Cambodia and Thailand have pledged to facilitate the two nations’ bilateral trade at cross-border checkpoints in order to boost it towards its previously set target of $15 billion. The news was revealed at a meeting between Cambodia’s Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation Prak Sokhonn and Thai Deputy Prime Minister […]
Read MoreEconomic and tourism recovery driven by vaccinations will help revive the sluggish property market in tourism-reliant provinces which have been hit hard since the spread of Covid-19. Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC), said the property market of provincial economies that rely on tourism felt a severe impact from the […]
Read MoreThailand’s food exporters have found opportunities in the midst of the current crisis brought on by the COVID-19 pandemic. As consumers worldwide visit supermarkets and dine in restaurants less often, they are buying more processed and canned foods to cook at home as well as more ready-to-eat foods. Thailand recorded a healthy growth in the […]
Read MoreWhile the hospitality sector in Asia is struggling to survive the pandemic, hotels in Europe are already reporting signs of improvement. A rapid vaccination drive in several countries helped catalyse a tourism rebound as governments ease travel restrictions, making people more confident to hit the road again after living under a tight lockdown for over […]
Read MoreConsumer and business sentiment plunged to record lows in May as both sectors fretted over the serious impact of the third wave, increased political instability and a delay in the government’s vaccine distribution plan. The University of the Thai Chamber of Commerce (UTCC) reported on Thursday the consumer confidence index fell to 44.7 in May […]
Read MoreThe Bank of Thailand has allowed banks to pay interim dividends as lenders are strong with sufficient capital to withstand the impact of Covid-19 outbreaks, Governor Sethaput Suthiwartnarueput said on Thursday. Banks are allowed to pay interim dividends not exceeding last year’s dividend payment rates and up to 50% of first-half net profits of 2021, […]
Read More
Thailand
