31 July 2020
Medical tourists can return, but under strict control
18 billion bahts are expected to be generated from medical tourists within 3 months.
98 hospitals and 26 clinics have been verified as alternative hospital quarantine sites for both Thai and foreign patients. These patients must first test negative for Covid-19 and have quarantined in hospital for 14 days along with the people accompanying them.
What Travel Will Look Like After Coronavirus
Eight airline and hotel industry veterans are asked to predict the future travel after the pandemic, including the changes in business plans for airlines and hotels as well as new procedures at the airport.
Tour operators urge for clarify on travel bubble schemes planned to be implemented in October
Association of Thai Travel Agents said that tourist operators need 2 months of preparation. The association also stated that the current level of tourists is not sufficient for businesses to survive and foreign tourists are needed for the tourism sector.
Virus impact easing for business: BOT survey
The pandemic had less impact to businesses in July according to the latest survey conducted by the Bank of Thailand.
30 July 2020
Travel stimulus campaign may run till year-end
Ministry of Tourism and Sports said that there is a chance of extending the “We Travel Together” campaign to the end of 2020, while the travel bubbles scheme for tourists from low-risk countries might be taking place by October.
Sethaput, the new chief of BoT, faces economy in crisis
Sethaput Suthiwart-Narueput, the new chief of BoT, will face the tough task of economy during the pandemic with near-zero interest rates and high household debt.
Thailand ranks first for virus response
Thailand ranks first among 184 countries with the highest rate of Covid-19 recoveries, according to the Global Covid-19 Index (GCI).
Thailand should be promoted as a work-from-home (WFH) hub
Thailand should be promoted as a work-from-home (WFH) hub for the world, says Takorn Tantasith, a former secretary-general of National Broadcasting and Telecommunications Commission (NBTC). The promotion may initially require 1 billion baht.
New mindset during an unusual time for businesses
New mindset is required during this unusual time for businesses. Value proposition and ‘above-the-ocean strategy” (AOS) should be considered for resilience.
Sethaput Suthiwart-Narueput as the next BoT governor
Sethaput Suthiwart-Narueput has been selected as the next central bank governor as the cabinet approved the selection committee’s proposal.
Thai tourists flocked to islands in Trat
Thai tourists flocked to famous islands in Trat over the long holiday, bringing 328 million baht to the province.
29 July 2020
‘BoT plan to curb baht by severing link to gold’
As the currency’s appreciation has taken its tolls on the country’s exports, the Bank of Thailand is considering cutting the link between gold trading and the baht, and converting local gold trading to the US dollars in an attempt to reduce the baht’s volatility.
‘BoT looks to lighten burden for distressed borrowers‘
As the second-phase debt relief measures will expire in October, the Bank of Thailand is considering adding an additional debt relief instrument for the third-phase to help borrowers affected by the Covid-19 outbreak reduce their debt load.
Thailand sees a 66% year-on-year decrease in tourist arrivals in the January-June period from last year
The manufacturing production index dropped 17.66% in June from last year, better than forecasted
‘Staying close to home‘
According to an international survey conducted by Europ Assistance, most Thai travellers favour domestic destinations for the following year whereas people in most countries expect international tourism in 2021.
‘Third quarter crucial for signs of recovery‘
Traders and analysts are directing their attention to the third quarter to see if Thailand’s economy can bounce back quickly or will continue to struggle from low exports and sluggish tourism. In the first half of the year, the country’s stock exchange suffered unprecedented damages due to Covid-19.
28 July 2020
‘AOT studying second airports for Phuket, Chiang Mai’
‘Phuket learns the hard way’
‘Fetco lines up stimulus proposal’
‘Cold water poured on rail projects’
27 July 2020
‘Rayong pushes for 10MW waste-to-energy plant ahead of EEC growth’
‘Public debt not scary yet, PDMO says’
‘New round of migrant registrations likely’