Airports of Thailand (AoT) is saying that it is ready to welcome international tourists under the Phuket sandbox tourism scheme, while revealing that air traffic at six of its airports dropped by 71% in the last fiscal year to the Covid-19 pandemic. These comprise Suvarnabhumi, Don Mueang, Phuket, Chiang Mai, Mae Fah Luang–Chiang Rai, and […]
Read MoreThailand’s foreign direct investment (FDI) is expected to recover next year, especially for hotels, tourism and other sectors such as electronics and wafer fabrication for which the Board of Investment has offered attractive tax breaks. Speaking at an online seminar “Key Findings Of UNCTAD World Investment Report 2021: Post-Covid Challenges In Asia-Pacific”, Manu Sithiprasasana, executive […]
Read MoreThe first 14 days of the Phuket sandbox scheme will be a critical test run to pave the way to open other areas in southern Thailand, says the Tourism and Sports Ministry. Phiphat Ratchakitprakarn, the tourism and sports minister, said 500 tourists booked tickets to travel to the island on Thursday for the reopening, but a […]
Read MoreThe government has set a budget of 100 billion baht to pay the principal on debt for fiscal 2022. The amount, which accounts for 3.2% of the government’s expenditure for that fiscal year, reflects its strong ability to repay debt, said Public Debt Management Office director-general Patricia Mongkhonvanit. Most of this planned principal payment is […]
Read MoreOnline shopping in Thailand surged again in the first quarter this year with spending up by an estimated 45.05 per cent. Thais spent an estimated 75 billion baht per month online from January to March, up from 52 billion baht in November, according to the Department of International Trade Promotion (DITP)’s latest e-commerce survey. The […]
Read MoreThe baht opened at 32.09 to the US dollar on Friday, weakening from Thursday’s closing rate of 32.05. The Thai currency is likely to move between 32 and 32.15 during the day, Krungthai Bank market strategist Poon Panichpibool said. He predicted that the baht would tend to weaken, and would fluctuate in line with the […]
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