Bank of Thailand slashes tourism forecast

Quick Summary:

The Bank of Thailand has slashed its forecast for Chinese tourist arrivals this year by 2 million, or nearly 30%, reducing its projection for total foreign arrivals in 2025.

According to the minutes, the drop in Chinese arrivals during the first quarter may not be due solely to concerns about safety in Thailand.

The Bank of Thailand’s edited minutes, published last week, highlighted growing concerns over the weakening tourism sector, which is a key driver of the country’s economy.

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Article Details

Category: EconomyBusiness

Markets: ThailandChinaJapanSouth KoreaMalaysia

Topics: Tourist Thailand Chinese Research Arrivals Tourism Million Bank Decline Foreign Year

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-21 @ 20:26:00 (9 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 484 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 26 words per sentence (average)

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

Copyright Owner: © Bangkok Post

News ID: 28890460

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