Daily Highlights Week 36 (31 August-3 September 2020)

3 September 2020

‘Thailand reports first domestic coronavirus case in 100 days’

Read more at: https://www.reuters.com/article/us-health-coronavirus-thailand/thailand-reports-first-domestic-coronavirus-case-in-100-days-idUSKBN25U1OG

Thai Airways will operate 18 special flights to 5 cities in Europe (Munich, Frankfurt, London, Paris, Copenhagen) and 2 cities in Asia (Taipei and Hong Kong) to help stranded travellers and Thais abroad to return to their countries.

Read more at: https://www.bangkokpost.com/business/1978915/thai-airways-puts-on-flights-to-asia-europe

The resignation of the finance minister will not affect foreign investors’ confidence as the investors focus more on arranging and adapting business strategies and models during this Covid-19 pandemic than domestic politics.

Read more at: https://www.bangkokpost.com/business/1978927/predees-resignation-will-not-affect-confidence-says-set

The government’s Centre for Economic Situation Administration (CESA) approved new economic stimulus schemes on providing subsidies, tourism boosting, and creating new job positions for new graduates.

Read more at: https://www.nationthailand.com/business/30393911?utm_source=homepage_hilight&utm_medium=internal_referral

The deputy Prime Minister and the Public Health Minister, confirms that Thailand is safe enough to handle long-stay tourists as well as short-stay investors or business travellers.

Read more at: https://www.bangkokpost.com/business/1978995/anutin-upbeat-about-letting-business-travellers-return

The Tourism Authority of Thailand (TAT) will organise the “Expat Travel Deal 2020” event on 11-13 September from 10.00 to 22.00 at the Quartier Gallery, EmQuartier shopping mall. The event will offer deals on travel packages and services for expat residents!

Read more at: https://www.bangkokpost.com/travel/1979191/travel-fair-for-expats?cx_placement=underbox#cxrecs_s

2 September 2020

‘The government plans new cash handouts and job measures worth about 68.5 billion baht to support an economy battered by the coronavirus pandemic…’

Read more at: https://www.bangkokpost.com/business/1978747/govt-plans-new-cash-handouts-job-measures-worth-b68-5-bn

‘The baht experienced a sudden depreciation against the US dollar on Tuesday after Finance Minister Predee Daochai submitted his resignation less than a month into his tenure.’

Read more at: https://www.bangkokpost.com/business/1978295/predee-bombshell-hits-baht-trading

1 September 2020

With adequate medical supplies, the Ministry of Public Health confirmed that Thailand is sufficiently well-prepared if we have to handle a second wave of Covid-19 spread.

Read more at: https://www.bangkokpost.com/thailand/general/1977675/govt-ready-for-second-covid-wave

The government plans to develop and improve skilled labour to support high-tech industries such as next-generation cars, robotics, medical technology, and aviation and aerospace in the Eastern Economic Corridor (EEC) area.

Read more at: https://www.bangkokpost.com/business/1977707/eec-officials-pitch-high-tech-training

Thailand’s economic growth has sunk due to international travel restrictions. Bank of Thailand hopes the government will reconsider the measure before the situation worsens next year.

Read more at: https://www.bangkokpost.com/business/1977743/bank-of-thailand-warns-of-tourism-meltdown

Whilst the outbreak of Covid-19, the investment in the government’s flagship infrastructure project still stays on track to reach its target of 1.7 trillion baht in 2022.

Read more at: https://www.nationthailand.com/business/30393803?utm_source=category&utm_medium=internal_referral

31 August 2020

‘Some companies agree with a government scheme to partially subsidise salaries, but they wonder if the budget is adequate.’

Read more at: https://www.bangkokpost.com/business/1977211/shouldering-the-burden

‘Asean is scheduled to clinch a pact on mutual recognition arrangements (MRAs) for automobiles and building and construction materials next month in a move to reduce production costs and foster trade among members.’

Read more at: https://www.bangkokpost.com/business/1977259/asean-preps-mutual-recognition-arrangements-for-cars-materials

After gathering vacant positions via online platforms, the Ministry of Labour is ready to prepare the Thailand Job Expo 2020 this September. New measures to ease hardships on new graduates and employees will also be applied.

Read more at: https://www.nationthailand.com/news/30393778?utm_source=category&utm_medium=internal_referral

Thai Baht dropped back after the tourism section was paused by travel restriction. The economic downturn will last along this second half of the year and will be recovered next year.

Read more at: https://www.bangkokpost.com/business/1977447/baht-at-crossroads-as-economy-seen-bottoming-out-this-year


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