The Songkran celebrations not only mark the Thai New Year, but also may help determine the economic health of the country this year amid a prolonged global oil price hike and new fears about an Omicron infection surge.
The five-day holiday, expected to see tepid spending despite a surge in travel, will be factored in to a new assessment of economic activities including tourism for 2022, following uninspiring forecasts made by research houses before Songkran.
