Domestic car sales tumbled 38.8% in August from a year earlier as stricter coronavirus containment measures hit economic activity, the Federation of Thai Industries (FTI) said on Thursday. However, the curbs, imposed in July and August, have been eased this month, which the FTI said should boost car sales later this year. In August, sales […]
Read MoreThe Phuket sandbox will help revive the residential market in the province next year, but a local business body is calling on the government to provide one-stop services and incentives to boost demand from foreign buyers. Thanusak Phungdet, president of the Phuket Chamber of Commerce, said many foreign buyers were waiting for the country’s reopening […]
Read More[BANGKOK] Trade-reliant Thailand plans to launch a national shipping company next year to bolster its trade capabilities, reduce transport costs and become a bigger player in global logistics as the Malacca bypass opens. “With Covid, we’re facing container shortages, so a lot of our goods can’t be shipped, and some products will perish. Losses are […]
Read MoreThe government should not have a problem repaying public debt, even if it borrows more in the future, says Finance Minister Arkhom Termpittayapaisith. The State Monetary and Fiscal Policy Committee’s decision on Monday to raise the ceiling of the public debt-to-GDP ratio from 60% to 70% will allow further borrowing to rehabilitate an economy battered […]
Read MoreHua Hin is likely to be the only one of the five destinations scheduled to reopen to vaccinated tourists on Oct 15 to reach the required inoculation rate of 70% for residents. Tourism Authority of Thailand governor Yuthasak Supasorn said Hua Hin municipality and Nong Kae district are expected to reach the 70% vaccination target […]
Read MoreBangkok Post – Thailand jumped 19 places from a year ago in a new global digital wellbeing study, but is still behind Malaysia and Singapore in Southeast Asia. The third annual edition of the Digital Quality of Life Index (DQL) ranks Thailand 44th among 110 countries, with Singapore sixth and Malaysia 31st. The top five, […]
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