Leveraging firms’ strenuous efforts to maintain stable production and business, as well as active yet timely support from management agencies, the northern province of Thai Nguyen’s industrial production has regained some growth momentum despite bearing impacts from this year’s global troubles.

Industrial production on track across Thai Nguyen

Industrial production on track across Thai Nguyen Leveraging firms’ strenuous efforts to maintain stable production and business, as well as active yet timely support from management agencies, the northern province of Thai Nguyen’s industrial production has regained some growth momentum despite bearing impacts from this year’s global troubles. According to figures from Thai Nguyen’s Department…

Hotel investment group launches world’s first “green” hotel fund

Hotel investment group launches world’s first “green” hotel fund Destination Capital, a hotel investment group in Bangkok, has announced that it will launch the world’s first ever “green” hotel fund. The fund will acquire hotels and implement sustainability systems and procedures to promote long term environmental and financial sustainability in investments using the EDGE certification…

Modest rebound ahead, with 3.9% growth in 2021

Modest rebound ahead, with 3.9% growth in 2021 Thai economy showing faint signs of life but revival of tourism will remain the key. Thailand’s economy is set for a modest recovery over the coming years from its recession in 2020. The economy has struggled amid the Covid-19 pandemic as its high reliance on external demand…

S&P keeps BBB+ Thai credit rating

S&P keeps BBB+ Thai credit rating The Finance Ministry is confident the Thai economy will steadily recover after Standard & Poor (S&P) Global Ratings kept the kingdom’s sovereign credit rating at BBB+. Finance Minister Arkhom Termpittayapaisith said S&P not only maintained Thailand’s sovereign credit rating but also rated its economy as having a Stable Outlook.…

bangkok food vendor

CESA okays TAT’s stimulus measures

CESA okays TAT’s stimulus measures The Centre for Economic Situation Administration (CESA) has approved tourism promotion and stimulus measures proposed by the Tourism Authority of Thailand (TAT) to lure back foreign tourists to Thailand. The measures comprise special tour packages and the approval for Thailand Elite Card holders to invest in property and other investments.…