Foreign Mice visitors are also expected to generate 101 billion baht in revenue, down from 102 billion last fiscal year. "The main reason for bearish international markets is economic uncertainty, notably in the US and Europe," said Mr Chiruit. According to TCEB, Thailand's Mice business dropped 2-3% year-on-year in the first half of 2017, although it started bouncing back in the third quarter and is expected to see a full recovery in the fourth. "The Mice industry should take a more active part in developing the country," he said. In terms of exhibitions, the Global Association of the Exhibition Industry ranked Thailand number one among Asean nations in terms of exhibition space sold over a five-year period (2011-15).

Source: Bangkok Post July 19, 2017 23:03 UTC