The government has pledged to offer special incentives for investments in the six new promotion zones in eastern Thailand, including EEC genomic medicine (EECg), EEC medical hub (EECmd) and EEC innovation platform (EECi). According to Kanit Sangsubhan, secretary-general of the Eastern Economic Corridor (EEC) Office, special incentives will be offered to potential investors on a […]
Read MoreTourism operators anticipate lukewarm travel sentiment as concerns over Covid-19 and weak purchasing power remain key obstacles for domestic trips despite the subsidy generating an additional 2-million room nights. “Domestic tourism reached its peak last November, thanks to low infection rate and improving travel mood driven by many marketing campaigns and government stimulus schemes, but […]
Read MoreThailand’s automobile market this year is not expected to meet its sales target of 800,000 units, since only 520,000 vehicles have been sold over the past nine months. The sale season at the end of this year is not looking very bright as people’s purchasing power has shrunk, coupled with flooding and tougher financing regulations. […]
Read MoreThailand could achieve 1.3% economic growth this year, as forecast by the Fiscal Policy Office (FPO), said Pisit Puapan, director of the Bureau of Macroeconomic Policy. Factors to watch in the final quarter this year include the performance of the export sector, domestic spending, and the results of the government’s stimulus packages. If all these […]
Read MoreVeng Sakhon, Minister of Agriculture, Forestry and Fisheries, said that the National Phytosanitary Database of the General Department of Agriculture of the Ministry of Agriculture, Forestry and Fisheries showed the results of agricultural exports to 90 countries in the first nine months of 2021 with a volume of 5.93 million tons. Among the 90 countries, […]
Read MoreBefore the pandemic, Bangkok was undoubtedly a top global tourist destination, with an inexpensive cost of living and plenty of accommodation on offer. The capital welcomed 66.9 million visitors in 2019, including 24.8 million foreigners, drawing in 1 trillion baht from them that year. From 2020 to 2021, arrivals in the capital slumped because of […]
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