The government’s domestic tourism goal of 200 million trips this year is achievable, though it depends on state support via more stimulus plans, says the Association of Domestic Travel (ADT). Operators would like the government to flatten the infection rate curve from the hundreds daily to double digits or even a single digit by February, […]
Read MoreThe new wave of the pandemic is sparking demand for computers and accessories, pushing sales to grow 45-70% above normal, as more people work from home and learn online, say major IT retailers. Computers and components are still in short supply, slowed by the closure of factories abroad because of the pandemic and a surge […]
Read MoreDespite a new wave of Covid-19 cases in Thailand, Chinese buyers are prepared to purchase Thai properties in the second half of 2021, driven by the expectation of a distribution of vaccines and the reopening of inbound tourism. Kashif Ansari, co-founder and chief executive of Kuala Lumpur-based real estate marketing firm Juwai IQI Group, said […]
Read MoreCross-border trade between Cambodia and Thailand dropped 22 percent Jan-Nov (including transit trade) compared with year-to-date (YTD) figures for the same period in 2019. Bilateral trade for the period amounted to $6.6 billion, down from $8.6 billion in 2019 according to statistics from the Cambodian Embassy in Thailand. Cambodian exports to Thailand totalled $1.1 billion […]
Read MoreThough domestic headline inflation is expected to return to the target band in mid-2021, upcoming inflation dynamics will be marred by changes in the global economic system from the pandemic and e-commerce business, says the Bank of Thailand. The central bank’s Monetary Policy Committee (MPC) assesses headline inflation will gradually reach the target band of […]
Read MorePassenger numbers on all modes of transport have dropped by 40 to 70% due to the recent outbreak of the coronavirus, which has in turn led to a significant drop in revenue for Bangkok operators. Bangkok Mass Transit Authority (BMTA) director Surachai Iamwachirasakul said that the number of city bus passengers has declined by 200,000 […]
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