The government’s ambitious goal of 4% economic growth this year will be difficult, requiring a lot of effort and a host of supporting factors such as higher exports, recovering foreign tourist arrivals and active private investment, says the Finance Ministry’s Fiscal Policy Office (FPO). FPO adviser Wuttipong Jittungsakul said if the government hopes to achieve […]
Read MoreThailand’s labour force is recovering from a plunge last year that saw 3 million people lose their jobs because of the pandemic, though people with IT skill sets are in great demand as organisations gear up for digital transformation, according to job search platform JobsDB. People in Thailand need to improve their skill sets for […]
Read MoreBangkok should be included in the tourism sandbox scheme for October that allows vaccinated visitors to enter without quarantine, or else Thailand will miss its goal of 6.5 million foreign tourists this year, say tourism operators. Vichit Prakobgosol, vice-president of the Tourism Council of Thailand (TCT), said Bangkok is a strategic tourism hub as 90% […]
Read MoreThe Thai Chamber of Commerce vows to help revitalise the economy in 99 days under its “Connect the Dots” policy, with faster Covid-19 vaccine distribution at the core. By connecting the dots, the chamber means it will work as a focal point to connect the state and private sector and individuals to jointly drive economic […]
Read MoreBilateral trade between Cambodia and Thailand was valued at $1.298 billion for the first two months of 2021, a slide of 20.5 percent downwards year-to-date. Data from Thailand’s Ministry of Commerce cited Cambodian exports for the reporting period of $225 million, down 47 percent from last year. Cambodian imports from Thailand reached $1.073 billion, an […]
Read MoreThe cross-border QR payment service will facilitate consumption and payments for both countries’ consumers. Under an interoperable payment QR code scheme, tourists from Thailand could scan QR codes displayed at stores in Vietnam to pay for goods and services, while Vietnamese travelers in Thailand could the same. In the first phase of the project, Thai […]
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