by Natthaphon Sangpolsit

    

BANGKOK (NNT) - The BOT predicts 6 million foreign tourist arrivals this year and 19 million next year as pandemic-era curbs ease. It also forecasts economic growth of 3.3% this year after seeing 1.5% growth last year.

 

Policymakers have promised that fiscal and monetary settings will continue to support the nascent recovery as vital tourism lags without Chinese tourists, who are unable to visit due to stringent travel restrictions that ban outbound travel.

 

China accounted for over a quarter of the 40 million foreign visitors in pre-pandemic 2019.

 

In contrast to past global tightening cycles, Thailand’s capital markets remain in good shape thanks to much higher foreign reserves and low foreign debt, reducing any immediate pressure to match U.S. rate hikes.

 

Thailand has not seen any net capital outflows this year - instead, its bond and stock markets have drawn net inflows of 157 billion baht.

 

The government also assured that it is not overly concerned with the weak baht, which it noted has been greatly beneficial for the competitiveness of Thailand’s massive export sector.

 

-- © Copyright NNT 2022-06-11

 

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1 hour ago, webfact said:

 The BOT predicts 6 million foreign tourist arrivals this year

It seems to me that the BOT are stating something nearer reality, than the idiots in the TAT picking numbers out of a hat ! The TAT losing 4 million tourists and nobody being sacked speaks volumes !

So, not only do they photoshop the pics, but also the tourist numbers... ????

surely that beach cannot be Thailand,  there's no trash anywhere and the water is blue.

Not sure about 19 million but definitely over 10 million next year I bet.  Chinese will probaby account for most of it.

Sure, with hyperinflation raging world-wide, people are just going to flock to Thailand to spend their abundant disposable income. 

The 19 million may be a bit more "realistic" than TAT, but it's still pie in the sky.  (Tbf, all forecasting, all over the world, is pie in the sky, or, more accurately, something equivalent to life in a casino.)

 

Remember in those far-off days of last year how all the Ph.D economist  experts were telling us that inflation was only going to be "transitory"?  555555

3 hours ago, webfact said:

The BOT predicts

1 hour ago, steven100 said:

surely that beach cannot be Thailand,  there's no trash anywhere and the water is blue.

Oh you cynic..... this was Pattaya Beach only yesterday.....

Expecting triple tourist in 2023, with the bars closed at midnight?

This people who make the rules don't have brains.

 

Sorry, they have but don't use them.

I suspect they need to employ a better Fortune Teller. The one they currently have appears to be telling them only what they want to hear.

4 hours ago, webfact said:

The government also assured that it is not overly concerned with the weak baht

That's good news, hopefully they'll allow it to go lower still. ????

 

How many of these 18 million tourists are teetotal, dog-loving types with a plastic fetish?

1 hour ago, Peterphuket said:

Expecting triple tourist in 2023, with the bars closed at midnight?

This people who make the rules don't have brains.

They truly believe that people come for the temples...

With the cost of living going up around the world 

I think tourists will be watching their money ???? on the best cheapest places to travel ???? 

I think Thailand will be looking at the Chinese and Indian markets 

As Europe and The USA will find travelling more expensive 

4 hours ago, steven100 said:

surely that beach cannot be Thailand,  there's no trash anywhere and the water is blue.

Jomtien Beach. Somewhat trashless and somewhat blue.

2 hours ago, aBigSmile said:

Sure, with hyperinflation raging world-wide, people are just going to flock to Thailand to spend their abundant disposable income. 

also the teflon baht and entry restrictions  Would i come Nope

5 minutes ago, huyuli said:

Jomtien Beach. Somewhat trashless and somewhat blue.

oh no they have photo shopped the plastic and the street walkers out

2 hours ago, Harveyboy said:

oh no they have photo shopped the plastic and the street walkers out

No, we didn't. Both of me.????????

2 hours ago, jacko45k said:

Oh you cynic..... this was Pattaya Beach only yesterday.....

wow, did they get rid of all the vendors and creepy crawlies?  i've not been there for 12 years, and it sure looked nothing like that. 

not until covid is gazetted endemic will this happen

6 hours ago, webfact said:

The BOT predicts 6 million foreign tourist arrivals this year and 19 million next year

Oh really!!!!

Prime Minister Prayut Chan-o-cha has told officials to clamp down on entertainment venues that are flouting the midnight closing rule

 

Beddy-bye around midnight for all???

 

4 hours ago, bkk6060 said:

Not sure about 19 million but definitely over 10 million next year I bet.  Chinese will probaby account for most of it.

And the 5 million Indians?

Behave Please …. Thailand Has Fallen …. The Stormtroopers will be at any Bar Door at midnight ready to destroy any good fun …. The loyal puppets of Xi will soon reduce any tourists with more CON-icrom 55555

4 hours ago, steven100 said:

surely that beach cannot be Thailand,  there's no trash anywhere and the water is blue.

The hundreds of banana boats, scooters, snorkeling platforms and longtail boats that usually prevent beachgoers from seeing the water at all also are missing...  

I think it is the duty of Asean Now to archive these predictions and at the end of the year say New Years  reprint them and see how close the predictions came.  War in Ukraine, gas topping $5 a gallon in USA at present, Covid still infecting the world,  wanting to close entertainment venues at Midnight, do the powers that be really think that makes for an influx of tourists?

Episode 748 - same same

 

 

dreaming again !!!!

The BOT predicts 6 million foreign tourist arrivals this year and 19 million next year as pandemic-era curbs ease.

 

They literally just make this stuff up. It has no basis in reality, and their credibility is less than zero, at this point. Expect no more than 3 million next year, and no more than 5 million a year, for the next 5-10 years. Everything is changed, no improvements have been made, nothing has been learned, absolutely nothing in the way of sacrifices have taken place, and tourism has been utterly destroyed by extreme cowardice and highly misguided policy. 

 

And in addition to that, the very things people were coming here to enjoy, have been diminished. Less nightlife, less color (due to the pasteurization and homogenization of the place), fewer resorts and restaurants, and alot of visible decimation of the economy. 

 

 

2 hours ago, frankie machine said:

wow, did they get rid of all the vendors and creepy crawlies?  i've not been there for 12 years, and it sure looked nothing like that. 

The seating and services seem to congregate closer to the promenade and not cover the full length of the beach as per many years ago. The beach 'reclamation' has also substantially increased the size of the beach. I think it is a great resource now... they need to get the water cleaned up though.... 

Hot as hell yesterday and that is why it is quiet.