Operators oppose the idea of monopolising the foreign tourism market through the Thailand Longstay Company’s management, saying the private sector is better able to handle this market. Thailand is considering reopening the border for retired tourists in the fourth quarter this year in a designated area in the southern part of the country, said Udom […]
Read MoreThe finance minister’s resignation will not affect investor confidence much as external factors outweigh domestic politics, says the Stock Exchange of Thailand (SET). Foreign investors are less interested in domestic politics than business strategies in dealing with the Covid-19 crisis and how a change in business models will fit with new norms for the economy, […]
Read MoreThe country cannot lock itself down to avoid foreign tourists and investors just to keep local transmissions at zero, says Deputy Prime Minister Anutin Charnvirakul. “We will either die of the disease or of hunger, so we have to face the challenge,” said Mr Anutin, who is also the public health minister. The country has […]
Read MoreExporters are being urged to make the best use of existing free trade agreements (FTAs) to boost shipments of medical supplies, particularly for syringes and medical needles, as the pandemic has driven import demand for such products. Auramon Supthaweethum, director-general of the Trade Negotiations Department, said the outbreak has resulted in rising demand for medical […]
Read MoreVisa, a world leader in digital payments, said on Wednesday (September 2) that nearly nine in 10 Thai consumers are interested in transacting through digital platforms. The Visa Consumer Payment Attitudes Study tracked payment habits, attitudes and explored emerging topics related to payments across Southeast Asia including Thailand. The study also found that four out […]
Read MoreThe Bank of Thailand is allowing unsecured loan borrowers to use collateral stemming from mortgage loans for debt restructuring through debt consolidation, with lower interest rates charged. The central bank has introduced an optional debt relief measure for consumer finance products as a debt consolidation method. Borrowers who have good debt-servicing ability for housing loans […]
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Thailand
