Showing 51-60 of 158 results
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Arkhom: 40m arrivals by 2024
Business, Wichit Chantanusornsiri, Published on 25/03/2021
» Thailand is expected to return to the pre-pandemic level of international arrivals of almost 40 million in five years, according to Finance Minister Arkhom Termpittayapaisith.
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Growth hinges on inoculation, foreign arrivals, exports
Business, Wichit Chantanusornsiri, Published on 25/02/2021
» Domestic virus inoculation, foreign tourist arrivals and export growth are among the key variables determining the revision of GDP growth outlook this year, says the Fiscal Policy Office (FPO).
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FPO slashes growth forecast to 2.8% on low tourism figures
Business, Wichit Chantanusornsiri, Published on 29/01/2021
» The Finance Ministry's Fiscal Policy Office (FPO) has slashed Thailand's economic growth forecast to less than 3% this year as projected foreign tourist arrivals are substantially lower given the second wave of the pandemic.
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Finance Ministry gauging need for further stimulus
Business, Wichit Chantanusornsiri, Published on 21/01/2021
» The Finance Ministry plans on assessing economic conditions over the next two months before deciding whether to roll out further stimulus measures.
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Changes to 'We Travel Together'
News, Wichit Chantanusornsiri, Published on 30/12/2020
» Thai tourists who make hotel bookings under the Rao Tiew Duay Kan (We Travel Together) co-payment scheme will be able to postpone or cancel reservations if they have health concerns following the new wave of local Covid-19 infections.
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FPO upbeat on 2021 forecast
Business, Wichit Chantanusornsiri, Published on 29/12/2020
» Despite a new round of outbreaks in Thailand, the Fiscal Policy Office (FPO) is still optimistic about next year's economic outlook thanks to improved exports and a tourism recovery supported by vaccinations.
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Ministry sees four-year test for tourism sector
Business, Wichit Chantanusornsiri, Published on 03/12/2020
» The tourism industry, which accounts for 12% of Thailand's GDP, is expected to take at least four years to recover to the pre-pandemic levels, says the Finance Ministry.
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FPO sees rally in last quarter
Business, Wichit Chantanusornsiri, Published on 28/11/2020
» Thailand's economy is expected to benefit from the government's consumption stimulus measures and a recovery in exports this quarter, says the Fiscal Policy Office (FPO).
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Treasury called for appraisal
Business, Wichit Chantanusornsiri, Published on 11/11/2020
» Finance Minister Arkhom Termpittayapaisith has requested the Treasury Department estimate the appraisal value of land situated in locations benefiting from the government's development projects, aiming to determine the market price.
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Tax revenue held back by pandemic
Business, Wichit Chantanusornsiri, Published on 02/11/2020
» Tax revenue from private consumption and personal and corporate income will not reach the levels seen during the pre-pandemic period until a vaccine is successfully developed, says the Revenue Department.
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