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Thailand: TAT banking on e-visas

With Malaysian tourists becoming the first source market to reach 1 million and reopening of more countries in sight, Thai tourism could realise an even stronger rebound among the Asian market if e-visas are adopted and international flights resume, according to the Tourism Authority of Thailand (TAT). Thanet Phetsuwan, TAT’s deputy governor of marketing for Asia […]

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Thailand: Economists urge caution for gloomy 2023

Thailand needs to prepare for global economic difficulties as they will intensify next year, according to economists. Kobsak Pootrakool, senior executive vice-president of Bangkok Bank, said the world economy is entering a recession, which will definitely affect Thailand. One current sign of the impact is Thailand’s exports have begun to decline, said Mr Kobsak. Domestic […]

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Thailand: Shippers project 8% growth in exports

Thailand’s exports should grow by 8% this year if China’s economy recovers and the shortage of semiconductors eases, according to the Thai National Shippers’ Council (TNSC). Chaichan Chareonsuk, the TNSC chairman, said on Tuesday the country’s exports for the last four months of this year are likely to see continued growth momentum. “Despite myriad negative factors, […]

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