THAILAND will scrap a mandatory Covid test on arrival as the South-east Asian nation rolls back some of the pandemic-era measures seen as deterring global tourists. The RT-PCR tests will be replaced with a voluntary self-administered antigen tests for those entering via air and land borders from May 1, Taweesilp Visanuyothin, a spokesman for the […]
Read MoreThe government vows to move forward with its e-commerce development plan, aiming to increase domestic e-commerce revenue to more than 7.1 trillion baht by 2027, average growth of 10% annually. According to commerce vice-minister Sansern Samalapa, who chaired the 2022 E-Commerce Committee meeting yesterday, the group approved a draft national e-commerce development action plan phase […]
Read MoreThe baht opened at 33.90 to the US dollar on Friday, the highest in four months, strengthening from Thursday’s close of 33.85. Krungthai Bank market strategist Poon Panichpibool predicted that the currency will move between 33.80 and 34 during the day. He added that the baht may further strengthen to 34 as it is being […]
Read MoreThe government still has room to borrow another THB1.3 trillion before it reaches the 70 per cent ceiling of public debt as a ratio of gross domestic product, a source from the Finance Ministry said. Public Debt Management Office (PDMO) director Patricia Mongkhonvanit said on Thursday that there was still room for the Finance Ministry […]
Read MoreThe average cost of constructing a home rose 5.3% year-on-year in the first quarter of 2022 as a result of the Russia-Ukraine war, according to Vichai Viratkapan, acting executive director of Real Estate Information Center. Service fees in the category of construction design and system works increased, particularly for structural engineering. Mr Vichai said the […]
Read MoreAcademics warn that metaverse land prices could face a bubble after surging by 300 times in two years. The Bank of Thailand’s Puey Ungphakorn Institution for Economic Research collaborated with Chulalongkorn University on a paper titled “Is Metaverse Land a Good Investment? It Depends on Your Unit of Account”. The two institutes held a discussion […]
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Thailand
