Economic ministers are planning a “relocation package” to attract foreign companies looking to move their factories because of global trade tensions, officials said on Thursday. The Thai economy, Southeast Asia’s second-largest, grew at its weakest pace in nearly five years in the second quarter, on declining exports and soft investment. The relocation package will be discussed […]
Read MoreLaos and Thailand are considering the construction of one more friendship bridge to connect the two countries in a move that would link Vientiane Province and Loei. The governor of Vientiane Province, Mr. Khamphan Sithidampha told reporters on August 16 that Vientiane provincial authorities had proposed the project to the government for its consideration. “We […]
Read MoreCustoms-cleared exports rose in July for the first time in five months, up 4.28% from a year earlier, as gold shipments surged, the commerce ministry said on Wednesday. The gain in July was contrary to a Reuters poll forecast of a 2.3% drop in shipments, the main driver of Thai growth, and compared with a […]
Read MoreLocal tourism operators have teamed up with the Tourism Authority of Thailand (TAT) and Shopee to use e-commerce to expand group travel, especially among younger segments. Tour packages based on the collaboration have been available at the flagship platform of Shopee since yesterday. The partnership enables domestic travel companies to connect digitally with young travellers, […]
Read MoreThe cabinet yesterday shot down the Tourism and Sports Ministry’s visa waiver proposal for Chinese and Indian visitors but agreed to extend the waiver of visa-on-arrival fees for tourists from 18 countries for another six months. Speaking after a cabinet meeting which approved a 316-billion-baht economic stimulus package covering subsidies for the poor, domestic tour […]
Read MoreThe cabinet on Tuesday gave the green light to a 316-billion-baht stimulus package deemed vital to boosting the country’s economic growth by 0.5-0.6 percentage points this year. According to Finance Minister Uttama Savanayana, the stimulus package consists of three main groups of measures: additional allowances to low-income earners and the elderly; a debt suspension scheme […]
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