Tour packages to Thailand for Chinese visitors surged in price by 20% because of few tours and high demand, according to the Tourism Authority of Thailand (TAT). Chuwit Sirivejkul, TAT regional director for marketing in East Asia, said with pent-up demand from the Chinese market, most tourists will opt for independent travel as the Chinese government […]
Read MoreThe Commerce Ministry has extended price controls on five products comprising hygienic face masks, synthetic fibres for face mask production, alcohol gel, paper for recycling, and chicken for another year. A meeting of the Central Committee on the Prices of Goods and Services, chaired by Commerce Minister Jurin Laksanawisit, on Wednesday agreed to place a total of […]
Read MoreThe stronger baht is the result of foreign investors’ confidence in Thailand, says Finance Minister Arkhom Termpittayapaisith. He said the appreciation of the baht is in line with the inflow of capital to the equity and bond markets, coupled with the country’s healthy fiscal stability. Thailand also recorded a high level of foreign tourist arrivals, […]
Read MoreThailand’s public debt-to-GDP ratio rose to 61.4% in fiscal 2023, above an earlier estimate of 60.4%, after the inclusion of the Finance Ministry’s total guarantee for the Oil Fuel Fund’s borrowings — tallying 110 billion baht — in the country’s public debt management plan. Finance Minister Arkhom Termpittayapaisith said a meeting of the ministry’s public debt […]
Read MoreFormer magazine editor Kaysinee Sutthavarangkul never used to give much thought to making cashless payments, as it seemed unlikely to her that every transaction could be made online. But she has changed her buying behaviour since the pandemic. After seeing her 25-year-old daughter use mobile banking applications, the 61-year-old began making online payments. She has now […]
Read MoreThe Thailand Ministry of Public Health on January 9 said that the country has canceled the regulation requiring travelers to show certificates on Covid-19 vaccination when entering Thai territory. Reuters has quoted Minister of Public Health of Thailand’s Anutin Charnvirakul as saying that there is no need to present vaccination certificates and unvaccinated people can […]
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