The Covid outbreak has been a catalyst for disrupting the tourism and digital landscapes, hastened when social media giant Meta (formerly Facebook) announced a rebranding towards the metaverse last year. The metaverse frenzy created a great amount of global hype, but it is still too early to predict how this trend will play out once […]
Read MoreThe baht opened at 33.58 to the US dollar on Monday, strengthening from Friday’s close of 33.63 and reversing a downward trend. The Thai currency is expected to move between 33.45 and 33.65 during the day and between 33.30 and 33.80 during the week, Krungthai market strategist Poon Panichpibool said. Poon advised investors to be […]
Read MoreThe Board of Investment (BoI) is accelerating the revision of investment incentives to align them with global changes and offset the impact of the new world tax regimes proposed by the Organisation for Economic Co-operation and Development (OECD). According to Duangjai Asawachintachit, BoI secretary-general, investment incentives need to be rejigged to retain Thailand’s investment competitiveness […]
Read MoreThe Songkran celebrations not only mark the Thai New Year, but also may help determine the economic health of the country this year amid a prolonged global oil price hike and new fears about an Omicron infection surge. The five-day holiday, expected to see tepid spending despite a surge in travel, will be factored in […]
Read MoreThe Commerce Ministry will seek cabinet endorsement for a proposed negotiation framework for a free-trade agreement (FTA) with the European Free Trade Association (Efta) following a recent public hearing on the matter. Auramon SupthaweethumG, director-general of the Department of Trade Negotiations, said the department held the hearing on March 30, attended by state agencies, the […]
Read MoreRT-PCR tests for foreign visitors are expected to be replaced by antigen tests from next month in a bid to attract more tourists and revitalise the struggling sector. Speaking after a meeting of the Centre for Covid-19 Situation Administration (CCSA), Deputy Public Health Minister Sathit Pitutecha said the meeting agreed in principle with the switch […]
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Thailand
