Most executives attached to the Federation of Thai Industries (FTI) want the government to reopen Thailand only if Covid-19 infections, which are currently rising, are brought under control, according to the latest FTI survey. FTI’s CEO survey gauged the opinions of executives following Prime Minister Prayut Chan-o-cha’s announcement on June 16 of a controversial target […]
Read MoreForeign tourist arrivals could tally 3 million this year under the best-case scenario, while the tourism confidence index in the second quarter plunged to its lowest point as 2 million people lost their jobs, according to the Tourism Council of Thailand (TCT). “In addition to faster vaccination for 10 pilot tourism areas, the key factors that […]
Read MoreThe cabinet on Tuesday approved seven state-owned financial institutions extending debt relief measures for their customers for another six months to help ease the impact of Covid-19, says Finance Minister Arkhom Termpittayapaisith. He said the existing measures are set to expire in June or July. These institutions have provided relief measures to 7.56 million individuals […]
Read MoreAs tourism-reliant Thailand struggles with a collapse in foreign visitors, the country’s auto sector is picking up some of the slack with the value of car exports tipped to surge to a record this year as the global economy reopens. As tourism-reliant Thailand struggles with a collapse in foreign visitors, the country’s auto sector is […]
Read MoreCross-border trade rose more than 29 per cent in May, increasing for the fifth consecutive month, the Commerce Ministry reported on Tuesday. Total trade of 677.078 billion baht represented a rise of 29.15 per cent, with exports up 33.6 per cent to 408.3 billion baht and imports up 22.93 per cent to 268.777 million baht. […]
Read MoreThe baht opened at 32.11 to the US dollar on Wednesday, weakening from Tuesday’s closing rate of 32.02. The Thai currency is likely to move between 32.05 and 32.20 during the day, Krungthai Bank market strategist Poon Panichpibool said. The most important factor influencing the direction of the baht is the Covid-19 situation in Thailand […]
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