"As a result, we still do not expect economic growth for the remaining period of this year to match GDP growth in the first half," said Mr Amonthep. With the stronger-than-expected export growth, the government and private sector have bumped up their economic growth forecasts for this year. The Fiscal Policy Office is also set to raise its forecast for economic growth this week from 3.6%. The ministry is confident that the country will achieve total tourism income of 2.7 trillion baht as projected for this year. "We will monitor the market situation in November before launching the project as there are two sides to the economic outlook.

Source: Bangkok Post October 29, 2017 22:18 UTC