"This year, growth of less than 2% is possible," Mr Don said. The central bank said previously its 2.8% growth forecast for this year would be missed. "Prices are not as important as confidence, which will make people travel here," says Mr Don. (Bank of Thailand photo)For the final quarter of 2019, annual growth was estimated at 2.0-2.2%, he added. Over the past five years, the tourist sector and related businesses made up an average 20% of GDP, Mr Don said.

Source: Bangkok Post February 13, 2020 08:26 UTC