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Monday, May 6, 2024

2019’s Thai Economy Growth Lower Than Expected

BANGKOK (Xinhua) — Thailand's economy grew by 2.4 percent in 2019, lower than the previous estimate of 2.6 percent, said the National Economic and Social Development Council (NESDC) on Monday.

Chinese Automaker to Buy GM’s Thailand Plant in Rayong

SHIJIAZHUANG (Xinhua) — China's leading sport utility vehicles (SUV) and pickup maker Great Wall Motors on Monday said it will purchase General Motors' Rayong car production facility in Thailand.

Popular Night Market Loses Chinese Tourists, Avoided by Thais

BANGKOK — One of Bangkok’s most popular night markets is not only struggling with disappearance of Chinese tourists, but also the perception among some Thais that it is a place to avoid amid coronavirus fears.

No Tourists, No Buyers: Pratunam Vendors Hit Hard by Coronavirus Phobia

BANGKOK — Business owners and vendors at the once-bustling Pratunam Market say they are bearing the brunt of a massive drop in tourism amid the coronavirus epidemic.

Beset by Tourism Woes, Bank of Thailand Slashes Policy Rate

BANGKOK (Xinhua) — The Bank of Thailand (BoT) on Wednesday slashed its policy rate by 25 basis points to a fresh record low of 1 percent in the year 2020's first meeting.
A sign posted in front of a drug store near Siriraj Hospital telling customers that face masks and hand sanitizers are sold out on Feb. 5, 2020.

Following Criticism, Cabinet Puts Price Control on Face Masks

BANGKOK — The government on Tuesday placed face masks and hand sanitizers on the price control list in response to complaints of retailers profiteering from the ongoing coronavirus outbreak.
Officials greet a Chinese tourist arriving at Chiang Mai Airport on Jan. 24, 2020.

No Law Stops Shops, Hotels From Discriminating Against Chinese

BANGKOK — As fears of coronavirus spread across Thailand, which saw 14 confirmed cases of infection so far, a number of tourist establishments are closing their doors to Chinese tourists. And that’s perfectly legal.
An official welcomes a tourist at Phuket Airport on Jan. 23, 2020.

Tourism Chief Shoots Down Cash Handout Plan for Foreigners

BANGKOK — A senior tourism official on Friday denied news reports that the government is preparing to extend its cash giveaway program to include foreign visitors.

Potential Winner of New China-US Trade Deal: Thailand

BANGKOK (AP) — The trade agreement signed by President Donald Trump and Beijing’s lead trade envoy comes amid seismic shifts in supply chains and investment hastened by the tariff war that began in 2018.

At a Popular Shrine, New Year Prayers Echo Politics, Money Anxieties

BANGKOK — Many Thais spent the last hours of 2019 flocking to the much revered City Pillar Shrine where they pray for a better life next year – even as they express dire outlook for politics and money matters in the year 2020.

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