Economy and industry
TAT looks to spur domestic travel
The Tourism Authority of Thailand (TAT) plans to launch domestic tourism packages to stimulate travel as the Covid-19 crisis subsides.TAT governor Yuthasak Supasorn said the cabinet has approved all three domestic tourism packages in principle.In the next step, the TAT will work out the implementation ...
Bangkok Post Reporter
CCSA to consider opening Thailand’s borders to limited entry by foreign visitors
Thailand’s Centre for COVID-19 Situation Administration (CCSA) is to consider opening the country’s borders to allow a limited number of foreigners to enter the country under the proposed travel bubble tourism program.CCSA spokesman Dr. Taweesin Visanuyothin said on Monday that the CCSA will divide foreign ...
Ministry to consider tax perks to stimulate retail spending
The Finance Ministry is ready to consider retail operators’ proposal for tax breaks on shopping to stimulate domestic spending, says Finance Minister Uttama Savanayana.The ministry has delegated related agencies, including the Fiscal Policy Office, the Revenue Department and the Excise Department, to examine the possibilities, ...
Bangkok Post Reporter
Covid-19 second wave leads to surge in demand for safe-haven assets
Investors are likely to shift from risk assets to safe-haven assets due to uncertainty following the second wave of Covid-19 pandemic, experts said.The baht this week moved between 30.94 and 31.24 against the dollar.The dollar strengthened due to uncertainty following rising Covid-19 cases in the ...
The Nation Reporter
FTI taking SME rehab plan to PM
The Federation of Thai Industries (FTI) will submit its economic rehabilitation plan to Prime Minister Prayut Chan-o-cha today, urging the government to speed up issuance of soft loans and technological help for farmers and small and medium-sized enterprises (SMEs).Speaking on Thursday, FTI chairman Supant Mongkolsuthree ...
Lamonphet Apisitniran
New relief package to sustain debtors
The Bank of Thailand is to unveil a relief package today to help debtors ravaged by the coronavirus pandemic, as the three-month blanket debt holiday is expiring at the end of this month.“The regulator considers the ceiling rate reduction for credit cards as reasonable because ...
Somruedi Banchongduang
Govt to give grants to boost R&D
The government will provide grants and tax exemptions to private companies in a bid to promote research and development (R&D), especially for projects that serve the public interest.The Office of National Higher Education Science Research and Innovation Policy Council (NXPO) unveiled the government’s plan to ...
Thana Boonlert
Cabinet approves economy boosting tourism packages [Video]
.The Cabinet has approved in principle three tourism campaigns, aimed to kick start the recovery of the tourism sector from July to October.Keep watching ...
Thailand fights to revive reputation as top tourist destination
A leading business hotel in Bangkok is sprucing up rooms, restaurants and hallways to meet new hygiene and safety standards as it prepares to welcome the first trickle of regular customers — foreign airline crews — in August.“This is now a priority, including deep cleaning ...
Business unusual
This moment is a uniquely testing time for us all. The speed at which Covid-19 has spread across the world and the severity of the disruption to the global economy have been unprecedented.With the pandemic affecting every element of business, from the robustness of supply ...
