Economic concerns stemming from the collapse of Silicon Valley Bank (SVB) will not affect long-haul visitors to Thailand in the short term as pent-up demand should support the market, but officials plan to monitor the long-term impact, according to the Tourism Authority of Thailand (TAT).
SVB, which had mostly US startups and tech companies as clients, closed last Friday, stirring up global economic turmoil over a possible domino effect with other banks.
