Industries

The tourism confidence index plunged to the lowest level in nine years, though the industry is optimistic about the final quarter of 2020, which could lead to a total of 26.6 million international arrivals this year, according to the Tourism Council of Thailand (TCT).The survey ...

Thailand’s manufacturing production index (MPI) contracted for the tenth straight month in February, down 5.19% from a year earlier, hit by lower production of cars, tires and sugar, the industry ministry said on Wednesday.That performance was in line with a forecast drop of 5.2% in ...

Tourist arrivals in Thailand sank 42.78% in February from a year earlier after a 2.46% rise in the previous month, due to the coronavirus outbreak, tourism ministry data showed on Monday.A total of 2.06 million tourists in February spent about 103.7 billion baht, down 43.9% ...

The Tourism Ministry is poised to return 1.4 billion baht in deposits to tour companies that registered with the Tourism Department, while acknowledging that a year-long pandemic could slash the number of international visitors in 2020 to 10 million.“If the pandemic is still uncontrollable on ...

Thailand’s move to adopt stringent international emissions standards in just two years is causing consternation among automakers in Southeast Asia’s largest vehicle manufacturing hub.Keep reading ...

The Tourism and Sports Ministry is expecting 36.9 million foreign tourists to visit Thailand this year if the Covid-19 outbreak grinds to a halt by next month.However, if the spread of the new coronavirus continues, it will be a “big issue” and deepen fears not ...

The Finance Ministry will hasten launch of new relief packages for businesses hit hard by impact of the Covid-19 outbreak, said minister Uttama Savanayana on Monday (March 2).The measures , he added, are customised to serve the specific needs of affected groups of businesses.Tourism and ...

The Finance Ministry is preparing to offer 100 billion baht in soft loans as a lifeline to coronavirus-ravaged tourism operators as part of new relief measures that will seek the cabinet’s approval by early March.The soft loans, sponsored by the Government Savings Bank (GSB), will ...

The Industry Ministry has set a target to increase industrial productivity by 2.2% by 2022 and raise Thailand’s competitiveness by enhancing labour skills and leveraging technology and innovation.Kobchai Sungsitthisawad, the industry permanent secretary, said Thailand should increase productivity by using existing resources.Keep reading ...

The government is planning to introduce major economic assistance measures to help the tourism sector which is being hardly hit by the COVID-19 outbreak.Keep watching ...