News
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, ...
AstraZeneca’s COVID-19 vaccines made by Siam Bioscience pass quality testing in Europe and U.S.
AstraZeneca announced today that the samples from test batches of the COVID-19 vaccine made by Siam Bioscience had passed quality testing at AstraZeneca’s designated laboratories in Europe and in the U.S.Mr. James Teague, Country President, AstraZeneca (Thailand) Ltd., said: “We have seen significant and promising ...
NNT Reporter
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
Online seminar aims to put more SME products on big retailers’ shelves [Video]
A new campaign has been launched to help SMEs weather the COVID-19 crisis, with an online seminar recently being held to give entrepreneurs insight into modern trade markets to encourage more SMEs to sell their products at shopping malls and supermarkets, where they can reach ...
50 more days granted for consideration of CPTPP [Video]
Following the hashtag #NOCPTPP trending due to resistance directed at Thailand’s participation in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the Ministry of Foreign Affairs explained that the Cabinet only agreed to grant the Prime Minister another 50 days to consider the issue to ...
Consumer confidence index at its lowest point since the 1997/98 economic crisis
Thailand’s Consumer Confidence Index plunged to 46 points in April from 48.5 points in March, the University of Thai Chamber of Commerce (UTCC) said in a press release on Thursday.The UTCC, which compiles the monthly reports, said that the index was its lowest since October ...
Thais saw 76% cut in working time in 2nd half of 2020: Gallup report
Employers in Thailand cut around 76 per cent of their employees’ working time during the second half of 2020 in order to save costs, a report by American analytics and advisory company Gallup said.The report, published on Monday, collected data from 117 countries.It pointed out ...
The Nation Reporter
Bank of Thailand leaves rate at record low, warns of Covid risk
The central bank left its key interest rate unchanged at a record low of 0.50% on Wednesday, as expected, preserving its limited ammunition as the economy struggles with a third wave of coronavirus infections.The latest outbreak has slowed domestic activity for the tourism-reliant economy at ...