News

AoT reports 71% drop in traffic amid Covid

Airports of Thailand (AoT) is saying that it is ready to welcome international tourists under the Phuket sandbox tourism scheme, while revealing that air traffic at six of its airports dropped by 71% in the last fiscal year to the Covid-19 pandemic.These comprise Suvarnabhumi, Don ...

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

Thailand downgraded in US human trafficking report

The United States has downgraded Thailand’s attempts to tackle human trafficking, with the use of forced labour a major concern.The latest US Trafficking in Persons (TIP) Report demotes Thailand from Tier 2 to the Tier 2 Watchlist for the first time in four years.The report ...

Bangkok Post Reporter

Only SMEs with “chance to survive” will qualify for loan rehabilitation scheme

Only Small and Medium Enterprises (SMEs) with a chance to survive will qualify for the loan rehabilitation scheme to cope with the economic impact from the Covid-19 crisis, said the Bank of Thailand governor on Friday.“Not all enterprises that receive credit will survive. We must ...

Thailand’s Digital Transformation Boosts Data Industry

Enhancing the competitiveness of the local business environment and enabling a transparent government to provide its citizens with equitable access to public services and their data by utilising digital technology are central to Thailand’s national development plan, “Thailand 4.0”.The advancements made by Thailand in implementing ...

Bangkok Post Reporter

Bed shortage prompts new treatment strategyv

Covid-19 patients suffering only mild symptoms might have to self-care at home under a close monitoring system set up by medical staff, according to Deputy Public Health Minister Satit Pitutacha.The new approach in the fight against the disease comes as the country struggles to cope ...

Apinya Wipatayotin

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 ...

Bangkok avoids total lockdown

The government has decided to close off infectious and high-risk areas including construction worker camps in the Greater Bangkok area and four southern border provinces for 30 days starting on Monday.It rejected the idea of a total lockdown in Bangkok out of concern for the ...

Bangkok Post Reporter

Bridge link to spur economy

The Thai economy will be powered by a southern land bridge megaproject, which will connect the Gulf of Thailand with the Andaman Sea, as part of the state’s ambitious plan to make Thailand a logistics hub in Asean, says Transport Minister Saksayam Chidchob.The minister highlighted ...

Bangkok Post Reporter

BoT revises growth forecast to 1.8%

The Bank of Thailand (BoT) has slashed the country’s economic growth forecast again for this year to 1.8% from an earlier projection of 3%, due to lower foreign tourist arrival estimates and lower domestic demand due to the third wave of Covid-19.Under the downside risk ...

Bangkok Post Reporter

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