Thai AirAsia’s executive chairman is proposing to the government a policy allowing one day working from home per week to avoid public congestion and boost the domestic tourism market to reach its target of 100 million trips this year. As more people get used to working from home, the government should consider allowing civil servants […]
Read MoreBangkok’s condominium market at the start of 2020 was entering a period of severe change, driven by a fall in buyer demand and by the large amount of unsold inventory that had become a risk for developers. Covid-19 has exacerbated these trends, placing developers under further strain as they struggle with these large unsold inventories […]
Read MoreThe Excise Department has turned down car makers’ proposed 50% tax cut, fearing prices of all vehicles in the market will decline further if the reduction is implemented, the department’s chief says. Lowering taxes to boost domestic car sales is inappropriate because there could be a knock-on effect on all cars, said Patchara Anuntasilpa, director-general […]
Read MoreCentral Pattana Plc (CPN), the operator of Central shopping complexes, and Siam Piwat Co, the operator of Siam Center, Siam Discovery and Siam Paragon, confirmed on Thursday they are ready to comply with requirements if the government lets more businesses reopen in the third stage of lockdown easing. Wallaya Chirathivat, CPN’s deputy chief executive, said […]
Read MoreTravel agents are urging the government to open the country to international tourists in July by first allowing coronavirus-free nations to visit without the compulsory 14-day quarantine, along with requiring a health certificate and providing a free rapid test on arrival. Vichit Prakobgosol, president of the Association of Thai Travel Agents (Atta), said that if […]
Read MoreThais are turning to banks as a safe haven, adding deposits at a record pace in the Covid-19 era. While that’s a vote of confidence, the lenders are likely to face a hard time putting all the funds to good use. Total deposits at all commercial banks surged by 833 billion baht in March, a […]
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Thailand
