The Eastern Economic Corridor Office aims to attract 300 billion baht in investment applications for the flagship Eastern Economic Corridor (EEC) this year. Deputy Prime Minister Supattanapong Punmeechaow, who chaired a meeting of a subcommittee on EEC policy, said on Monday the government is ready to come up with proactive approaches to achieve this target. The […]
Read MoreIt is feasible Thailand could receive 5 million international arrivals this year, half the original forecast of 10 million as the pandemic continues to ravage the tourism industry worldwide, according to the Tourism and Sports Ministry. “If we can attract 5 million tourists this year under the current circumstances, that would be a success,” said […]
Read MoreCompetition regulators are looking at the decision by Shopee, the country’s most popular e-commerce platform, to choose delivery services rather than letting customers do so, saying the practice could run afoul of the Trade Competition Act. Shopee’s move to automatically select couriers for customers has prompted an outcry from some users, who have complained via […]
Read MoreThailand’s public debt will not exceed the 60% ceiling rate by 2025 if there is no more borrowing for Covid-19 management, says Finance Minister Arkhom Termpittayapaisith. The government expects to manage the fresh outbreak and there is sufficient capital in government coffers to cushion the impact, said Mr Arkhom. But if a third wave occurs, […]
Read MoreAs several countries have jump-started inoculation against Covid-19, hopes of re-energising the bruised travel industry are growing in tandem with millions of doses produced by pharmaceutical companies for global distribution. Questions abound about whether the much-needed vaccines are really a game-changer for international tourism. The future might be too opaque to forecast, particularly regarding the […]
Read MoreThe baht opened at 29.98 to the US dollar on Friday, strengthening from Thursday’s close of 30.01. The Thai currency is likely to move between 29.95 and 30.05 and in line with the dollar, Krungthai market strategist Poon Panichpibool said. On Thursday night, financial markets were in a risk-on state in response to the rise […]
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