The manufacturing production index (MPI) for May dropped 23.19% from a year earlier, led by lower production of cars, petroleum and air conditioners due to the impact of the coronavirus outbreak, the industry ministry reported on Monday. That compared with a forecast for a drop of 21.0% in a Reuters poll, and against April’s revised […]
Read MoreThailand is setting a new goal to become a global medical and wellness destination by 2024, aiming to lure international travellers and 1 million overseas Thais, according to the Tourism Authority of Thailand (TAT). As the pandemic raises awareness about healthcare and accelerates demand for preventive and regenerative medicine, the TAT sees an opportunity, particularly […]
Read MoreBusinesses remain hamstrung by the pandemic, leading most enterprises to freeze their investment amid the uncertainty. Yet some companies are bucking the trend. Several coffee shops and tea chains debuted their business shortly after the government announced its lockdown measures. Among them are %Arabica, the Japanese specialty coffee brand, which opened in early June at […]
Read MoreThailand’s banking sector has been disrupted yet again, but this time it’s not a sophisticated new technology creating turbulence. Rather, it’s a microscopic virus that induces fear of immense collateral damage that could shake the country’s financial pillars to its core. Despite having no locally transmitted infection for more than a month in Thailand, the […]
Read MoreTourism operators are urging the government to hasten bilateral agreements with 20 low-risk provinces in China for a possible reopening to foreign travellers in the second half of the year. Vichit Prakobgosol, president of the Association of Thai Travel Agents (Atta), said a speedy decision on the matter could cushion the impact on the tourism […]
Read MoreThai Airways International (THAI) is seeking help from authorities after the Airports of Thailand (AoT) recalled more than 50% of the check-in counters and aircraft stands at Suvarnabhumi airport, said Deputy Prime Minister Wissanu Krea-ngam. Mr Wissanu, who heads a committee coordinating solutions to THAI’s problems, said on Thursday the airline raised the recall issue at […]
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