All bars, pubs karaoke houses and massage palours in 41 provinces have been ordered to shut their doors for two weeks from midnight Friday, as the latest coronavirus outbreak gains momentum nationwide. Taweesilp Visanuyothin, the Centre for Covid-19 Situation Administration spokesman, announced on Friday all entertainment places in the targeted provinces must close until April […]
Read MoreThe economy may expand less than forecast this year, a central bank official said on Friday, after a third wave of coronavirus infections and concerns about the presence of a highly contagious variant. The tourism-reliant economy suffered the deepest slump in over two decades last year, down 6.1%, due to the impact of the pandemic, […]
Read MoreFitch Ratings-Bangkok-08 April 2021: The Viability Ratings (VR) of Thailand’s five largest banks are driven by their domestic franchises, which support through-the-cycle earnings generation and the build-up of sound capital buffers, Fitch Ratings says in a peer review report. The five banks have strong and sustainable market shares, and a diverse presence across products and […]
Read MoreThe Foreign Ministry has added China’s Sinopharm jab to its list of vaccines whose recipients qualify for a reduced quarantine period of seven days in Thailand. The ministry has also updated the application process for certificates of entry (COE) to Thailand at the website coethailand.mfa.go.th. Thais and foreigners travelling to Thailand must apply for a […]
Read MoreConsumer spending is expected to decline by up to 50 billion baht a month as a result of the new outbreak of Covid-19 which also threatens to cause a further drop in the Consumer Confidence Index over the next three months, says the University of the Thai Chamber of Commerce (UTCC). The longer the government […]
Read MoreAirlines are urging the government to shut down domestic travel during the Songkran holiday period to prevent a third wave of Covid-19, or else Thailand’s tourism will risk losing more over the long run. With the fresh outbreak starting to spread from entertainment hubs in Bangkok to 20 provinces, the contagion must be nipped in […]
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