PHUKET: Local tourism organisations have called for strict Covid-19 curbs to be relaxed to help with a quick recovery despite authorities struggling under the weight of a new surge of up to 200 infections a day. Thanet Tantipiriyakit, president of the Phuket Tourism Council (PTC), said the latest cases were not caused by tourists but […]
Read MoreCollectius, a restructuring partner for financial institutions in Asia, has acquired Magnate Group Plus Co, one of Thailand’s top five debt servicing companies. Collectius has been licensed by the Bank of Thailand since 2016. It has purchased a total of US$369 million (12.2 billion baht) worth of unsecured consumer non-performing loans (NPLs). Regarding the debt […]
Read MoreBANGKOK (BLOOMBERG) – Thailand will relax some of its quasi-lockdown restrictions on Wednesday (Sept 1) to allow more travel, and shopping malls and restaurants to reopen after its worst wave of Covid-19 infections showed some signs of easing. The country’s top virus task force approved a plan on Friday designed to gradually boost an economy that has […]
Read MoreThe Board of Investment (BoI) anticipates that the value of investment project proposals under its tax privilege programme, especially in such high-tech industries as electronics, will reach a 500-billion-baht target this year despite the volatile Covid-19 situation. While posing a challenge to the global investment environment, the pandemic has also sped up digital industry development, […]
Read MoreThe attempt to restart the battered tourism industry with the Samui Plus model which started on July 15, following the first-ever reopening plan under the Phuket sandbox, still has a long way to go to shore up the hotel business. As of Aug 24, Samui Plus had welcomed 431 international travellers, of which 34 tourists […]
Read MoreThe private sector has offered guidelines to “open a safe city” and recommends using a Digital Health Pass to reopen business. Thai Chamber of Commerce chairman Sanan Angubolkul said the chamber and a working group proposed relaxing restrictions on economic activities so entrepreneurs could safely resume business operations. “The private sector believes relaxing restrictions to […]
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Thailand
