The Tourism and Sports Ministry is considering offering free cross-provincial flights for foreign tourists after airline workers are approved for Covid-19 inoculation this week. “From July 1, inoculated tourists exempt from quarantine might be tempted to extend their stay here after spending 10 days in Phuket if we can provide them free or discounted air […]
Read MoreConsumer spending could jump 64% to 113 billion baht during the upcoming Songkran holiday after last year’s slump when tighter coronavirus curbs were in place, the commerce university said on Thursday. But excluding 2020, when the country imposed full outbreak restrictions, spending would be the lowest in nine years, Thanavath Phonvichai, president of the University […]
Read MoreThe economy gradually recovered in February, mainly supported by higher private consumption and a slower spread of Covid-19. The Bank of Thailand on Wednesday revealed private consumption shrank by 2.1% year-on-year in February, easing from a 4.5% contraction in the previous month. On a monthly basis, domestic consumption grew by 3.4% from January, improving from […]
Read MoreThe government is set to roll out the second phase of the One Million Houses low-cost housing scheme worth 30-50 billion baht with a fixed rate of 2% for 10 years to help low-income earners buy a home and stimulate the domestic property sector. Chatchai Sirilai, president of state-owned GH Bank, said the second phase […]
Read MoreHotel and airline operators have high hopes the upcoming Songkran celebration will revive sluggish tourism sentiment as the second wave of the pandemic wanes. Thirayuth Chirathivat, chief executive of Centara Hotels and Resorts, said forward booking for the Songkran week has been outstanding for the whole month, even though it pales in comparison to 2019 […]
Read MoreBANGKOK: A perfect storm is engulfing Thailand’s baht and the one group of people who can save it are stuck in lockdown, thousands of kilometers from the arrival lounges of Bangkok, Phuket and Chiang Mai. A current-account deficit, resurgent US dollar and the seasonal repatriation of dividends by Japanese investors have all helped made the […]
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