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Thailand: Government to launch SME co-pay project

BANGKOK (NNT) – Response to the government’s half-half co-payment campaign, aimed at easing people’s financial burden, has been overwhelmingly positive. The government is to launch the SME co-pay project by mid-2021 to help small and medium-sized enterprises (SMEs) reduce costs while enhancing their competitiveness. The Government Spokesman, Anucha Burapachaisri, said today that the government is […]

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Thailand ranked 3rd in ASEAN on Economic Freedom Index

Thailand ranked 3rd in ASEAN, 9th among 40 Asia-pacific countries and 42nd in the World on the most recent on Economic Freedom index. Singapore tops the list for the second consecutive year, followed by New Zealand and Australia. The report, by American conservative think tank, The Heritage Foundation, stated that the Thai economy registered its […]

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Thailand: Songkran water splashing likely to be allowed

Water splashing will probably be allowed during the Songkran festival next month, Culture Minister Itthiphol Kunplome said on Tuesday. It should get the green light because the daily number of new Covid-19 cases had dropped from three digits to only two digits, the minister said. He also thought it possible people travelling around on trucks […]

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Thailand: Reopening hinges on jab strategies

Vaccination will have a profound impact on Thailand’s tourism industry recovery and reopening strategy this year, with 2 million foreign tourist arrivals expected at this juncture, says Kasikorn Research Center (K-Research). “Thailand’s path to economic recovery will mostly depend on the tourism industry [outlook] as to when the country will reopen for foreign tourist arrivals. […]

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Centara opens second resort in Vietnam

Centara Hotels & Resorts has opened its second Centara Mirage brand resort in southern Vietnam. Located a few hours’ drive from Ho Chi Minh City, Centara Mirage Resort Mui Ne will be a Spanish Mediterranean-themed waterpark resort. The first Centara Mirage opened in Pattaya in 2009. The 984-key resort will open in April and will […]

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Thailand: Airline layoffs ahead as travel stalls

More layoffs in Thailand’s aviation industry will be seen this year as a result of no liquidity and a slow revival in international markets expected in the final quarter. Airlines Association of Thailand (AAT) president Puttipong Prasarttong-Osoth said all airlines are struggling with earnings as the domestic market has yet to regain positive momentum. The […]

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