Local tourism is reaping a windfall from the rising popularity of Naga Cave located at Phu Langka National Park in Bung Kan which has become a social media sensation as celebrities and locals flock to see the giant snake-shaped rock. Hotel businesses, particularly in Bung Khong Long district where the cave is located, saw a […]
Read MoreThe baht opened stronger at 33.09 to the US dollar on Friday from Thursday’s closing of 33.17. He added that the baht is likely to swing sideways owing to the weakening of the dollar near the support level and the strengthening of the baht. He added that the baht will fluctuate heavily before the US […]
Read MoreThe combined value of foreign and local applications for investment promotion in 2021 tallied 643 billion baht, an increase of 59% from a year before, led by an uptick in foreign direct investment (FDI) in tech sectors and more projects in the bio-, circular and green (BCG) industries, as well as a continued push in […]
Read MoreThe four phases of the government’s “Khon La Khrueng” co-payment subsidy scheme are expected to inject almost 400 billion baht into the economy, according to Fiscal Policy Office (FPO) director-general Pornchai Thiraveja. The co-payment scheme, which was launched in 2020, aims to mitigate the impact of the pandemic by reducing people’s living costs. The scheme […]
Read MoreConsumer demand for gold in Thailand reached 12 tonnes in the fourth quarter of 2021, up 44% from the previous quarter and bringing the full-year total to 37 tonnes, reversing a year of net sales in 2020, according the World Gold Council. Global annual demand (excluding over-the-counter markets) recovered many of the Covid-induced losses from […]
Read MoreBusiness operators have submitted to the Labour Ministry requests for about 90,000 migrant workers under terms of the memorandum of understanding (MoU) signed with Cambodia, Laos and Myanmar last December. Labour Minister Suchart Chomklin said the ministry had received 1,349 applications from employers seeking a total migrant workforce of 90,071. Most requests, 72.2%, are for […]
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