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Thailand: Executives back reopening

Most executives of the Federation of Thai Industries (FTI) support the government’s plan to reopen the tourism industry between October and November and are demanding only necessary measures to prevent new Covid-19 infections. A total of 78% of 150 executives agreed with the reopening and lockdown easing plan in a survey conducted by the FTI […]

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ADT eyes rejig of ‘Tour Teaw Thai’ rules

The Association of Domestic Travel (ADT) urges the government to ease some rules in the new “Tour Teaw Thai” tour package subsidy to attract more operators and boost domestic trips. Tour operators have voiced concerns over complicated procedures to enrol in the package and provide services, leading to hesitation about participation, said ADT president Thanapol […]

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Philippines: Hot money reverts to net inflow in August

MANILA, Philippines — More foreign portfolio investments or speculative funds returned in August, reversing the net outflow in July, the Bangko Sentral ng Pilipinas (BSP) said. BSP Governor Benjamin Diokno said in his weekly online press conference that foreign portfolio investments – also referred to as hot money – turned to a net inflow of […]

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