Even it reaches 45baht per £ it helps - there are many diverse types of tourists from Europe/UK gap year, youngsters, couples, guys, seniors, family contacts etc. Fares of course are very high for most.
But over here in UK, Trumps global trade shock is serious & its effects on SE Asia getting coverage especially Vietnam, Cambodia and Thailand with crippling Tariffs being imposed Make no mistake and it maybe in Thailand it has been understated. Not in the West. FT yesterday was calling it one of greatest acts of 'self harm on USA in history'. It will slow global trade, increase inflation, leave American business shell shocked.
Here's your bit " decades of progress in poverty reduction across SE Asia ...is at risk" Sluggish growth in major economies including EU Japan and China will be compounded"
What happened in America the other day is a gigantic game changer , our economies face massive changes. Thailand is highly likely to suffer the impacts on its exports and production. China and Japan will become even more important to Thailand. Maybe the Baht will weaken helping tourists and ex-pats, we shall see. But like 2008, Covid in 2021 do not dismiss these events they will have profound effects and thats why trillions of stock market dollars have melted away in last two days or so.
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