The Association of Domestic Travel (ADT) urges the government to ease some rules in the new “Tour Teaw Thai” tour package subsidy to attract more operators and boost domestic trips. Tour operators have voiced concerns over complicated procedures to enrol in the package and provide services, leading to hesitation about participation, said ADT president Thanapol […]
Read MoreEconomic inequality is expected to widen after the outbreak is controlled because lower-income earners will likely continue to suffer from the impact of the pandemic during an uneven recovery, says Bank of Thailand governor Sethaput Suthiwartnarueput. Thailand grappled with economic inequality and social injustice before the pandemic, which only aggravated such problems, he said. Fragile […]
Read MoreThe government is more upbeat about the country’s cross-border trade prospects this year after overall cross-border trade, including transit trade, recorded healthy growth of 31.2% in the first eight months. According to Commerce Minister Jurin Laksanawisit, overall cross-border trade including transit trade tallied 1.11 trillion baht from January to August. Transit trade involves the passage […]
Read MoreThe baht opened at 33.65 to the US dollar on Friday, strengthening from Thursday’s closing rate of 33.82. The Thai currency is likely to move between 33.60 and 33.80 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht might strengthen on Thursday after the Bank of Thailand signalled the […]
Read MoreHeadline inflation in August contracted 0.02% year-on-year, the first drop in five months, after the decline of fresh food prices and the government’s launch of stimulus measures to ease the cost of living during the pandemic, says Wuttipong Jittungsakul, deputy spokesperson of the Fiscal Policy Office. He said some economic indicators in August showed signs […]
Read MoreThe cabinet has given approval for land expropriation in five districts in northern Bangkok to make way for the construction of a new six-lane bridge crossing the Chao Phraya River. The cabinet agreed to expropriate land in Bang O area of Bang Phlat district, along Nakhon Chai Si Road in Dusit district and the Bang […]
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Thailand
