The Tourism and Sports Ministry plans to ask the Finance Ministry for 10 billion baht in soft loans to help operators prepare their businesses for the mid-October reopening deadline. Phiphat Ratchakitprakarn, the tourism and sports minister, said if the Phuket sandbox operates smoothly, his ministry will use the opportunity to discuss with the Finance Ministry […]
Read MoreSurveyors are designing a route for a new expressway in Laos that will cut travel time between northern Thailand and southern China. Liu Jingwei, an official overseeing the project, said officials were surveying the route for the expressway that will connect Huayxai in Laos’ Bokeo province and Boten, the Lao town in Luang Namtha bordering […]
Read MoreRising household debt may slow the country’s economic recovery, as people use their income to repay debt rather than spend on consumption, warns the government’s planning unit. Jinanggoon Rojananan, deputy secretary-general to the National Economic and Social Development Council (NESDC), said the latest wave of Covid-19 infections have triggered not only a surge in household […]
Read MoreThe next job on the checklist for PTT Oil and Retail Business Plc (OR), which operates the Cafe Amazon franchise, may stun its rivals embarking on non-oil ventures. OR is moving ahead with a “Beyond Fuel” concept, making its food and beverage business as well as electric vehicle (EV) charging outlet development the priority to […]
Read MoreThe baht opened at 32.16 to the US dollar on Monday, strengthening from Friday’s closing rate of 32.19. The Thai currency is likely to move between 32.10 and 32.25 during the day and between 32 and 32.50 this week, Krungthai Bank market strategist Poon Panichpibool said. He said the main factors behind the baht’s weakening […]
Read MoreThe Mall Group Co, the operator of The Mall, Emporium, Paragon and EmQuartier shopping complex, is beefing up online shopping services for Gourmet Market in a move to respond to a lower number of people going out to shop amid the increasing number of Covid-19 infections. Voralak Tulaphorn, the company’s chief marketing officer, said the […]
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