The cabinet on Tuesday approved the allocation of 1.48 billion baht from the central budget to fund programmes to reduce the cost of living over a period of three months. Government spokesman Thanakorn Wangboonkongchana said the proposal was tabled by the Commerce Ministry. The ministry planned to organise a discount campaign at 3,000 distribution points, […]
Read MoreThailand has made 1,147 requests for Google to take down content since 2011 with 95.2% related to government criticism — the highest rate in the world. The information was shown in the latest study by Surfshark, a virtual private network (VPN) firm, which analysed Google’s Transparency Report. With a total of 1,147 requests for content […]
Read MoreThe Tourism and Sports Ministry will reduce the budget for the “Tour Teaw Thai” tour package subsidy programme, while slashing the scheme’s projected tour packages from a million to 200,000 amid weak demand. “After three months of implementation, the measure has proved ineffective in driving domestic trips or serving tourists’ demand as very few packages […]
Read MoreThailand’s baht rose on Tuesday on hopes that the tourism-reliant country waives quarantine for vaccinated visitors again, while its emerging market peers gained on a US dollar unperturbed by a rise in Treasury yields. Treasuries rose along the curve during Asia hours, with two-year yields, which track short-term rate expectations, crossing 1% for the first […]
Read MoreReal estate developers are calling for an extension of the 90% reduction in the rate of the land and building tax as the impact on the sector remains severe. Issara Boonyoung, chairman of the committee on real estate development at the Thai Chamber of Commerce, said there was some confusion over maintaining the land and […]
Read MoreThe baht hit its lowest point in seven weeks, opening at 33.05 to the US dollar, down from Monday’s closing of 33.08. The Thai currency is likely to move between 32.95 and 33.15 to the greenback during the day, Krungthai Bank market strategist Poon Panichpibool predicted. He says the baht is likely to swing sideways […]
Read More
Thailand
