The Bank of Thailand (BoT) chief said on Monday it would take several years for foreign tourist numbers to return to the 40 million levels with the coronavirus pandemic hitting a lucrative industry that provides a lot of jobs. The BoT expects only 8 million foreign visitors this year, down 80% from last year’s record […]
Read MoreThailand is turning to a less-travelled path to bypass supply-chain roadblocks and deliver perishables to China, its biggest customer in Asia. Most agricultural and food products have traditionally been delivered to China from Thai farms and warehouses by trucks going through either Vietnam or Laos. Ships and airplanes are also used, but the Covid-19 pandemic […]
Read MoreFive select groups of foreigners and migrant workers are expected to be allowed to enter the country as the Centre for Covid-19 Situation Administration (CCSA) will consider the 6th phase of Covid-19 easing this week. However, although the country has been free of local transmissions for 55 days, an opinion survey issued yesterday showed that […]
Read MoreThe government on Sunday warned it would delist hotel operators from its latest tourism stimulus campaign known as Rao Tiew Duay Kan (We Travel Together) if they are found to have increased their room rates. The latest effort to bolster the economy subsidises 5 million nights of hotel accommodation. Tourists are meant to pay only […]
Read MoreSouth Korea will seek travel bubble or selective border openings with Asian neighbours like Thailand, Taiwan and Vietnam where Covid-19 spread has been contained to aid tourism industries of respective countries. According to multiple industry sources, the Ministry of Culture, Sports and Tourism recently convened a meeting to discuss ways to boost the sluggish travel […]
Read MoreBANGKOK (BLOOMBERG) – Thailand is replacing the top two officials steering the economy through its worst crisis ever, injecting more uncertainty into the policy outlook. Finance Minister Uttama Savanayana resigned July 16 ahead of a Cabinet reshuffle, with Prime Minister Prayuth Chan-Ocha saying he’ll announce a likely replacement by next month. At the Bank of […]
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