Daily Highlights Week 46 (9-13 November 2020)

13 September 2020

‘Consumer sentiment recovered in October after falling for the first time in five months in September when concerns over political instability, a slow economic recovery and higher unemployment as a result of the pandemic were at their highest.’

Read more at: https://www.bangkokpost.com/business/2018739/consumer-mood-brightens

‘Foreign funds pile into Thailand as vaccine progress boosts tourism hopes’

Read more at: https://www.bangkokpost.com/business/2019167/foreign-funds-pile-into-thailand-as-vaccine-progress-boosts-tourism-hopes

‘Tax restructure projected for 2021’

Read more at: https://www.bangkokpost.com/business/2018767/tax-restructure-projected-for-2021

‘EEC forges ahead with 5-year farm plan’

Read more at: https://www.bangkokpost.com/business/2018727/eec-forges-ahead-with-5-year-farm-plan

‘Giant free-trade deal close’

Read more at: https://www.bangkokpost.com/thailand/general/2018579/giant-free-trade-deal-close

‘Thailand ready to join world’s largest free trade agreement on Sunday’

Read more at: https://www.nationthailand.com/news/30397849?utm_source=category&utm_medium=internal_referral

12 November 2020

‘The Energy Ministry has warned that businesses in Thailand’s automotive industry must adapt quickly to the growing trend for electric vehicles (EVs).’

Read more at: https://www.nationthailand.com/news/30397789

The Securities and Exchange Commission (SEC) and Stock Exchange of Thailand (SET) are looking through rules and regulations and study the feasibility of opening up the Thai stock market to listings from fully-owned foreign firms.

Read more at: https://www.bangkokpost.com/business/2018119/sec-set-mull-admitting-foreign-firms

The Ministry of Education plans to improve the standard of education by applying a digital platform called ‘Thailand Education Eco-System’.

Read more at: https://www.bangkokpost.com/thailand/general/2018123/govt-sets-targets-to-transform-learning

11 November 2020

‘Thailand’s internet economy is expected to hit US$53 billion in 2025, a compounded annual growth rate (CAGR) of 25% from an estimated $18 billion this year, driven by e-commerce and online travel segments, according to the e-Conomy SEA 2020 report.’

Read more at: https://www.bangkokpost.com/business/2017499/internet-economy-on-trajectory-to-53bn-value

‘Pfizer breakthrough boosts Thai project’

Read more at: https://www.bangkokpost.com/thailand/general/2017387/pfizer-breakthrough-boosts-thai-project

10 November 2020

‘The Federation of Thai Industries (FTI) plans to support a proposal to reduce the mandatory quarantine period for foreign tourists from 14 to 10 days during the Centre for Economic Situation Administration’s (CESA) meeting this week.’

Read more at: https://www.bangkokpost.com/business/2017051/fti-supports-shorter-tourist-quarantine

‘The Eastern Economic Corridor Office (EECO) plans to establish a 5G special zone in Rayong’s Ban Chang district by the end of this year to serve new S-curve industries and lure global tech giants to the area with incentives.’

Read more at: https://www.bangkokpost.com/business/2016939/5g-zone-planned-in-rayong

Quarantine alone ‘not enough’

Read more at: https://www.bangkokpost.com/thailand/general/2016803/quarantine-alone-not-enough

‘Asian markets rally on Covid-19 vaccine hopes’

Read more at: https://www.bbc.com/news/business-54883132

‘Swedish government to extend measures for companies hit by COVID-19 – reports’

Read more at: https://www.reuters.com/article/health-coronavirus-sweden-economy/swedish-government-to-extend-measures-for-companies-hit-by-covid-19-reports-idUSL8N2HV23R

9 November 2020

‘Observers said Joe Biden’s victory in the United States’ presidential election would have a positive impact on Thailand, noting that ongoing trade tensions with China were likely to cool as the president-elect has vowed to resume constructive dialogue with all strategic partners.’

Read more at: https://www.bangkokpost.com/business/2016223/biden-win-forecast-to-benefit-thailand

‘Building safe travel bubbles’

Read more at: https://www.bangkokpost.com/business/2016447/building-safe-travel-bubbles

‘State pushes for Phuket recovery’

Read more at: https://www.bangkokpost.com/business/2016355/state-pushes-for-phuket-recovery

‘Infected tourist poses a ‘high risk”

Read more at: https://www.bangkokpost.com/thailand/general/2016235/infected-tourist-poses-a-high-risk

‘State transport agencies seek Bt600 billion for 2022’

Read more at: https://www.nationthailand.com/business/30397481


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