Some 50% of Thais agree with a plan to reopen the country for specific groups of tourists, says the Tourism Council of Thailand (TCT), while domestic tour operators are proposing inclusive measures to the government. The TCT survey polled 1,362 Thais during Aug 15-30, including residents in Phuket, Chiang Mai, Koh Samui, Krabi and Pattaya. […]
Read MoreThe Centre for Economic Situation Administration (CESA) is holding discussions on further opening the country to foreign business people, while the Finance Ministry is planning new measures to stimulate the domestic economy. Government Spokesman Anucha Burapachaisri said that the CESA would discuss on Wednesday the details of rules and regulations for more entrepreneurs and foreign […]
Read MoreThai exporters are upbeat about business prospects, citing gradual increase in demand, but they are worried about the baht strengthening as well as the shortage of migrant workers. The Thai National Shippers’ Council (TNSC) has revised upward its export projection this year to 8 per cent contraction from 10 per cent contraction previously forecast, says […]
Read MoreThe central bank will introduce new rules on the rate of penalty imposed on loan defaulters in a bid to ease borrowers’ burdens and motivate them to repay their debts, a Bank of Thailand (BOT) executive said on Tuesday. Thanyanit Niyomkarn, assistant BOT governor, said the central bank will let financial institutions charge no more […]
Read MoreThe consumer price index (CPI), a gauge of headline inflation, fell for the seventh straight month in September, primarily driven by a decrease in energy prices, especially retail gasoline and electricity bills. Pimchanok Vonkorpon, director-general of the Trade Policy and Strategy Office, said key contributing factors to the September figure included a price fall in […]
Read MorePailin Chuchottaworn, head of a panel steering the economic recovery, on Monday urged the government to reopen the country in order to prevent it from collapsing. He said that despite the lockdown having been gradually eased six times, the country’s output would not improve unless the country reopens, albeit with precautionary measures. This year’s annual […]
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Thailand
