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Thailand: Uncertainty for the elderly

Thailand’s elderly population is growing rapidly. The country is already considered an “ageing” society, meaning 10% of the population is aged 60 and over, and has been since 2005. It is transitioning to an “aged” society, with those aged 60 and over set to account for 20% of the population this year. Thailand’s trajectory sees […]

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Thailand: The local touch

The pandemic hit the tourism industry the hardest, which is expected to take several years to fully recover. Yet some folks are looking at this period as an opportunity to accelerate the move towards sustainability. The recent “Top Countries for Sustainable Tourism” report from market researcher Euromonitor International found 66.4% of consumers globally want to […]

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Thailand: Ban to dampen Songkran income

While tourism operators hope the Songkran festival will boost domestic travel, the business community on Khao San Road expects to lose money after health authorities banned a variety of the celebration’s customary activities. The government has designated April 12 as a special holiday, making the Songkran festival an extended long holiday from April 10 to […]

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Thailand: Tourism help sought ahead of Songkran

Tourism operators expect dull sentiment for the Songkran festival next month and are urging the government to offer more tourism stimulus plans in addition to a continuation of the existing subsidy programme. Thanapol Cheewarattanaporn, president of the Association of Domestic Travel (ADT), said most people are planning visits to meet up with family members during […]

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Thailand: BoT paves path for legal stablecoin

The Bank of Thailand is open to legal digital currencies and plans to issue a consultation paper on stablecoins within the first half of this year. Siritida Panomwon Na Ayudhya, assistant governor of payment systems policy and financial technology at the central bank, said the bank has only approved baht-backed stablecoin businesses, meaning those classified […]

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Thailand: Quarantine to be eased from April 1

The Centre for Covid-19 Situation Administration on Friday resolved to gradually relax Covid-19 controls for foreign arrivals beginning on April 1, shortening or lifting quarantine periods and increasing the range of activities allowed them. CCSA spokesman Taweesilp Visanuyothin said that from April 1 visitors would not be required to show a fit-to-fly document. From April […]

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