Business News form Siam News Network
Bangkok, 23 November, 2021 – The Tourism Authority of Thailand (TAT) would like to advise that tourists can now preregister for visiting national parks in Thailand up to 60 days in advance via the mobile application QueQ, from the previous…
On October 28, 2021, Cambodia issued its tenth round of stimulus measures to help specific industries mitigate the economic impact caused by the ongoing pandemic. These latest measures are an extension of the support provided in the ninth stimulus package,…
The economy of the APEC region is expected to grow by 6 percent in 2021 and will settle at 4.9 percent in 2022 in anticipation of the unwinding of fiscal and monetary support measures, says a newly published report on economic trends…
Thailand has launched an ambitious plan to reopen its borders to tourists. The hospitality industry has been ravaged by travel restrictions since March 2020 when drastic measures were taken to slow the progress of the COVID-19 pandemic. The November 1…
Could resolve South China Sea issues, boost trade, and align regional security China is looking to upgrade its ASEAN ties to a “Strategic Comprehensive Partnership”. It already has an extensive free trade agreement with the bloc, whose members include Brunei,…
BEIJING (Reuters) – China’s economy hit its slowest pace of growth in a year in the third quarter, hurt by power shortages, supply chain bottlenecks and major wobbles in the property market and raising pressure on policymakers to do more to prop up the faltering recovery. Data…
After 18 months of travel restrictions, a number of countries in South-east Asia have begun opening their borders to foreign visitors to stoke recovery in their respective tourism industries. In late September Thailand announced a four-phase plan to reopen the…
The Siam Commercial Bank (SCB), one of Thailand’s largest commercial banks, said in its latest economic outlook report that the country’s economy may wait until the second semester of 2023 to return to 2019 growth levels. The SCB Economic Intelligence…
Standard and Poor’s (S&P) maintained Thailand’s credit rating at BBB+ . The global rating firm expects the country’s gross domestic product (GDP) to grow at 1.1% this year, with a more optimistic growth at 3.6% per year from 2022 to…
The World Bank has said that Thailand’s economy is forecast to grow 1% this year, down from the 2.2% projected in July, hit by a spike in COVID-19 cases and a delayed reopening to visitors. World Bank has slashed Thailand’s…