The Tourism Authority of Thailand (TAT) expects a weak New Year period with just 8.04 billion baht in tourism revenue, due to concerns over the Covid-19 Omicron variant. “Concerns over a possible outbreak of the new Omicron variant have affected local tourists’ plans for the New Year holiday, but younger generations continue to travel as […]
Read MoreThe Commerce Ministry has set the export growth target at only 3-4% for next year, slightly lower than projections by private organisations, citing a spate of persistent risk factors such as prolonged Covid-19 outbreaks, stiffer measures for public health and the environment and a shortage of labour and semiconductors. Commerce Minister Jurin Laksanawisit said the […]
Read MoreThe number of international tourists next year might be lower than the Finance Ministry’s forecast because of the impact of the Omicron coronavirus variant, said Finance Minister Arkhom Termpittayapaisith. The ministry projects seven million foreign tourist arrivals next year, up from the forecast of 200,000 for this year. There were around 40 million tourist arrivals […]
Read MoreEmerging-market assets are set to rise in 2022 as moderating inflation and accelerating growth trigger gains, but that won’t happen until the second half of the year. That’s the consensus among investors like Goldman Sachs Group Inc, Morgan Stanley and JPMorgan Chase & Co who spoke with Bloomberg on the outlook for developing-nation stocks, bonds […]
Read MoreThe Tourism Authority of Thailand (TAT) expects a weak New Year period with just 8.04 billion baht in tourism revenue, due to concerns over the Covid-19 Omicron variant. “Concerns over a possible outbreak of the new Omicron variant have affected local tourists’ plans for the New Year holiday, but younger generations continue to travel as […]
Read MoreThe planned taxation on share sales may cost the Stock Exchange of Thailand (SET) the title of the most liquid stock market in Asean next year as it will greatly decrease the market’s competitiveness, said Paiboon Nalinthrangkurn, chairman of the Federation of Thai Capital Market Organizations (Fetco). The tax will raise both transaction costs for […]
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