Tourism has flourished since Thailand fully reopened in the second half of last year. For business travel, the sector known as Mice (meetings, incentives, conventions and exhibitions) saw a big leap after Thailand hosted the Asia-Pacific Economic Cooperation (Apec) summit in Bangkok, with many hotels getting a boost from this segment. The Thailand Convention and Exhibition […]
Read MoreHigh-value industrial products with few imported raw materials such as rubber products, canned and processed seafood, gems and jewellery are expected to be the hardest hit as the baht strengthens, according to the planning unit of the Commerce Ministry. Poonpong Naiyanapakorn, director-general of the Trade Policy and Strategy Office (TPSO), said the baht accelerated quickly to […]
Read MoreChinese travel agencies will today resume outbound group tours to 20 countries including Thailand, following the relaxation of rules governing personal foreign travel at the beginning of the year. The number of Chinese tourists visiting Thailand is expected to hit pre-Covid-19 pandemic levels by the end of the year, said deputy government spokeswoman Traisuree Taisaranakul, citing a projection […]
Read MoreCustoms Department deputy director-general Phantong Loykulnanta has emphasised customs officials will not conduct personal inspections of arriving foreign tourists at airports, even if they are carrying or wearing multi-million-baht personal items. He said this policy aligns with the country’s reopening. Mr Phantong said it is the department’s policy to make life convenient for tourists and not […]
Read MoreA national committee on electronic vehicle policy, also known as the EV board, on Thursday agreed in principle on a proposal to lower the excise tax on EV batteries from the current 8% to just 1% while offering a 24-billion-baht subsidy to the EV battery-producing industry. “The subsidy will be on a first-come, first-served basis,” said […]
Read MoreInfrastructure, including a new expressway, along with urbanisation driven by mass transit expansion and market competition pushed Bangkok land prices up by as much as 75% in recent years. Saenphin Sukhee, chief executive of residential developer Frasers Property Home (Thailand), said land prices in Bangkok continued to grow despite the pandemic with an average increase of 70-75% […]
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