Thai economic gurus predict more growth, exports and tourism this year

Three of Thailand’s business, banking and capital market gurus are optimistic about the country’s improved economic performance this year, with a tourism boom, increased foreign investment and exports, which will…

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Private sector White Paper on economic development submission to the government

The private sector will submit their White Paper to the Thai government, proposing plans for urgent economic development in the country. The White Paper is a summary of proposals discussed…

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Saudi Arabia to sell fertiliser to Thailand

Saudi Arabia has responded positively to Thailand’s request to buy fertiliser from the desert kingdom, to ease the shortage in the country, said Sanan Angubolkul, chairman of the Thai Chamber…

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Thailand’s Finance Ministry considers launch of new co-payment scheme phase

The Finance Ministry is now working on a possible launch of a 5th phase of the 50:50 co-payment scheme, aimed at easingthe financial burden of the rising cost of living….

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Thai private sector wants extension of co-payment scheme, reduced utility rates

The Thai private sector is asking the government to extend the 50:50 co-payment economic stimulus scheme until the end of January and to continue the power and water rate cuts…

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Thai PM claims he is neither a dictator nor blind to the views of detractors

Prime Minister Prayut Chan-o-cha has refuted allegations that he is a dictator, who aspires remain in power for up to 20 years to implement the 20-year national strategy, or that…

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Thai private sector to propose economy-boosting measures to PM on Sunday

Sanan Angubolkul, president of the Thai Chamber of Commerce, told an economic forum today (Saturday) that five regional chambers of commerce have been developing measures, to be complied into a…

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Thailand’s private sector tells government – ‘No more lockdown restrictions’

The joint committee of Thailand’s three private sector organizations has told the government not to re-impose lockdown restrictions, but to accelerate vaccinations to cover 70% of the country’s population before…

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Thailand’s 40 CEOs reject ‘Wuhan’ model, call on PM to control pandemic, provide compensations

40 of Thailand’s leading CEOs have called on the government to get the COVID-19 pandemic under control, compensate people who have been adversely impacted by it, boost the economy and…

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People dine separated by dividing screens at a street food corner in Bangkok’s Chinatown on January 10, 2021, (Photo by Mladen ANTONOV / AFP)

฿1-2bn Baht per day loss expected due to new restrictions – Commerce Chamber

One to two billion Baht in revenue will be lost per day, resulting in an economic contraction of about 0.1%-0.3%, amid a new round of COVID-19 restrictions beginning today (Monday)…

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A tourist enjoys the view of the Hong islands from the infinity pool of a resort on Koh Yao Yai island in the Andaman Sea. (Photo by Mladen ANTONOV / AFP)

Will Thailand’s new COVID surge kill a plan to restart tourism in July? 

Although the third wave of COVID-19 has hit Thailand hard, key decision-makers are still keen to launch the “Phuket Sandbox” on July 1. The sandbox will trial Thailand’s reopening by…

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