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.
Pattani Eyes Chinese Market to Sell Its Native Durian
BANGKOK (Xinhua) — Thailand's southern province of Pattani said it hopes the Chinese market will pick up its native grown Puangmanee durian to assist the province's economy which had been hit hard by the COVID-19 pandemic.
‘Deserted as Never Before’ Virus Knocks Thai Tourism Into Comatose
BANGKOK (Xinhua) — Hotels are shuttered in the dark, bars are closed and empty food carts are seen around Bangkok's once-bustling tourism associated street. Silence shrouds the city's party land despite the easing COVID-19 lockdown measures.
NokScoot Shuts Down Amid Losses in Coronavirus Pandemic
BANGKOK (AP) — Thailand’s low-cost carrier NokScoot, which is partly owned by Singapore Airlines, said its board of directors decided to liquidate the company as the coronavirus pandemic dimmed prospects for its recovery.
Survey Says 3 in 5 Thais Want Borders to Reopen
BANGKOK — A survey found that Thais are cautiously leaning towards reopening borders for tourists as the coronavirus pandemic appears to be winding down.
Thailand Records Lowest Exports in Years Due to Coronavirus
BANGKOK (Xinhua) — Thailand's Ministry of Commerce on Wednesday released a report, indicating that Thai exports in May had shown the lowest level in four years as a result of the COVID-19 pandemic.
Bars May Reopen by July, Business Reps to Negotiate
BANGKOK — A nightlife industry representative on Monday welcomed a promise by the government to reopen pubs, bars, and other entertainment venues in the next phase of lockdown, which may take place as early as July.
Thailand Strives to Find New Foreign Investment Incentives
BANGKOK, June 16 (Xinhua) — Thai Deputy Prime Minister Somkid Jatusripitak said Tuesday that he had already instructed the Board of Investment (BoI) to redesign incentive packages to lure businesses and manufacturers to relocate their factories in Thailand.
Business Guilds Advise Caution Over Coronavirus ‘Travel Bubble’
BANGKOK — Business associations on Tuesday urged the government to reconsider a proposal to allow foreign visitors to Thailand without having to go through coronavirus quarantine measures.
