3 September 2020
‘Thailand reports first domestic coronavirus case in 100 days’
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.
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.
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.
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.
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!
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…’
‘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.’
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.
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.
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.
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.
31 August 2020
‘Some companies agree with a government scheme to partially subsidise salaries, but they wonder if the budget is adequate.’
‘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.’
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.
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.