Thailand lowered its export growth forecast for this year from 12.8 to 4.5 per cent, with an economic expansion of 5.69 per cent.Fiscal Policy Office Director Somchai Sujjapongse said the percentage in response to Europes debt crisis and the worlds economic problems.
However, he said the commerce ministrys export growth target remains unchanged at 15 per cent in order to drive the work of officials to achieve the goal.Mr Somchai said he had reported to Prime Minister Yingluck Shinawatra on the German Federal Constitutional Courts ruling Wednesday on the European Stability Mechanism ESM ratification in order to help bring economic governance to countries in the euro zon
How the COVID-19 situation may affect Thailand’s export sector
Thailand’s export sector could face damage of 200-300 billion baht if the situation cannot be brought under control within six months.
The Thai National Shippers’ Council has raised a concern that the export sector might face a 200-300 billion baht toll should the COVID-19 situation not be brought under control in six months, urging the government to speed up the vaccine rollout to all segments of the population.(more…)
Pandemic drives sea freight prices to record high
The Covid-19 pandemic, which initially brought global shipping to a virtual standstill, did not bode well for the industry and led to “an unprecedented drop in demand”
The Bachelor Japan Season 4 showcases Thailand
Bangkok, 2 December, 2021 – The Tourism Authority of Thailand (TAT) is pleased to report that Thailand features as the...
ASEAN commemorates Youth in Climate Action and Disaster Resilience Day 2021
An intergenerational dialogue titled ‘Teaming up with You(th) for a Disaster-Resilient and Climate-Friendly ASEAN’, was moderated by the ASEAN Youth...
Thai Cabinet reverses CCSA relaxation of on-arrival Covid testing protocol
The Center for COVID-19 Situation Administration’s approval of the relaxed testing requirement has been overturned by the Cabinet in light...
Insights into the impact of COVID-19 on Thailand’s households
In April 2020, the Thai government passed a 1 trillion baht borrowing decree to address health needs, provide relief, and...
COVID-19 vaccine guide for travellers to Thailand
International travellers, including returning Thais and foreign residents, who are above 18 years of age should get fully vaccinated for...