Industries

Phuket Sandbox, key to economic progress [Video]

The Deputy Governor of Phuket province has confirmed that the Phuket Sandbox project has proceeded as planned after 14 days of allowing visitors to enter without having to quarantine, despite turnout not being as high as expected, with just over 4,500 people arriving so far, ...

Ministry eyes soft loans for operators

The Tourism and Sports Ministry plans to ask the Finance Ministry for 10 billion baht in soft loans to help operators prepare their businesses for the mid-October reopening deadline.Phiphat Ratchakitprakarn, the tourism and sports minister, said if the Phuket sandbox operates smoothly, his ministry will ...

Bangkok Post Reporter

FDI to start recovering next year in hotel, tourism sectors

Thailand’s foreign direct investment (FDI) is expected to recover next year, especially for hotels, tourism and other sectors such as electronics and wafer fabrication for which the Board of Investment has offered attractive tax breaks.Speaking at an online seminar “Key Findings Of UNCTAD World Investment ...

Bangkok Post Reporter

TAT launches Hug Thais project to revitalise battered tourism industry

The Tourism Authority of Thailand (TAT) has partnered with the Thai Chamber of Commerce (TCC) to launch the Hug Thais project aimed at stimulating Thai and foreign tourists’ spending to revive the economy.Phiphat Ratchakitprakarn, minister of tourism and sports, said, “The Hug Thais project is ...

What may delay or even cancel Phuket sandbox plans

Thailand’s tourism sandbox scheme kicks off on July 1 with Phuket opening its doors first before the scheme expands to Surat Thani’s three islands on July 15.Some factors, however, may prompt the Centre for Covid-19 Situation Administration (CCSA) to put the brakes on the programme ...

The Nation Reporter

Thailand greenlights quarantine-free travel model for Phuket

Thai authorities on Tuesday (Jun 22) greenlighted a pilot model for quarantine-free travel to ultra-popular beach destination Phuket, a first step towards the tourist-hungry kingdom’s goal of resuscitating its pandemic-battered economy.Thailand has imposed strict restrictions on visitor arrivals in order to stem COVID-19 infections, but ...

TAT signs pact to make Thai tourism sector more environmentally friendly

In a bid to prepare for the world opening up after Covid-19 has been defeated, the Tourism Authority of Thailand (TAT) has signed a memorandum of understanding (MoU) with two agencies to promote low-carbon tourism and build awareness on climate change.TAT signed the MoU with ...

The Nation Reporter

Govt targets 3m foreign tourists this year

Thailand is targeting three million foreign tourists this year, tied to a phased reopening to vaccinated visitors later this year, the state tourism agency said on Wednesday.The target is lower than the four million tourists projected by the Tourism Authority of Thailand (TAT) in April, ...

Thai industries sentiment hits 11-month low in May

Thailand’s industries sentiment dropped for a second straight month in May, hitting an 11-month low, due to a third wave of coronavirus infections and a slow vaccine rollout, an industries group said on Tuesday.The Federation of Thai Industries (FTI) said its Thai industries sentiment index ...

Oil giant PTT invests in plant protein to power growth

State-controlled PTT Plc, the country’s largest company by market value, has invested in a venture to make plant-based protein, including so-called faux meat, as part of its objective to become less dependent on fossil-fuel businesses.The oil-and-gas giant formed a 300 million baht partnership with NR ...

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