Category archives: Business

Thai manufacturers and exporters have to improve their competitiveness in the European market after the EU-Vietnam free-trade agreement (FTA) became effective in August 2020. Trade Negotiations Department Director-General Auramon Supthaweethum said EU buyers may consider importing products from Vietnam instead of Thailand if they find cheaper goods there. According to…

Phuket governor Narong Woonciew has agreed to relax 14-day quarantine measures for visitors from Bangkok and 20 other provinces. He said visitors from these provinces are required to strictly follow strict measures under the new normal, including wearing masks, avoiding crowds and observing their health. However, travellers from the 7…

The Interior Ministry has ordered local government organizations nationwide to postpone the collection of land and building tax of 2021 for 2 months. The order aims to alleviate the financial burden of people during a new wave of COVID-19 outbreak as the owners would have had to pay the tax…

Wholesale market Talaad Thai, has opened a rent free zone for seafood farmers affected by the current COVID-19 outbreak, providing them with rent free retail booths for three months starting from 20th January. Talaad Thai has joined forces with the Department of Fisheries and the Department of Internal Trade to…

Despite a new and wider wave of COVID-19 infections in the country, the Bank of Thailand (BoT) has assessed that the economic impact of the situation will not be as severe as the first wave as the effects of the virus are not as pronounced, and public health preparations, including…

Concerns surrounding the new outbreak of COVID-19 in Thailand have directly impacted the economy, with New Year events cancelled and the tourism industry once again at a standstill. These conditions have caused the December 2020 Thai Chamber of Commerce Confidence Index (TCC-CI) to plummet to a 6-month low. The University…