The Tourism and Sports Ministry announced a more relaxed mandatory quarantine scheme last week called “Area Quarantine”, which is scheduled to be ready on April 1. Under the plan, vaccinated tourists are required to quarantine for only seven days instead of two weeks within hotel areas. After one week, they can travel to any province. […]
Read MoreThailand is expected to begin signing vaccine passport deals with other countries next month, says the Public Health Ministry. Director-General of the Department of Disease Control Opas Karnkawinpong on Saturday announced that Thailand was planning to enter into bilateral agreements on vaccine passports with low-incidence countries which had begun vaccinating their people against Covid-19. “The vaccine […]
Read MoreThe Thai Bankers’ Association (TBA) has asked for an easing of the government’s amendment of the soft loan decree, which was aimed at facilitating better access to funding for small and medium-sized enterprises (SMEs). The TBA submitted its proposal regarding the soft loan decree amendment and the asset warehousing model to the Bank of Thailand, […]
Read MoreConsumer sentiment picked up for the first time in three months in February, boosted by the government’s economic stimulus measures and the promise of mass distribution of Covid-19 vaccines. The University of the Thai Chamber of Commerce (UTCC) reported on Thursday the consumer confidence index rose to 49.4 in February from 47.8 in January, following readings […]
Read MoreConsumer spending power is expected to gradually recover in the second half this year, helped by mass distribution of Covid-19 vaccines, the reopening of the country to foreign tourists, and the government’s stimulus measures, according to giant retail players. Sompong Rungnirattisai, chief executive of Ek-Chai Distribution System Co, the operator of Lotus hypermarket chain, said […]
Read MoreAsian stock markets, including the Stock Exchange of Thailand (SET), are increasingly attracting foreign funds as investors shift away from lower-yield US 10-year bonds because of signs of increasing inflation. The foreign fund inflows are expected to greatly benefit large-cap stocks as foreign investors prefer stocks with high liquidity, while analysts are waiting for more […]
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