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Bangkok Post
Bangkok Post
Business

Economy may grow 4% on tourism - minister

Tourists visit areas near Sanam Luang and the Grand Palace, Bangkok, on Tuesday. (Photo: Nutthawat Wicheanbut)

Thailand's economy could grow as much as 4% this year, which would be the fastest rate in five years, bolstered by a rebound in the tourism sector and increased domestic consumption, Deputy Prime Minister and Energy Minister Supattanapong Punmeechaow said on Wednesday.

Anticipated new investment will also help, Mr Supattanapong, who is in charge of economic affairs, told a seminar.

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