After testing the water in July with the Phuket and Samui sandboxes, Thailand’s tourism-dependent economy is on course to progressively open up to international tourists by waiving quarantine and area restrictions for fully vaccinated travellers from 46 low-risk countries from Nov 1. Video by Janine Phakdeetham The tourism industry is betting on this policy, particularly […]
Read MoreForeign business confidence has recovered, as foreign investors are feeling upbeat about the country’s prospects boosted by the government’s announcement to reopen the country to inoculated foreign tourists early next month and an increase in vaccine coverage. The foreign business confidence index (FBCI), which gauges foreign business sentiment in Thailand, stood at 41.7 in the […]
Read MoreThe Fiscal Policy Office (FPO) has downgraded its forecast of Thai economic expansion this year to an average 1% from the previously predicted 1.3% mainly as a result of the resurgence of the Covid-19 pandemic in April, which severely impacted the country in the third quarter. The state agency’s director-general Pornchai Thiraveja said Thailand’s economy […]
Read MoreThe Department of Consular Affairs and the Tourism Authority of Thailand have clarified rules governing international arrivals when the country opens on Monday. Travellers will be categorised into three groups, according to Naruechai Ninnart, director of the Protection of Thai Nationals Abroad Division, Department of Consular Affairs. The first are fully vaccinated visitors from 46 […]
Read MoreThe government will launch the “Thailand Pass” system to fast-track procedures for foreign visitors when the country reopens on Monday. Meanwhile, Bangkok governor Pol Gen Aswin Kwanmuang said the capital is ready to welcome back travellers from overseas as “all” of the city’s residents have received their first shots of a Covid-19 vaccine and 75% […]
Read MoreThe baht opened at 33.19 to the US dollar on Friday, strengthening from Thursday’s closing rate of 33.30. The Thai currency is likely to move between 33.10 and 33.30 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht strengthen because the dollar weaken and the gold-selling. Investors might be […]
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Thailand
