My Say: In 2022, Thailand could deliver an upside surprise
It has certainly been an annus horribilis or a year of great misfortune for the battered Thai economy. The Covid-19 pandemic has caused carnage in the tourism industry, which Thailand depends on heavily, a major reason why it underperformed its peers. Consumer and business confidence was not helped by an initially slow vaccination rollout, a 10% depreciation of the baht, continued street protests and infighting within the government.
Krung Thep Mahanakhon South Korea Prayuth Cha Prawit Wongsuwan Consumer Confidence Index Of The University Thai Chamber
Source: theedgemarkets.com