Bangkok, April 2 -- The March 28 earthquake will further slow the already sluggish recovery of the property sector and impact foreign tourist arrivals in Thailand, according to the Bank of Thailand (BOT).

Sakkapop Panyanukul, assistant governor for the Bank of Thailand (BOT)'s monetary policy group, said that the central bank's initial assessment suggested that the tragic event would affect economic activities across three key sectors - property, tourism and domestic consumption.

He cited that due to the disaster, the BOT expected that rentals and purchases of high-rise condominium projects will slow down amid the already weak recovery of the property sector and the existing high supply of residential units.

Regarding the tourism secto...