Lunar New Year outlay to increase to B52bn

Quick Summary:

Consumer spending during the Lunar New Year festival is projected to rise by 4.5% to a five-year high of 51.8 billion baht, helped by government stimulus measures, according to a survey by the University of the Thai Chamber of Commerce (UTCC).

He said the Thai economy is in a recovery phase, with the UTCC forecasting a growth rate of 3% for this year.

People shop for goods for the Chinese New Year festival at Yaowarat in Bangkok.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: Thailand

Topics: Thanavath Loss Spending Scenario Baht) Thai Chinese Billion Consumer Baht Year

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-25 @ 05:05:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 392 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 25412202

View Article Analysis

About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 4 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 3 hours ago

Coverage Areas: Thailand

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #66

Publisher Details

Frequently Asked Questions