Manufacturing

It could take another five years before tourism revives fully in Thailand — an ominous sign for one of the most tourism-dependent economies in the world.The sector, which contributed about one-fifth of the economy before the pandemic, isn’t expected to return to normal until 2026, ...

The Tourism Authority of Thailand (TAT) believes it will not be able to meet its 2021 target because few people are travelling due to the third wave of Covid-19.TAT governor Yuthasak Supasorn said the organization expects 90 million locals to take trips this year, slightly ...

Two years ago, the seaside in front of Seksith Pimolnat guesthouse on Phuket’s Patong Beach was packed. Holiday makers from Siberia, China, and the various corners of the European Union crowded together in a cacophonous revelry.Today, Patong is deserted. Another casualty of the coronavirus pandemic.“Many ...

The Bank of Thailand (BoT) is concerned with the expected higher number of non-performing loans (NPLs) of tourism-related businesses in the second quarter of this year because of the the third wave of Covid-19.Both the BoT and financial institutions are concerned about rising NPLs in ...

The Tourism Authority of Thailand (TAT) believes it will not be able to meet its 2021 target because few people are travelling due to the third wave of Covid-19.TAT governor Yuthasak Supasorn said the organization expects 90 million locals to take trips this year, slightly ...

The Bank of Thailand has added measures on retail loan restructuring as part of its third phase of debt relief for individual borrowers, aiming to ease hardships caused by the pandemic.The central bank started implementing new measures for debt relief on Friday, including restructuring consumer ...

The Bank of Thailand predicts domestic tourism will be weaker in May than the previous month because of the severity of the third wave.The central bank reported the hotel occupancy rate in April was below 20% on average because of the significant decline in local ...

The Tourism Authority of Thailand (TAT) has downgraded its outlook for domestic trips and tourism receipts this year because of the economic downturn, with the third wave undermining domestic tourism.TAT governor Yuthasak Supasorn said the country needs to maintain the momentum of the 90.5 million ...

Thailand is considering scrapping its mandatory quarantine for vaccinated visitors to its capital Bangkok and other top tourist destinations from October, as it looks to rebuild its coronavirus-battered tourism industry.Among the 10 provinces planned to welcome vaccinated tourists from October 1 are Pattaya, Phang Nga, ...

Thailand plans to waive mandatory quarantine for vaccinated visitors to Bangkok and top tourist destinations from October, to revive a key industry battered by COVID-19 travel curbs.Deputy government spokeswoman Traisulee Traisoranakul said the new measure means easier access to favorite locations in 10 provinces, like ...