Finance Ministry Reduces New 2021 Economic Growth Forecast to 2.3% BANGKOK (NNT) – The Finance Ministry has reduced its 2021 economic growth forecast for a second time to 2.3% from 2.8% growth, after a third wave of coronavirus infections struck Thailand this month. Fiscal Policy Office (FPO) Director-General Kulaya Tantitemit said the ministry slashed its…
Vietjet CEO, dreams to transform the world “Start-ups shouldn’t ‘save on’ dreams but rather dream big and realise them by simple acts each day at your business or organisation.” Meet the tour-de-force behind the establishment of VietJet, one of the region’s most successful aviation start ups. SPONSORED CONTENT Any first-timers meeting Vietnam’s only self-made female…
Domestic air passenger numbers double those of January Passenger numbers on domestic flights within Thailand have doubled within a month, rising from 4,000 in January to over 10,000 this month. Having nearly recovered to pre-pandemic levels, domestic travel plummeted once more when Covid-19 resurfaced late last year. Apirat Chaiwongnoi from the Department of Airports says…
Economy will grow 1.5-3.5% this year: JSCCID The Joint Standing Committee on Commerce, Industry and Banking (JSCCID) estimated on Wednesday that the Thai economy would grow 1.5-3.5 per cent this year. By THE NATIONThe Joint Standing Committee on Commerce, Industry and Banking (JSCCID) estimated on Wednesday that the Thai economy would grow 1.5-3.5 per cent this…
Thai Airways delays take off in 2021 | VIDEO Due to the current outbreak of Covid-19, Thai Airways, Thailand’s flagship airline, is reducing its international flight schedule until at least March 27. A limited schedule of domestic flights are still operating as normal under the airline’s domestic carrier Thai Smile. Thai Airways will reduce international…
Bangkok’s commercial property market struggles through 2020 This year Thailand’s developers had to work around the effects of government lockdowns and restrictions because of the Covid-19 pandemic. Indeed significant changes have occurred to the commercial property market in Thailand. CBRE Research reports that the Bangkok office market suffered a significant change in the net up-take,…
Thailand Tops Bloomberg’s Emerging Markets List Bloomberg surveys show that analysts are penciling in high rates of growth next year for some of those that have been hardest-hit in 2020. Thailand and Russia are well placed to be among the emerging-market standouts that could beat expectations next year, according to a Bloomberg study of 17…
Asian shares skid despite US economic stimulus deal In Asia, new COVID-19 outbreaks have led authorities to impose lockdowns or other restrictions in Australia and Thailand Shares started the week out on a sour note in Asia as worsening coronavirus outbreaks overshadowed news that US lawmakers finally have a deal on more support for American families…
COVID-19 pandemic wiped out 81 million jobs in Asia-Pacific countries Some 81 million jobs lost as COVID-19 creates turmoil in Asia-Pacific labour markets, according to ILO report. Drops in working hours due to the Covid-19 crisis have had a devastating effect on jobs and incomes in Asia and the Pacific according to a new report…
How to buy gold in Thailand – from bracelets to baht Jett Gunther visits Bangkok’s Chinatown and discusses why you should buy gold in Thailand, and how. Bangkok is home to one of the largest Chinatowns in the world, and the Chinese love gold! Not only is gold highly regarded as a sacred metal, gold…