Track Thailand's economy in English — business, trade, finance and market news, covered by Thai PBS World, Thailand's public broadcasting service.
The Civil Aviation Authority of Thailand (CAAT) has further eased domestic air travel service restrictions, by doing away with the on-board social distancing requirement. CCAT Director Mr. Chula Sookmanop said today that, from now on, airlines can sell all the seats on each flight, without the need to leave some vacant for social distancing. The
Thailand’s Cabinet has rolled out four new schemes to help people affected by business closures caused by COVID-19 and who missed out on previous aid packages. The new measures will also cover fragile groups, including poor children under the age of 6, disabled people and those over 60. Deputy government spokesperson, Ms. Ratchada Thanadirek, said
Thailand’s Cabinet today approved three packages intended to reboot Thailand’s declining tourism industry, hit hard by the COVID-19 pandemic. Tourist arrivals and revenues for the first quarter of this year fell by over 50% compared to the same period last year. Deputy Prime Minister and Public Health Minister Anutin Charnvirakul said, after the Cabinet meeting
The Civil Aviation Authority of Thailand (CAAT) will hold a meeting with international airlines on Tuesday to discuss preparations for the partial resumption of international services. Currently, both out-bound and in-bound international flights are suspended, to prevent the spread of COVID-19 CAAT Director, Mr. Chula Sookmanop, said today that the meeting is also intended to
German airline Lufthansa said Thursday that it would have to slash 22,000 full-time jobs as the recovery in demand for travel following the coronavirus pandemic will be muted. “The recovery in demand in the air transport sector will be slow in the foreseeable future,” the airline said. It said the group would operate about 100
The management of Bangkok’s luxury shopping mall, Siam Paragon, has ordered the closure of Paragon Cineplex for three days, after Major Group, the operator of the cinemas, held a social event there, which attracted a large crowd of teenagers. The event, which was streamed live, featuring two popular teen stars of Series Y, Anan Wong
Collapsing revenues, rising layoffs: the coronavirus crisis is battering media outlets across Africa that were already struggling for cash and often facing pressure from hostile authorities. The news of cutbacks was sudden and painful for journalists at two of Nigeria’s most popular independent newspapers when bosses from The Punch and Vanguard made their announcements last
Chinese short video app makers have taken their rivalry overseas, with TikTok facing stiff competition from a newcomer that has surged in popularity abroad — by paying users to keep scrolling. Zynn, a product of China’s number-two video app maker Kuaishou, launched in May and became the most popular free app in the US Apple
Former international crime prosecutor, Mr. Wanchai Roujanavong, has likened the proposed rehabilitation of Thai Airways International to the opening of a Pandora’s Box, which will expose extensive corruption in the ailing national flag carrier which has hitherto been hidden from the public. Writing in his Facebook post today, Mr. Wanchai said that the rehabilitation
Thailand’s GDP for the whole of 2020 is forecast to contract by as much as 6%, instead of 5% as previously projected, according to the Kasikorn Research Centre (KRC). Ms. Natthaporn Triratsirikul, assistant managing director of the KRC, said today that, although growth in the first quarter of the year was better than projected, economic
Thai people may, belatedly, be able to celebrate the traditional Thai New Year, or Songkran, in July if the third phase of the easing of lockdown restrictions this month goes smoothly. CCSA spokesman Dr. Taweesin Visanuyothin said today that the Government might declare special public holidays in July, in lieu of the suspended Songkran holidays
The Communicable Disease Committee of Bangkok and the Bangkok Metropolitan Administration (BMA) have identified 17 business and leisure activities which can resume tomorrow, in the third phase lockdown easing. They are: Food shops – Customers can sit at the same table, but tables must be at least one metre apart. No glass or plastic partition
