The latest wave of Covid-19 reported in Thailand since late March would affect people’s travel plans during Songkran Festival and cost the tourism industry around Bt10 billion in revenue in the second quarter of 2021, Kasikorn Research Centre (K-Research) said on Tuesday. “During the third wave, there are a higher number of cluster cases found […]
Read MoreState-owned Government Savings Bank (GSB) is poised to ramp up its full-fledged mobile banking development plans to accommodate its ambitious role as a social banking provider. President and chief executive Vitai Ratanakorn said the ultimate goal as a social bank is to narrow social disparity and reduce poverty in the country through lending and other […]
Read MoreThe government could revamp immigration rules this year to make it easier for expats and long-term tourists to stay in the country, part of a strategy to boost investment and tourism revenue once the pandemic eases. The proposed changes could mean foreigners would no longer have to file 90-day reports of their whereabouts — a […]
Read MoreImproving economic sentiment drove new business registrations in February to 7,265, up 13% from the same period last year, with rice farming among the top three for the first time. Thosapone Dansuputra, director-general of the Business Development Department, attributed the increase to Covid-19 vaccinations, state assistance for small and medium-sized enterprises and a plan to […]
Read MoreThe new Covid-19 outbreak is expected to cut tourism receipts by half during the Songkran festival after many provinces have voluntarily imposed a 14-day quarantine, while dozens of events have been cancelled or postponed, says the Tourism Authority of Thailand (TAT). TAT governor Yuthasak Supasorn said a large number of infections originating from the Thong […]
Read MoreThe Bank of Thailand pledges to keep a close watch on the fresh wave of Covid-19 infections and, in particular, the government’s measures in containing the infections as well as people’s consumption behaviour. Mathee Supapongse, the central bank’s deputy governor for monetary stability, said at an analyst meeting on Friday that it remains too early […]
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