BoT recommends additional aid measures

BoT recommends additional aid measures Thai economic uncertainty looms large amid a fragile recovery, says the Bank of Thailand, and it advised the government to prepare additional financial and fiscal aid packages to cushion against a worst-case scenario. The central bank on Wednesday published the edited minutes of the Monetary Policy Committee’s meeting on March 24,…

Thailand plans to offer free domestic flights for foreign tourists

Thailand plans to offer free domestic flights for foreign tourists

Thailand plans to offer free domestic flights for foreign tourists The Tourism and Sports Ministry is considering offering free cross-provincial flights for foreign tourists after airline workers are approved for Covid-19 inoculation this week. Minister Phiphat Ratchakitprakarn said from July 1, inoculated tourists exempt from quarantine might be tempted to extend their stay in the country after…

Possible 9 pm closing of Bangkok bars to curb Covid-19

Possible 9 pm closing of Bangkok bars to curb Covid-19 In order to limit outbreaks of Covid-19 before the upcoming Songkran holiday, the Health Ministry is eyeing more restrictive rules, including possibly shutting Bangkok bars at 9 pm. This week, new infections were found in the Thong Lor and Ekkamai areas of Bangkok, popular for evening entertainment…

PM orders government sector to create online data platform accessible by public

PM orders government sector to create online data platform accessible by public

PM orders government sector to create online data platform accessible by public BANGKOK (NNT) – The Prime Minister has ordered government agencies to create an online platform, collecting government’s missions, services and other works that are beneficial and can be accessed by citizens. Government Deputy Spokesperson Traisulee Traisaranakul revealed that Prime Minister General Prayut Chan-O-Cha…

Most People Support Government’s Travel Incentive Measures

Most People Support Government’s Travel Incentive Measures

Most People Support Government’s Travel Incentive Measures BANGKOK (NNT) – A survey by Suan Dusit Rajabhat University, or Suan Dusit Poll has found that a majority of people agree with the government’s measures to stimulate domestic travel and the economy. According to the poll conducted online on March 29-April 1 on 1,265 people throughout the…

Government Will Maintain Vat Rate at 7%

Government Will Maintain Vat Rate at 7%

Government Will Maintain Vat Rate at 7% BANGKOK (NNT) – The government has no plan to hike the value-added tax (VAT) in order to achieve the gross domestic product growth target this year of 4 per cent. Government Spokesman Anucha Buraphachaisri said Thailand had set the VAT rate at 10 per cent under the Revenue Code…

BoT Will Launch Retail CBDC to Secure Financial Services

BoT Will Launch Retail CBDC to Secure Financial Services

BoT Will Launch Retail CBDC to Secure Financial Services BANGKOK (NNT) – The Bank of Thailand (BoT) will launch the Retail Central Bank Digital Currency (CBDC) by the second quarter next year to provide Thais with access to more convenient and secure financial services. BoT assistant governor Vachira Arromdee said the development of a Retail CBDC…