Business confidence fell to a 26-month low in February as the outbreak sapped sentiment from any economic recovery and sparked concerns about the impact on people’s daily lives. The Thai Chamber of Commerce confidence index, a gauge of nationwide business sentiment, dropped from 29.8 in January to 29.6 in February — the lowest level since […]
Read MoreThailand has an opportunity to become an aviation and logistics hub, thanks to its prime location in central Southeast Asia and infrastructure development in the Eastern Economic Corridor (EEC), but the country needs to adjust to the pandemic crisis. The severe impact of the pandemic on aviation and tourism firms as well as a delay […]
Read MoreThe worldwide container shortage pinching global trade will be relieved in the second half of this year as trade picks up, according to CIMB Thai Bank’s research office. The shortage crisis blew up in mid-2020 when containers shipped to North America and Europe were stranded there by Covid-19 restrictions that meant almost nothing moved in […]
Read MoreThe Customs Department has approved the extension of tax waivers, including value-added tax on the value of vessels for all yachts arriving for another 2.5 years to support the country’s marine industry. According to Customs Department spokesman Chaiyut Kumkun, the approval issued on Feb 19 this year applies to both visiting yachts and temporarily imported […]
Read MorePattaya is being touted by the government as likely to increase investment confidence in the Eastern Economic Corridor (EEC), with the city selected to host a Greater Mekong Subregion (GMS) logistics forum that can showcase Thailand as a hub of modern logistics in Asean. Organiser Thailand Convention and Exhibition Bureau (TCEB) said the geographical location […]
Read MoreThai manufacturers’ outlook picked up for the first time in three months in February after restrictions to contain a recent coronavirus outbreak were eased, the Federation of Thai Industries said on Thursday. The FTI’s Thai industries sentiment index rose to 85.1 last month after hitting a six-month low of 83.5 in January, it said. “The […]
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Thailand
