The Chiang Mai property market is set for a major upswing, driven by the tourism resurgence and an influx of Chinese buyers after their country reopened its borders.

The Chinese currency fell to the lowest in almost seven weeks versus the greenback on Tuesday, hit by a double whammy of a strong dollar and investors sidelined by its low carry.

Real estate developer Central Pattana Plc (CPN) is joining hands with more than 20 partners in allocating 400 million baht for its summer promotional campaign for Songkran.

Consumer spending in Thailand will post solid growth over 2022, with real household spending (based on 2010 prices) projected to grow by 4.6% year-on-year.

SET-listed S Hotels & Resorts (SHR) is expecting 10 billion baht in revenue this year, a record high and an increase of 20% from last year.

SCB Economic Intelligence Center (EIC), the research arm of Siam Commercial Bank, has upgraded its Thai economic growth forecast for 2023 to 3.9% from 3.4% because local and global economic trends are better than expected.