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Thailand: Spas, massage parlours banking on local demand

After the pandemic hammered spa and traditional massage parlours across the country during the two-month lockdown, operators are eager to serve the local market when allowed to resume services this month. As of May, there were 1,326 registered spa and massage businesses operating in Thailand, with 13 companies closed down, according to the Business Development […]

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Thailand: May prices down 3.4%, led by oil slump

The consumer price index, a gauge of headline inflation, fell 3.44% year-on-year in May, the biggest decline in nearly 11 years, led by lower prices for energy and fresh produce and the government’s efforts to reduce living costs. This was the third straight month of declines after prices fell 2.99% in April and 0.54% in […]

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Thailand: Exporters urged to use privileges

Exporters are being urged to make more use of free trade agreement (FTA) privileges and the Generalized System of Preferences (GSP) during the coronavirus crisis, especially in high-demand categories like food, drinks and processed farm products. Keerati Rushchano, director-general of the Foreign Trade Department, said that while use of FTA privileges and the GSP by […]

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Thailand: Stocks up, foreign inflows returning

Local stocks rallied on Thursday as ample global financial liquidity moved into equities to chase higher yields amid hopes of an economic recovery and further loosening of lockdown measures. The Stock Exchange of Thailand (SET) index rose by 36.83 points or 2.7% to close at 1,411.01 points in turnover worth 122.7 billion baht. Shares in […]

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Thailand: Tourism, FDI to revive EEC property view

The Eastern Economic Corridor (EEC), the government’s flagship infrastructure project, and a tourism recovery following the pandemic will be the key factors for the property market in the three eastern provinces, according to developers. Meesak Chunharuckchot, president of the Chonburi Real Estate Association, said many foreign investors, particularly from China and Japan, were interested in […]

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Thailand: TCEB urges loosening of restrictions on big gatherings

The Thailand Convention and Exhibition Bureau (TCEB) is asking the Centre for Covid-19 Situation Administration (CCSA) to ease restrictions on meetings and exhibitions to reignite the economy, as the bureau plans to hold job fairs across the nation to reduce unemployment. Under the third phase of coronavirus lockdown easing, meeting rooms, hotels and conference centres […]

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