Under the central bank's scenario, the Thai economy hit rock bottom in the second quarter. Mr Chairat said the tourism economy will gain momentum if tour operators can convince tourists that they can provide good and safe services. The figures were forecast to plunge by 25-45% in the second quarter. According to the Tourism Council of Thailand, the tourism industry has yet to see the worst of a tragic scenario. But the TAI said the all-year figures reflect some improvement in the auto sector, which was severely pressured by the pandemic in the second quarter.

Source: Bangkok Post July 20, 2020 01:41 UTC