Daily Highlights Week 45 (2-6 November 2020)

6 November 2020

The proposal to reduce the quarantine period from 14 days to 10 days will be submitted to the Centre for Covid-19 Situation Administration (CCSA) for endorsement.

Read more at: https://www.bangkokpost.com/business/2014735/10-day-tourist-quarantining-moves-closer

‘Volvo Cars Thailand officially launches an exciting and innovative new dedicated Volvo warehouse for the first time in Thailand.

The “VOLVO CAR THAILAND CENTRAL DISTRIBUTION & TRAINING CENTER” (VCT CDTC) on Bangna-Trad Road Km 23, Samut Prakan Province, spread over an area of 23,331 square meters, is set to become Volvo’s one-stop hub in ASEAN and is the result of an investment of over 1 billion baht. ‘

Read more at: https://www.bangkokpost.com/thailand/pr/2014591/volvo-cars-thailand-launches-an-expansive-new-warehouse-in-thailand

‘Commerce minister mulls opening service sector to foreign investment’

Read more at: https://www.nationthailand.com/business/30397407?utm_source=homepage_hilight&utm_medium=internal_referral

5 November 2020

A new privilege package for electric vehicles (EVs) has been approved by the Board of Investment (BoI).

Read more at: http://bangkokpost.com/business/2014207/boi-grants-perks-to-ev-manufacturers

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is maintaining its economic forecast at 7-9% contraction this year as the impact from the second outbreak of Covid-19 in many countries may hinder the Thai economy from a full recovery.

Read more at: https://www.bangkokpost.com/business/2014163/jsccib-anticipates-risks-to-recovery

Koenigsegg, the world-class Swedish hypercar manufacturer has launched in Thailand, being the first country in the Asia Pacific Region!

Visit the link to read more about Koenigsegg’s glitzy launch here! https://www.prestigeonline.com/th/people-events/events/koenigsegg-bangkok/

‘Sweden sets new COVID-19 case record as deaths pass 6,000 mark’

Read more at: https://www.reuters.com/article/us-health-coronavirus-sweden-cases/sweden-sets-new-covid-19-case-record-as-deaths-pass-6000-mark-idUSKBN27L1R2

4 November 2020

‘If Democratic candidate Joe Biden wins the US presidential election as polls predict, it will be a boon for US, global and Thai economies, said Kasikorn Research Centre.’

Read more at: https://www.nationthailand.com/business/30397273

Are you following the US election? Check out the BBC’s guide on US election 2020: What to look out for on election night https://www.bbc.com/news/election-us-2020-54723228

‘Coronavirus: Sweden brings in rule of eight for diners amid spike in infections’

Read more at: https://www.bbc.com/news/world-europe-54797112

‘Inequality on the cards after Thailand’s economic recovery’

Read more at: https://www.bangkokpost.com/business/2013471/inequality-on-the-cards-after-thailands-economic-recovery

‘Set buoyed by hopes of Biden presidency, US stimulus’

Read more at: https://www.nationthailand.com/business/30397334?utm_source=category&utm_medium=internal_referral

3 November 2020

‘The mobile cabinet in Phuket will on Tuesday consider rescue packages for southern businesses severely affected by Covid-19, including soft loans for airlines and other tourism-related companies.’

Read more at: https://www.bangkokpost.com/business/2012751/cabinet-to-map-out-recovery-for-south

Did you know that millions of people use Tetra Pak carton packages when they consume milk, juices, or other drinks everyday?

Tetra Pak is world-leading in processing and packaging. Their latest 22nd sustainability report shows that they are engaging in protecting the sustainable future by implementing renewable materials and responsible sourcing as almost 69 per cent of renewable energy has been using in their operations, billions of packages has been recycled and more.

Learn more at: https://www.bangkokpost.com/business/2009743

‘Exports may drop only 7% this year – shippers’

Read more at: https://www.bangkokpost.com/business/2013247/exports-may-drop-only-7-this-year-%E2%80%93-shippers

‘Hoteliers chafe at seeking ALSQ status’

Read more at: https://www.bangkokpost.com/business/2012895/hoteliers-chafe-at-seeking-alsq-status

‘Govt to buy 400MW/year under waste-to-energy plan’

Read more at: https://www.nationthailand.com/business/30397220?utm_source=category&utm_medium=internal_referral

‘Ministry wants Bt1.5bn to create jobs in crisis-hit tourism provinces’

Read more at: https://www.nationthailand.com/business/30397206?utm_source=category&utm_medium=internal_referral

‘Swedish PM warns pandemic respite over as deaths start rising’

Read more at: https://www.reuters.com/article/us-health-coronavirus-lofven/swedish-pm-warns-pandemic-respite-over-as-deaths-start-rising-idUSKBN27J1SZ

2 November 2020

‘The Commerce Ministry looks set to propose the cabinet remove three services — telecommunications, finance and software development — from List 3 of the Foreign Business Act (FBA) to facilitate foreign investment in Thailand.’

Read more at: https://www.bangkokpost.com/business/2012287/3-removals-from-fbas-list-3-rules

Around 5,000 Thai berry pickers, a very important workforce in Scandinavian countries returned back from Sweden and Finland after the harvesting season. All workers entered the standard 14-day quarantine and received the proper care from their work agents.

Read more at: https://www.bangkokpost.com/thailand/general/2012227/5-000-plus-berry-pickers-return-home

‘Banks emphasise debt rejig, assets’

Read more at: https://www.bangkokpost.com/business/2012403/banks-emphasise-debt-rejig-assets

‘Trade nailbiter’

Read more at: https://www.bangkokpost.com/business/2012303/trade-nailbiter

‘TAT awaits upsurge from European travellers next year’

Read more at: https://www.bangkokpost.com/business/2012295/tat-awaits-upsurge-from-european-travellers-next-year

‘CESA gives green light to new economic stimulus measures’

Read more at: https://www.nationthailand.com/business/30393911


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