The Nation
BOT maintains 2021 economic forecast, expects only 200,000 visitors this year
The Bank of Thailand (BOT) announced on Wednesday that it had maintained its estimation of gross domestic product (GDP) in 2021 at 0.7 per cent expansion, but increased its forecast of 2022 GDP to 3.9 per cent from its August estimation of 3.7 per cent.“The ...
The Nation Reporter
Confidence index in Thai tourism sector drops to lowest point in Q3
The confidence index of tourism businesses hit the lowest point in the third quarter of this year, with more than 3 million people in the industry reportedly unemployed, the Tourism Council of Thailand (TCT) said.Astudy conducted by the TCT, the Tourism Authority of Thailand (TAT) ...
The Nation Reporter
Cabinet approves immediate registration of illegal migrant workers to combat outbreaks
The Cabinet on Tuesday approved immediate registration of undocumented migrant workers in a bid to curb further outbreaks of Covid-19.The move means foreign workers who do not have work permits can be registered quickly so they are covered by disease controls.Labour Minister Suchart Chomklin explained ...
The Nation Reporter
Thailand agrees to open new border point with Cambodia
Thailand has agreed to open a new border crossing with Cambodia to boost trade, Commerce Minister Jurin Laksanawisit said on Wednesday.The crossing at the newly constructed Nong Ian-Stung Bot-Ban Friendship Bridge in Sa Kaeo province will be opened early as Thailand has yet to complete ...
The Nation Reporter
Why Thailand’s tourism sandbox programmes failed
Nearly three months ago, Thailand launched its pilot programme to reopen selected destinations to vaccinated foreign tourists without quarantine.The trial reopening began in Phuket on July 1, followed by three resort islands of Surat Thani on July 15.Under the “Phuket Sandbox” programme, foreigners who can ...
The Nation Reporter
Cabinet approves THB1.3 trillion borrowing next year
The Cabinet on Tuesday approved fresh borrowing of 1.344 trillion baht for the new fiscal year, which starts next month.The new borrowing comes under the Cabinet-approved debt management plan. The plan includes 1.5 trillion baht already borrowed by the government plus a 2022 repayment plan ...
The Nation Reporter
Ministry pushes for use of EVs in industrial sector to boost investment
In a bid to encourage investment in electric vehicles (EV), the Industry Ministry is joining hands with Siam Cement Group (SCG) to boost the use of EVs in the industrial sector.The ministry is also in the process of inviting other large companies like PTT and ...
The Nation Reporter
Thailand hikes public debt-GDP ceiling to 70% to fund recovery
The State Fiscal Policy Committee on Monday approved raising Thailand’s public debt ceiling from 60 per cent to 70 per cent of GDP.The new limit would be proposed at Tuesday’s Cabinet meeting for approval, said Finance Minister Arkhom Termpittayapaisith.The committee, which is chaired by Prime ...
The Nation Reporter
TAT told to propose plan on reopening five provinces to CCSA on Sept 23
The Tourism and Sports Ministry has told the Tourism Authority of Thailand (TAT) to propose the plan on reopening five provinces to the Centre for Covid-19 Situation Administration on September 23, Minister Phiphat Ratchakitprakarn said on Saturday.Under the plan, five provinces — Bangkok, Chonburi (Pattaya, ...
The Nation Reporter
Ministry aims to vaccinate 50 per cent of population by October
The Ministry of Public Health has set a target of a million Covid-19 vaccinations on September 24 and inoculation of 50 per cent of the population by October.Dr Opas Karnkawinpong, director-general of the Department of Disease Control (DDC), revealed data on vaccination against Covid-19 from ...
The Nation Reporter
