PM calls for strict measures over concerns of COVID-19 spread

PM calls for strict measures over concerns of COVID-19 spread

PM calls for strict measures over concerns of COVID-19 spread BANGKOK (NNT) – Thailand’s Prime Minister has expressed concern over the COVID-19 situation, in particular its spread via entertainment venues, and ordered strict measures to be imposed on bars, pubs and karaoke lounges, including 14 day closures if an infection is discovered. Prime Minister’s Office…

200 entertainment venues in Bangkok ordered closed

200 entertainment venues in Bangkok ordered closed Bangkok city hall is trying to control Covid-19 clusters from entertainment venues as almost 200 entertainment places were ordered to close for two weeks. After the new clusters of infections were detected in night-entertainment venues in the capital, Bangkok city hall is now vaccinating at-risk groups working there. The city…

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…

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…

Lessons from the 1997 economic crisis

Lessons from the 1997 economic crisis

Lessons from the 1997 economic crisis Today is April Fools’ day. But there is no fooling about the threat of liquidity crisis. I am sure that many readers are sceptical about the possibility of a liquidity crunch in this country. First, the government debt to GDP ratio is less than 60% which is not high…

Chamber pledges economic revival

Chamber pledges economic revival

Chamber pledges economic revival The Thai Chamber of Commerce vows to help revitalise the economy in 99 days under its “Connect the Dots” policy, with faster Covid-19 vaccine distribution at the core. By connecting the dots, the chamber means it will work as a focal point to connect the state and private sector and individuals…

Thai second-quarter GDP to post record contraction, slow recovery seen: Reuters poll

Over 29,000 export items await waiver

Over 29,000 export items await waiver More than 29,000 Thai export items will receive a tariff waiver from Jan 1 next year under the Regional Comprehensive Economic Partnership (RCEP) trade pact, the world’s biggest free trade deal. The agreement was signed by 15 nations in Asia-Pacific, including Thailand in November last year, and needs ratification…