Finance Minister Arkhom Termpittayapaisith is confident of the kingdom’s economic outlook, saying it will achieve 4% growth this year as forecast by several domestic and foreign agencies. Speaking during a recent special lecture to senior public officials, Mr Arkhom said the World Bank, International Monetary Fund, Thailand Development Research Institute, the Bank of Thailand and […]
Read MoreConsumers in Thailand with PayPal accounts will not be able to use the service after March 7, the online payment company has announced. As well, the accounts of freelancers, small-scale entrepreneurs and casual online sellers will have “limited functionality”, the company said. This has implications for thousands of people who have taken up online selling […]
Read MoreThe Commerce Ministry expects headline inflation in February to increase slightly after a larger than expected surge in January. Ronnarong Phoolpipat, director-general of the Trade Policy and Strategy Office, said the February headline inflation rate is expected to move in line with the economy, especially in terms of retail gasoline prices, which have gained steadily […]
Read MoreThailand should look to the example of the more liberal reopening policies of Europe and travel hot spots such as the Maldives to revive its tourism industry, says Bill Heinecke, the founder and chairman of Minor International Plc. Current entry requirements for vaccinated foreign travellers are too “cumbersome”, the Bangkok-based billionaire said in an interview […]
Read MoreThe prices of pork, chicken and eggs are poised to drop after the end of Chinese New Year festivities, according to the Internal Trade Department. Speaking after an on-site inspection of prices at the World Market at Thawi Watthana on Thursday, Wattanasak Sur-iam, director-general of the department, said overall prices, especially for pork, chicken and […]
Read MoreThailand wants to continue travel bubble initiatives, particularly with nearby countries that generate enormous cross-border traffic, such as Laos, Cambodia and Malaysia, said Tourism and Sports Minister Phiphat Ratchakitprakarn. To this end, flights from Bangkok to Cambodia now includes Bangkok Airways which flies two times a day between Bangkok and Phnom Penh, Thai Smile and […]
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