Economy and industry
Forecasters: Economy probably shrank in Q1
Thailand’s economy probably shrank again in the first quarter of this year, a Reuters poll showed on Friday, as coronavirus outbreaks hurt consumption and tourism, slowing the pace of the economic recovery.Southeast Asia’s second-largest economy, which is heavily reliant on tourism, is believed to have ...
Transport Ministry to spend THB7.2bn on EEC road network
The Transport Ministry will spend over THB7.2 billion on building a new road network in the Eastern Economic Corridor (EEC) next year.About THB211.61 has been allocated to the Transport Ministry in the draft budget for fiscal year 2022, said Transport Minister Saksayam Chidchob. The draft ...
The Nation Reporter
TAT slashes goal for local tourism
The Tourism Authority of Thailand (TAT) has downgraded its outlook for domestic trips and tourism receipts this year because of the economic downturn, with the third wave undermining domestic tourism.TAT governor Yuthasak Supasorn said the country needs to maintain the momentum of the 90.5 million ...
Bangkok Post Reporter
Free internet for low-income Thai households in pipeline
Digital Economy and Society (DES) Minister Chaiwut Thanakhamanusorn has revealed progress on moves to widen internet access for Thais on low income.Options discussed at a ministry meeting on Thursday included giving free internet access to poor households, Chaiwut said.The ministry is waiting for approval to ...
The Nation Reporter
Up to 80% of SMEs hit by lack of liquidity, 100,000 may close for good if Covid crisis persists
About 70 to 80 per cent of small to medium-sized enterprises (SMEs) are suffering from a lack of liquidity since the third Covid-19 wave hit Thailand in late March and 100,000 could close for good, warned Saengchai Theerakulwanich, president of the Federation of Thai SMEs, ...
The Nation Reporter
Thailand third time unlucky
The third wave of the pandemic has unnerved businesses who previously believed they would be able to recover this year after Covid-19 walloped their income in 2020.Complicated by a more contagious UK Covid-19 strain, the third wave has seen more than 1,000 infections a day ...
Bangkok Post Reporter
Industries sentiment hits 8 month low on virus return
Thailand’s industries sentiment in April hit its lowest in eight months in the wake of the country’s worst coronavirus outbreak, and the government should borrow 1 trillion baht more to support the economy, the Federation of Thai Industries (FTI) said on Monday.The FTI said its ...
Nearly half of Thai consumers plan to avoid using cash after pandemic ends: study
A study on consumer payment attitudes by Visa showed nearly half of all Thai consumers (45 per cent) were likely to avoid using cash after the Covid-19 pandemic ends.The study also delves into which activities Thai consumers are looking forward to spending on when recovery ...
The Nation Reporter
Thailand plans to waive quarantine for vaccinated visitors from October
Thailand is considering scrapping its mandatory quarantine for vaccinated visitors to its capital Bangkok and other top tourist destinations from October, as it looks to rebuild its coronavirus-battered tourism industry.Among the 10 provinces planned to welcome vaccinated tourists from October 1 are Pattaya, Phang Nga, ...
Government Plans New Measure for Vaccinated Travellers
Thailand plans to waive mandatory quarantine for vaccinated visitors to Bangkok and top tourist destinations from October, to revive a key industry battered by COVID-19 travel curbs.Deputy government spokeswoman Traisulee Traisoranakul said the new measure means easier access to favorite locations in 10 provinces, like ...
NNT Reporter
