Thai joint business group sees limited economic impact from Omicron

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BANGKOK: Thailand\u0027s leading business group on Wednesday (Jan 12) said it saw only a limited impact on the country\u0027s economy from the latest coronavirus outbreak driven by the highly transmissible Omicron variant. \u0022We expect the impact from the Omicron variant to be felt in the first quarter of 2022 then ec

BANGKOK: Thailand's leading business group on Wednesday said it saw only a limited impact on the country's economy from the latest coronavirus outbreak driven by the highly transmissible Omicron variant.

It maintained its outlook for gross domestic product expansion this year of 3 per cent to 4.5 per cent and export growth of 3 per cent to 5 per cent. The group expects 5 million to 6 million foreign tourists this year, it said in a statement. That compares to nearly 40 million in 2019.

 

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