Shopping centres, supermarkets and convenience stores to close an hour earlier in Red Zones With the rising reported cases in Thailand, The Thai Retailers Association and Thai Shopping Centre Association has adjusted closing times for shopping centres, supermarkets and your local convenience stores. The situation applies for red zone provinces only at this stage. The…
Thailand bans domestic flights between 11pm – 4am The Civil Aviation Authority of Thailand (CAAT) is calling for the suspension of all domestic flights between 11pm and 4am in order to tackle the new wave of Covid-19. CAAT Director-General Suttipong Kongpool said the CAAT wants airports and airlines to bring all domestic flights in line…
Thailand denies manipulating exchange rate to gain unfair trade advantage The Bank of Thailand (BoT) has asserted that it has stepped into the market only to curb volatility in the baht, and Thailand has never used the exchange rate as a tool to gain an unfair trade advantage. BoT assistant governor Chantavarn Sucharitakul said the…
Thailand will close banks in high-risk areas, ATMs and online services still operational The Thai Bankers Association has released the guidelines to maintain continuous banking services as well as reduce the risk of spreading Covid-19. These measures are being put in place for the safety of employees and services will return to normal as soon…
Thailand central bank unfazed by US currency watchlist inclusion Bank of Thailand headquarters buildings in Bangkok. Thailand’s central bank has responded to the US decision to keep the nation on watch for currency manipulation by asserting it has stepped into the market only to curb volatility in the baht. Bloomberg/Bangkok The Bank of Thailand has…
Thailand gets 100bn baht foreign investment for 2021 fiscal year BANGKOK (NNT) – Despite the new wave of COVID-19 being a major concern in Thailand, the country is still known to be attractive in the eyes of foreign investors. The foreign investment figure from October 2020 to March this year was valued over 100 billion…
Thailand Has Never Used Exchange Rate to Gain Unfair Trade Advantage BANGKOK (NNT) – The Bank of Thailand (BoT) has asserted that it has stepped into the market only to curb volatility in the baht, and Thailand has never used the exchange rate as a tool to gain an unfair trade advantage. BoT assistant governor Chantavarn…
The Thaiger joins forces with Masii to bring you hassle-free Thailand re-entry packages and much more PRESS RELEASE The Thiager and its sister company Tadoo, have announced they will enter a strategic partnership with the Bangkok-based fintech company, Masii. Having joined forces with Masii, The Thaiger aims to provide its 6 million-plus monthly users with exclusive deals…
Members of ASEAN Community cooperate to address COVID-19 challenges BANGKOK (NNT) – In the face of crises like the COVID-19 pandemic, cooperation between countries is the best response. Thailand is providing COVID-19 test kits to neighboring countries, to protect people’s well-being and to mitigate the social and economic impact in the ASEAN Community. The COVID-19…
Thailand Approves Latest Economic Relief Package for Businesses Some 250 billion baht (US$8 billion) was allocated for soft loans while the remaining 100 billion baht (US$3.2 billion) will go towards an ‘asset warehousing’ program whereby debtors can use their assets as loan collateral but will have the right to redeem their assets under a specific…