Thai tourism hopes to add 500,000 Russian visitors to its 1 million international tourists this year after the Sputnik V vaccine was endorsed for the sandbox programme, says the Tourism Authority of Thailand (TAT). “Russia was one of our tourism sources with 1.4 million visitors prior to the pandemic. An influx of Russian tourists to […]
Read MoreChina allowed 56 longan packaging companies to resume exporting Thai longan to China on Aug 17, reversing a ban imposed on Aug 13, according to the Commerce Ministry. Mallika Boonmeetrakook, advisor to the commerce minister, said on Wednesday that the Chinese government gave the green light to 56 longan sorting and packaging companies with records […]
Read MoreWith the government’s latest decision to extend lockdown measures until the end of this month in the face of rising Covid-19 infections, business operators are complaining that the extension will exacerbate their plight and create higher economic losses to the country. Sanan Angubolkul, chairman of the Thai Chamber of Commerce (TCC), said his organisation estimates […]
Read MoreThe baht opened at 33.36 to the US dollar on Wednesday, weakening from Tuesday’s closing rate of 33.27. The Thai currency is likely to move between 33.25 and 33.40 during the day, Krungthai Bank market strategist Poon Panichpibool said. He said the baht was likely to fluctuate and weaken due to the Covid-19 crisis and […]
Read MoreThe Bank of Thailand (BOT) estimates loss in revenue caused by the Covid-19 pandemic from 2020 to 2022 at Bt2.6 trillion. BOT Governor Sethaput Suthiwartnaruepu said on Monday that the prolonging and escalation of the pandemic had hit small and medium-sized operators and people who had lost their jobs the hardest. “The government reserves will […]
Read MoreThe Tourism Authority of Thailand (TAT) estimates total revenue from tourism in 2021 will be THB625.7 billion, most of which, or THB540.7 billion, would come from domestic tourists who are expected to make 100 million trips across the year. The number of total foreign tourists was forecast to be 1.2 million. They are expected to […]
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