Chamber of Commerce: Virus to Slash Thai Trade Value by Half
BANGKOK (Xinhua) — A Bangkok-based academic research institution on Thursday said in a press briefing that its findings estimated that the COVID-19 pandemic will reduce the value of Thai trade to 423.05 billion baht (13.45 billion U.S. dollars) from 1.02 trillion baht.
Red Bull Companies Silent After Charges Dropped Against ‘Boss’
BANGKOK — Red Bull and other companies owned by the Yoovidhya family on Friday declined to comment on the news that all charges were dropped against their billionaire scion’s alleged killing of a policeman with his Ferrari in 2012.
Tourism Minister Wants to Revive Coronavirus ‘Travel Bubble’
BANGKOK — The tourism minister on Thursday said he wanted to renew a push for an agreement that would allow travel exchanges with countries where the coronavirus pandemic is under control.
BOT Forecasts 8 Million Foreign Visitors in 2020, Down 80%
BANGKOK (Xinhua) — Thailand's central bank has forecast only an estimated 8 million foreign visitors in Thailand this year, down 80 percent from last year's record number of 39.8 million, according to the Bank of Thailand (BoT) governor Veerathai Santiprabhob.
Caught in New Virus Fear, Koh Samet is Empty of Tourists Again
KOH SAMET — The popular tourist island of Koh Samet saw a sharp drop in visitors after news broke that a coronavirus-infected...
Minor Group Rep on Tourism Future: ‘We Really Need a Travel Bubble’
BANGKOK — The director of a major hotel chain in Thailand on Tuesday urged the government to reopen the country’s borders to international tourists under special travel agreements.
Israel, Thailand Ink Deal to Import 25,000 Farm Workers
JERUSALEM (Xinhua) — The Israeli and Thai governments signed on Monday an agreement to enable the arrival of 25,000 agricultural workers from Thailand to Israel, the Israeli foreign ministry said.
Bank of Thailand Open to More Policy Easing in Pandemic
BANGKOK (Xinhua) — The Bank of Thailand (BoT) on Monday said that it has not shut the door to further monetary policy easing, after cutting the key rate three times this year to a record low of 0.5 percent to help support the Thai economy impacted by the COVID-19 pandemic.
GDP Expected to Shrink by 10% in Virus-Stricken 2020
BANGKOK — A major bank said the Thai GDP may shrink by as much as 10.3 percent this year due to economic woes caused by the coronavirus.
20 Mil. Thais to Spend On Domestic Tourism in Rest of 2020
BANGKOK (Xinhua) — One-third of Thailand's population, accounting for no less than 20 million Thais, is forecast to take leisure trips within the country during the second half of this year, said an executive academic on Sunday.
