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Thailand: Nation rises one spot to 28th on IMD index

Thailand climbed one spot to 28th in the 2021 world competitiveness rankings conducted by the Institute for Management Development (IMD), boosted by improvements made in employment and public finances. However, among its peers within Asean, Malaysia and Indonesia made the greatest gains rising two places to reach 25th and three spots to reach 37th, respectively. […]

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Thailand: Analysts issue mixed bag of growth outlooks

The government’s plan to fully reopen the country within 120 days would support economic growth of 2.3% this year, the growth figure forecast by the Fiscal Policy Office (FPO), says the office’s director-general Kulaya Tantitemit. Prime Minister Prayut Chan-o-cha said on Wednesday Thailand will fully reopen by mid-October, with all businesses able to resume normal […]

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Thailand: Klong Toey project bids to open 2022

The Port Authority of Thailand (PAT) will open bidding for a construction contractor for the Klong Toey smart community project next year. Director-general Lt JG Kamolsak Promprayoon said the authority has hired companies responsible for architecture design and engineering for the smart community project, worth 9.9 billion baht. The architectural designer will be asked to […]

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Thailand: Retail, hotels applaud return to normalcy

Operators of malls and hotels hail the government’s plan to fully reopen to foreign visitors in 120 days, but some remain concerned the scheme may result in a spike of coronavirus infections that could eventually derail the country’s economic recovery. Voralak Tulaphorn, The Mall Group’s chief marketing officer, said the company supports the strong gesture […]

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Thailand: Tour operators on edge over jab wait

Tourism operators have voiced concerns over delays in vaccinations as this might derail the goal of reopening within 120 days, promised on Wednesday by the prime minister. The virus is mutating and many countries with a good record of controlling it such as Vietnam and Taiwan have faced fresh outbreaks, said Sisdivachr Cheewarattanaporn, president of […]

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Thailand up one spot in world competitiveness

Thailand has climbed one spot to 28th in the 2021 world competitiveness rankings conducted by the Institute for Management Development (IMD), supported by improvements in employment and public finances. However, its neighbours Malaysia and Indonesia saw bigger increases. The former rose two places to 25th while the latter advanced three spots to 37th. IMD, a […]

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