As travel continues to recover post-pandemic, nights booked in Thailand on Airbnb more than doubled last year from 2020, according to data compiled by the accommodation-sharing platform operator. International travel is leading the way, with Bangkok emerging a top destination of choice for global travellers. The capital was the No.1 trending destination globally for Airbnb guests in […]
Read MoreDue to a decrease in the population in the past three years, Thailand is expected to become a super-aged society by 2029, according to research conducted by Kasikorn Research Centre (KResearch). The research also shows the number of newborns and adolescents between 2020 and 2022 has fallen. Researchers said the number of newborns started to fall […]
Read MoreAirlines are expecting higher airfares than usual during the upcoming low season as oil cartel Opec and its allies announced production cuts. Opec plans to lower oil production by 1.16 million barrels per day, starting next month, which has led to a surge in prices. Pinyot Pibulsonggram, head of commercial at Thai Vietjet, said the […]
Read MoreDespite volatility due to COVID-19, Cambodia’s 2022 apparel exports to Thailand reached $57.6 million, and fabric imports were $157 million. Thailand remains a major fabric supplier for Cambodia, with trade in fibre and yarn being insignificant between the two nations. Cambodia and Thailand recently pledged to achieve a bilateral trade volume of $15 billion by […]
Read MoreThe Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) plans to ask Prime Minister Prayut Chan-o-cha to reconsider the electricity bill calculation, believing the power tariff of 4.77 baht per kilowatt-hour (unit) could be further reduced. The Energy Regulatory Commission (ERC) previously announced both businesses and households would pay the same tariff rate of 4.77 […]
Read MoreThe Commerce Ministry has downgraded its headline inflation outlook for this year from a range of 2-3% to 1.7-2.7%, in line with economic conditions and falling energy prices. Wichanun Niwatjinda, deputy director-general of the Trade Policy and Strategy Office (TPSO), said the new forecast also assumes the Thai economy will grow at a rate of 2.7-3.7% […]
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