Thai Cabinet extends waiver of Visa On Arrival fees Thailand’s Cabinet has extended the waiver of the fees for ‘visa on arrival’ for some foreign tourists to Thailand. The waiver of the 2,000 baht VOA fee will be extended to at least October 31. The fee had previously been waived until January 14 this year in…
Thai baht lowest since January The Thai baht has been Asia’s best-performing currency during Q1, 2019. But things appear to be losing momentum as the baht falls to its lowest since January. The Thai baht weakened to as low as 32.035 per dollar, the lowest level since January 10th and falling through the psychological support…
BOI, Fiscal Policy Research Institute Foundation arrange “Creating Thai Investors in Foreign Countries” training program BANGKOK, 29 April 2019 (NNT) – To promote Thai investment abroad, all sectors must help one another boost competitiveness. However, it is necessary to invest in what that country needs, which will help strengthen the Thai business sector. The Office of…
Thai economy to grow 3.6% in 2019 Thai economy this year is now expected to grow at 3.6%, showing minor signs of deceleration due to the global economy BANGKOK, 27 April 2019 (NNT) – The overall Thai economic prospects still see continuous growth potential from private investments and tourism, while the establishment of an elected…
Thais spend Bt250 billion annually on lottery and lotto At least twice a month –- on the first and sixteenth days – millions of Thais hope and pray that their fortune will change. They are glued to their TV set or mobile phones, anxiously waiting for lottery results praying for a miracle. Thais are increasingly…
Strong growth from key markets compensate for slight dip in Chinese tourists by Thanchanok Phobut | Senior Coordinator, Thailand CBRE, international property consultants, believe that the Thai tourism market is still as resilient as ever. Earlier this year, the Ministry of Tourism and Sports announced they are expecting more than 40 million tourists to visit…
SET signs MoU with Shenzhen bourse to strengthen Thailand-China capital market The Stock Exchange of Thailand (SET) signed a memorandum of understanding (MoU) with Shenzhen Stock Exchange (SZSE) SET signs MoU with SZSE to strengthen Thailand-China capital market collaboration BANGKOK, April 23, 2019 – The Stock Exchange of Thailand (SET) signed a memorandum of understanding…
Four major EEC infrastructure projects reviewed The Thai government is advancing four infrastructure projects in the Eastern Economic Corridor (EEC) BANGKOK, 24 April 2019(NNT) – The Thai government is advancing four infrastructure projects in the Eastern Economic Corridor (EEC). All projects will be able to be included in the joint venture signing in May. They will…
Equitable investment in human capital is vital for Thailand’s future Thailand has transitioned from a low-income to an upper middle-income country in a single generation. Poverty has declined to 7.1 percent in 2015 – as measured by the international upper-middle income class poverty line – and access to basic education and health has become nearly…
Thailand’s Human Capital Key to Long-Term Growth Investing in human capital and pursuing economic reforms is critically important for Thailand to become a high-income nation Amid a global slowdown and elevated trade tensions, the Thai economy is projected to grow by 3.8 percent in 2019 and 3.9 in 2020, according to the World Bank’s Thailand…