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Call to scrap PCR tests, Thailand Pass

Hoteliers want to scrap the RT-PCR testing requirement along with the Thailand Pass because the Russian invasion of Ukraine has darkened the tourism outlook to such an extent that the industry might attract only 10% of the pre-pandemic arrival numbers. William Heinecke, founder and chairman of global hotel operator Minor International, said Thailand finally rebounded […]

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Thailand: TNSC cuts Q2 export growth forecast to zero

A group of Thai shippers cut its export growth forecast in the second quarter to zero from 5% earlier, blaming the escalating conflict between Russia and Ukraine and global financial market volatility following Western sanctions imposed on Russia. Chaichan Chareonsuk, chairman of the Thai National Shippers’ Council (TNSC), said the Russia-Ukraine crisis and the Western […]

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Cambodia: Retail fuel rates raised for fifth time

Economists and manufacturing players are concerned about the relentless rise in Cambodian fuel prices, which they blame for a general upswing in the prices of other goods and services – a trend many fear may be extended by Russia’s military offensive in Ukraine. The retail selling prices of fuel in the Kingdom from March 1-15 […]

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Thailand: PTT sees chance of oil prices cooling

National oil and gas conglomerate PTT Plc still sees a chance of global oil prices cooling down if the Russia-Ukraine clash is not protracted and Iran can export more oil. The situation will get better if talks between Russia and Ukraine in Belarus pave the way for a peaceful solution. Also, if the US lifts […]

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