SET-listed event and marketing services firm Index Creative Village Plc expects as many as 100,000 employees in the sector to lose their jobs because of the pandemic and ongoing anti-government demonstrations. Kreingkrai Kanjanapokin, the company’s founder and chief executive, said the event business has been battered by the pandemic since the government’s lockdown measures on […]
Read MoreRising political tensions cloud prospects for rapid economic recovery and foreign investment in Thailand, says Moody’s Investors Service. On Oct 15, Thailand’s government declared a state of emergency that banned gatherings of five or more people amid pro-democracy protests that have become larger and more frequent since September. “Although the country has a track record […]
Read MoreThailand is set to run relatively wide budget deficits over the coming years, as the government seeks to support the economy amid the headwinds from the pandemic and a downturn in external demand. The budget for fiscal 2021 that began on Oct 1 amounts to 3.2 trillion baht, 2.6% higher than the previous year. Given […]
Read MoreRussian and European tourists started booking rooms at Alternative State Local Quarantine (ASLQ) hotels in Pattaya of Chon Buri province, but were then blocked from organising flights to the kingdom after Thai Consulate-Generals said they were only allowed to quarantine in Bangkok and its surrounding areas. Thanet Supornsahasrungsi, president of the Chon Buri Tourism Council, […]
Read MoreThe result of the first Covid-19 test on arrival for 39 Chinese tourists who travelled using the special tourist visa reported no positive cases. Another two groups from China are scheduled to arrive on Oct 26 and Oct 28, while Scandinavian travellers queue up for November, said Phiphat Ratchakitprakarn, the tourism and sports minister. He […]
Read MoreExports are expected to slowly recover in the remaining months this year, boosted by strong demand for food, people working from home, Covid-19-related products, and automobiles and parts. Speaking after the second meeting of the Joint Public and Private Sector Consultative Committee on Commerce, Commerce Minister Jurin Laksanawisit said on Wednesday both the public and private […]
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