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Thailand: Quietly into the night

Some might see it as the invisible economy, as it only happens at night. However, we cannot help admitting that the night-time economy brings valuable economic, social and cultural sparkle to urban areas. Night-time economies are an important part of Thailand’s broader tourism business which saw 40 million visitors annually, generating revenue of about 2 […]

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Thailand: Baht strengthens a tad

The baht has strengthened to 33.20 per US dollar from an opening of 33.25, Kasikorn Research Centre reported on Monday morning. It said the dollar had seen no new supporting factors while investors in the currency are monitoring the US inflation rate. Moreover, the increased price of commodities has stimulated the selling rate of the […]

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Thailand: Production outlook improving

The Federation of Thai Industries (FTI) expects car production to grow beyond the target of 1.6 million units this year amid falling Covid-19 infections and an easing of the semiconductor shortage situation. The better business prospects come after the easing of lockdown in many countries and a greater supply of computer chips, according to the […]

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Thailand: Three schemes set to welcome visitors

Thailand’s reopening will introduce three entry schemes for international tourists, while the list of countries eligible for quarantine-free entry without area restrictions is expected to be released on Friday. The first scheme, called “Test & Go”, will come with minimal requirements for inoculated tourists from low-risk countries who also have a high economic impact on […]

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Thailand: BoT eases mortgage LTV ratio

The Bank of Thailand (BoT) has further eased the loan-to-value (LTV) ratio for mortgage lending to allow homebuyers to borrow loans of up to 100%, aiming to help boost the property sector and help the economy recover from the impact of the Covid-19 pandemic. The temporary relaxation is effective as of Oct 20 this year […]

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Thailand: Minister to submit letter on CPTPP

Thailand’s decision on whether to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is becoming clearer, as Foreign Minister Don Pramudwinai is expected to submit a letter of intent soon for the country to apply to join the pact to the cabinet for its approval. According to a source from the International Economic […]

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