The Tourism Authority of Thailand will ask the Centre for Covid-19 Situation Administration (CCSA) to consider waving visa fees until the year-end to promote arrivals and increased spending by foreign tourists. TAT governor Yuthasak Supasorn said the proposal would be raised at the next CCSA meeting, which has not been scheduled yet. Yuthasak said the […]
Read MoreThe Bank of Thailand (BoT) will hold a media briefing on the policy interest rate and the baht on Friday at 10.30am, as the local currency trades at its weakest level in more than six years against the United States dollar. The event is not an urgent policy rate meeting, and the Bank of Thailand’s […]
Read MoreCambodia has launched a “My 2nd Home” programme to encourage foreign investment in the country. The programme features a 10 year long “Golden Visa” with unlimited entry and exit and other benefits. But how does it compare with Thailand’s 10 year Long Term Resident visa? Applicants for the “My 2nd Home” Golden Visa must be […]
Read MoreHigher energy prices have driven up production costs by 20%, but manufacturers managed to increase goods prices by less than 10% as they struggle to maintain sales volume, according to the latest poll conducted by the Federation of Thai Industries (FTI). Up to 38.8% of 165 company executives and members of the FTI in 45 […]
Read MoreForeign tourists may soon find Thailand a more expensive destination than in the past two years with the country now planning to raise hotel rates to pre-pandemic levels to support a faster recovery of the industry. The Tourism and Sports Ministry plans to ask hotel operators to implement a dual-tariff structure under which foreign visitors […]
Read MoreThailand held its ranking as the 10th most transparent real estate market in Asia-Pacific and third in Southeast Asia, according to the Global Real Estate Transparency Index from JLL and LaSalle Investment Management. The country’s transparency score improved slightly from 2.64 in 2020 to 2.63 in 2022. Scores range from 1 for high transparency to […]
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