THAI Airways Forecasts Early Financial Rehab Exit

Following the relaxation of travel restrictions, the airline’s operational losses fell to 3.1 billion baht in the first quarter of this year, down from 6.9 billion baht for the same period last year.

Business Urged to Leverage 5G at Thailand 5G Summit 2022

Digital Economy and Society Minister Chaiwut Thanakamanusorn said driving digital technology and innovations is crucial for promoting the utilization of 5G, while also expanding opportunities for the business and civic sectors.

Thailand’s Competitiveness Ranking Drops Five Places to 33

The Kingdom scored 68.67 this year, a significant drop from last year’s 72.52. Thailand’s score is well below this year’s average of 70.03.

Thailand shelves 300-baht tourism fee

Tourism and Sports Minister Phiphat Ratchakitprakarn announced that the ministry has decided to withdraw the proposal to implement a tourism fee in order to conduct additional research on the matter

Parts Shortages hit Thai auto manufacturing, sales and exports

Production, local sales, and export of cars and motorcycles decreased by 31.79% in April compared to March, due to a shortage of parts that caused manufacturers to delay production.

Tourism Rebound could generate 3 trillion Baht in two years for Thailand

In 2021, Thailand recorded just 430,000 international visitors. The figure from the beginning of this year through May increased to 1.31 million, marking a positive start for 2022.

Thai Exports miss forecast over Ukraine war, China lockdown

Exports – a key driver of Thai growth – increased 9.9% in April from a year earlier, missing a forecast 14.6% rise in a Reuters poll, and against March’s 19.5% jump.