The consumer price index (CPI), a gauge of headline inflation, fell 1.17% year-on-year in February, marking the 12th straight monthly decline since March 2020. According to Phusit Ratanakul Sereroengrit, director-general of the Trade Policy and Strategy Office, the decline was largely because of the government measures to reduce the cost of living via electricity and […]
Read MoreThe government has pledged to revitalise tourism, stimulate domestic spending, and spur exports and investment to help economic growth reach its 4% target this year. Deputy Prime Minister Supattanapong Punmeechaow said the government still maintains an economic growth target of 4% this year although various economic forecasting agencies have downgraded their outlook to only 2.7-3% […]
Read MoreThailand may lose its reputation as a regional aviation hub if the government cannot speed up reopening the country to tourism and strengthen the competitiveness of airlines, according to Thai AirAsia (TAA). “After facing the pandemic for a year, the key factors that can strengthen Thai tourism are reopening borders and financial aid such as […]
Read MoreThe tourism minister said on Thursday he will propose a plan for foreigners to undertake COVID-19 quarantine in popular tourist areas, including beach resorts, in a bid to help revive the country’s struggling tourism sector. The economy suffered its biggest contraction in over two decades last year as tourism slumped due to the coronavirus pandemic. […]
Read MoreThailand is eyeing plans for vaccine passports and quarantine waivers as the global Covid-19 inoculation drive gathers pace. Prime Minister Prayut Chan-o-cha this week ordered officials to look into vaccine certificates for international travel after signaling the country is open to scrapping the two-week quarantine for inoculated visitors. The local tourism industry wants mandatory quarantines to […]
Read MoreTwo Bangkok-based business councils have demonstrated their commitment to join forces and ensure frictionless cross-border trade between Cambodia and Thailand amid tightened border controls imposed in the harsh times of the Covid-19 pandemic. On behalf of the Cambodia Business Council (CBC) which is slated to be launched by the Cambodian embassy in Bangkok in the […]
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