Banks have made a push for greater adoption of digital banking channels, offering more services to improve convenience for commercial customers amid social distancing to contain the pandemic. Kasikornbank (KBank) emerged as the country’s first bank to offer e-payment for tax invoices and tax receipts on a digital platform, said senior executive vice-president Silawat Santivisat. […]
Read MoreThe Civil Aviation Authority of Thailand (CAAT) on Monday decided to extend the ban on all incoming flights for another month over coronavirus concerns. The aviation regulator announced the extension ahead of the scheduled expiry date, April 30, on the grounds that the situation was worsening. The ban was also in support of the Centre […]
Read MoreCambodia’s exports to Thailand skyrocketed in the first three months of this year, although the two countries have faced strict movement of cross-border trade because of the deadly COVID-19 pandemic. From January to March this year, Cambodia’s total exports to the neighbouring country were valued at $612 million, a 115 percent increase compared with the […]
Read MoreThe Eastern Economic Corridor (EEC) Office is set to revise its investment target and strategy for this year as the coronavirus pandemic ravages overall investment sentiment. Kanit Sangsubhan, secretary-general of the EEC Office, said the EEC has been keeping a close watch on investment but it remains difficult to predict because nobody knows how long […]
Read MoreThe Commerce Ministry is set to host its first online trade show — Multimedia Online Virtual Exhibition (Move) — along with a business matching platform for digital content entrepreneurs in late May, expecting sales worth 1 billion baht. Somdet Susomboon, director-general of the International Trade Promotion Department, said that because the pandemic remains rampant and […]
Read MoreA vaccine for the novel coronavirus is needed to help reverse a plunge in Thailand’s critical tourism sector, according to the Tourism Authority of Thailand (TAT). Visitor numbers are set to tumble 60% to 16 million this year, almost halving foreign tourism income, but those numbers could go even lower as the world waits for […]
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