The consumer price index (CPI) declined for the eighth straight month in October, pulled down by raw food, especially meat and fresh vegetables, owing to increasing demand, both from domestic and foreign markets as well as unexpected flooding in many farm areas. In addition, energy prices improved significantly from the previous month, even as they […]
Read MoreThe Tourism and Sports Ministry is hoping for a travel bubble with China as a New Year’s present for the tourism industry, planning to welcome them as the first group without a mandatory quarantine during Chinese New Year. The ministry will hold a meeting with the Chinese embassy to discuss the travel plan, while the […]
Read MorePhuket has been hit hard by Covid-19’s impact on its tourism, but can still look at the economic challenge as a golden opportunity to develop its own basic infrastructure, says Deputy Prime Minister and Foreign Minister Don Pramudwinai. This would help the province pursue its goal of being a global centre for the hospitality business […]
Read MoreInvestor confidence in Thailand’s financial markets for the next three months dropped to a seven-month low, dented by growing political protests, a capital market association said on Thursday. A survey in October by the Federation of Thai Capital Market Organizations showed its confidence index fell to 61.27, the lowest level since a record low of […]
Read MoreThailand’s cross-border trade, including transit trade, fell by 4.88% year-on-year in the first nine months of 2020, spurred on by the pandemic and the slowing economy. The Commerce Ministry’s Foreign Trade Department reported on Wednesday that overall border and transit trade totalled 968.87 billion baht, with Malaysia registering as the biggest partner by value and […]
Read MoreThe Finance Ministry has submitted information to the Economic Crime Suppression Division (ECD) for an investigation into three stores that could be in breach of the government’s co-payment scheme conditions. The information is intended to be used as additional evidence for legal prosecution, said Pornchai Theeravet, deputy spokesman of the Finance Ministry and adviser on […]
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