The Commerce Ministry has set a goal to raise Thailand’s international trade value to Asia’s top five by 2027, up from eighth in 2019, by focusing on value-added industries such as digital, food and healthcare. To achieve the goal, Thailand would need to fetch at least $12 billion in export value a year or $1 […]
Read MoreThailand’s largest agro-industrial company, Kaset Thai International Sugar Corp Pcl (KTIS Group), is interested in investing in a whisky distillery in Cambodia, according to Cambodian Ambassador to Thailand Ouk Sorphorn. The company expressed its interest during a visit by Sorphorn last week. He was visiting to learn about KTIS Group’s production line of sugar and […]
Read MoreRetailers more than ever are leaning on cloud computing to capitalize on a surge in online shopping without overloading their information-technology systems. Sparked by the coronavirus pandemic, the upswing in e-commerce is a boon to most cloud vendors, but especially Google’s cloud-services unit. Google Cloud, a division of Alphabet Inc., trails far behind front-runners Amazon.com […]
Read MoreThe cabinet yesterday approved additional stimulus measures to spur domestic tourism and help offset losses from the absence of foreign tourists during the coronavirus crisis. With the new measures, the 40% hotel subsidy to a maximum of 3,000 baht a night — currently capped at five nights under the We Travel Together scheme — will […]
Read MoreThailand has announced plans to reopen Phuket to tourists willing to stay for 30 days, with the first 14 days spent in quarantine. Governor of the Tourism Authority of Thailand, Yuthasak Supasorn, stated in an interview with Reuters that tourists will have to stay for at least 30 days, with the first 14 days in quarantine in […]
Read MoreTourist arrivals and spending saw a year-on-year slide of about 70% in the first seven months, data showed on Monday, as a fourth month of border closures aimed at keeping out Covid-19 took a bite out of its struggling economy. In the January-July period, foreign tourist numbers were 6.69 million, down 71% year on year, […]
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