Two Thai budget airlines have announced flights to Cambodia in a bid to spur bilateral tourism after the Covid-19 crisis, with one of them newly launching air links with the country, according to tourism ministry officials and representatives from the Kingdom’s main travel agent association. The Ministry of Tourism on February 27 announced that Thai […]
Read MoreGrowing concerns over the escalating war between Russia and Ukraine is causing the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) to reassess Thailand’s economic prospects in 2022. The JSCCIB will have business leaders brainstorm to identify negative impacts caused by the conflict and subsequent sanctions on Russia, said Kriengkrai Thiennukul, vice-chairman of the […]
Read MoreThe baht opened at 32.68 to the US dollar on Wednesday, weakening from Tuesday’s close of 32.61, the weakest in two weeks. Krungthai Bank predicted the Thai currency would move between 32.65 and 32.80 during the day. Poon said the baht was likely to fluctuate in a wide range due to pressure from the Russia-Ukraine […]
Read MoreHoteliers 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 […]
Read MoreA 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 […]
Read MoreNational 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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