Stock markets around the world experienced the biggest falls in history earlier this year because of the Covid-19 pandemic. Though they have since recovered from their March lows, many economies have gone into recession. The spread of the coronavirus around the world has driven many structural and lifestyle changes, such as the growth in e-commerce […]
Read MoreThe Commerce Ministry expects gems and jewellery exports including gold to grow by 20% next year, boosted by expected easing of the pandemic, relaxation of lockdown measures and online sales expansion and gems fairs. Somdet Susomboon, director-general of the International Trade Promotion Department (DITP), is optimistic about next year’s outlook, with exports of gems and […]
Read MoreTourism operators are urging the government to engage in a dialogue with protesters without triggering another coup, as that would bury the economy. Chairat Trirattanajarasporn, president of the Tourism Council of Thailand, said any political upheaval affects tourist sentiment, even with travel restrictions banning most foreign arrivals. “If the situation’s gone too far, I am […]
Read MoreThe Bank of Thailand approved the extension of its 500-billion-baht soft loan scheme by six months, and allowed companies listed on the Market for Alternative Investment to apply for the loans, a previous obstacle to participation. The central bank announced the relaxation of the parameters on Saturday, with the existing scheme scheduled to expire on […]
Read MoreWhat is the real cost for tourists when planning an outbound trip to Thailand in the Covid-19 era? Apart from sufficient budget for a quarantine facility, which for the most luxurious trip can be as high as 300,000 baht per person, tourists must consent to dedicated extra time for a 14-day quarantine — a condition […]
Read MoreFresh political tensions have spurred communication on social media, with posts shooting up almost 100% from normal days to 40 million on Thursday, says social media analytics firm Wisesight. Brands have begun to hold back on digital media spending in the fourth quarter as political messages flood online platforms, drawing attention away from commercial activity. […]
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Thailand
