Thailand is expected to see 5.5 million tourists this year despite the Centre for Covid-19 Situation Administration scrapping the Test & Go scheme from May, Krungsri Research said on Wednesday. It said the Russia-Ukraine war will affect tourists’ plans to visit Thailand, especially tourists from Russia and other European countries. The energy crisis due to […]
Read MoreThe Fiscal Policy Office (FPO) has downgraded its 2022 economic growth forecast to an average of 3.5% from 4.0%, mainly because of the Russia-Ukraine war and its effect on domestic energy prices, says FPO director Pornchai Thiraveja. He said the FPO expects economic growth to be in a range of 3-4%, compared with a previous […]
Read MoreBilateral trade between Cambodia and Thailand reached $1.174 billion in the first three months of this year, up by 16 per cent from January-March 2021, according to Customs. In January-March 2022, Cambodian exports to Thailand amounted to $318.116 million, up by 28 per cent year-on-year, while imports clocked in at $856.647 million, up by 12 […]
Read MoreThe cancellation of Thailand Pass registration is expected to take place on June 1, with tourists using their TM6 immigration form for vaccine declaration, says the Tourism and Sports Ministry. After the Test and Go scheme is scrapped from May 1, the removal of Thailand Pass will create a more seamless travel experience and stimulate […]
Read MoreThe baht opened at 34.38 to the US dollar on Thursday, after surging to close at 34.31 on Wednesday. The currency is expected to move between 34.30 and 34.45 on Tuesday, Krungthai Bank market strategist Poon Panichpibool predicted. He said the risk-averse market coupled with the Covid-19 situation in China could add more downward pressure […]
Read MoreMore than 1,000 new factories, mostly in the food industry, have been established over the past six months with investment worth 56.3 billion baht, a sign the domestic economy is slowly recovering, says the Department of Industrial Works. The number of business closures stood at 361 during the first half of fiscal 2022, down 8.38%, […]
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