News
Vaccine tourism set to spike
Outbound tour operators expect increasing demand for vaccine tourism in the fourth quarter because of the delay in procurement of high-quality vaccines in Thailand.Suthiphong Pheunphiphop, president of the Thai Travel Agents Association (TTAA), said even if local travellers are able to take outbound trips in ...
Bangkok Post Reporter
BoT: Firms expect normalcy in Q1 2022
Nearly half of businesses expect normal Thai life to resume in the first quarter of next year, according to a Bank of Thailand survey.The business sentiment index, which was conducted from July 1-22 on 260 businesses of all sizes, found 45% of respondents expect public ...
Somruedi Banchongduang
Tips for SMEs to boost online food sales
A Chula marketing expert has offered SMEs three tips for boosting their food delivery businesses – know your strengths, know your customers, and use eye-catching food images.Food delivery is a fast-growing business during Covid-19, when customers are often reluctant to leave their homes or offices. ...
The Nation Reporter
How Covid-19 propelled digital disruption transformed Thailand’s business sector
A vast majority of businesses have been driven by digital disruption globally with most executives admitting its transformative impact to an extent. It is, therefore, crucial to identify digital disruption perspectives and approaches to digital implementation in Thai companies.“Deloitte Thailand conducted its first Thailand Digital ...
The Nation Reporter
Sentiment continues to see decline
Consumer and business sentiment continued to plunge in July based on rising Covid-19 infections and deaths, as well as a poor economic outlook.The University of the Thai Chamber of Commerce (UTCC) reported on Thursday the consumer confidence index fell to 40.9 in July from 43.1 ...
Phusadee Arunmas
Pandemic leads to exodus of B95bn from Thai bourse
More than 95 billion baht in capital flowed out of the Thai stock market in the first seven months of the year, partly because of the worsening pandemic, sputtering attempts to revive foreign tourism, and possibly a second year of economic contraction.The pandemic situation in ...
Bangkok Post Reporter
BoT cuts 2021 GDP rise to 0.7%
The Bank of Thailand (BoT) has slashed its economic growth projection for this year again to 0.7% as the third wave of Covid-19 has had a more severe impact on the country’s economy since the central bank conducted its earlier projection.The BoT’s Monetary Policy Committee ...
Somruedi Banchongduang
Unemployment hit 5-year high in Q1
The pandemic drove the country’s unemployment rate up to 1.96% in the first quarter, the highest level in five years, while the IT sector saw the highest number of job postings compared with other industries in the first half of this year, according to job ...
Suchit Leesa-Nguansuk
A just transition requires a major paradigm shift
Covid-19 is a disease that not only attacks individuals but Thai society. Millions of workers who make subsistence wages or already face household debt now have no income. Thailand is seeing — like much of the world — people sliding back into extreme poverty and ...
Fuel consumption drops by 1.7%
Thailand saw its fuel consumption decline by 1.7% to an average of 136 million litres per day during the first half of this year, largely attributed to the third wave of Covid-19, says the Department of Energy Business.Average fuel consumption stood at 138 million litres ...
Yuthana Praiwan