkok from now until the end of December, you should take some time and visit Australian designer Patrick Keane’s Project Rattan exhibition at River City. Project Rattan is an exhibition of furniture design featuring Thai craftsmanship and aimed at restoring local artisans to create international level products. The exhibit is […]