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Thailand awarded Weibo’s 2019 most popular destination for Chinese tourists

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China- Thailand was recently awarded as one of the “most anticipated and popular outbound tourist destinations of 2019” due to its high-quality content and high click-through on the Weibo Page. The award was announced at the...

12 Major Eastern Economic Corridor projects currently in the works for Chonburi District

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Chonburi/Rayong- The design around Chuk Samet pier is one of twelve major projects being planned to support the Eastern Economic Corridor (EEC) in the Chonburi district. Officials led by Saksit Sirirattanyoo, the Chief of Chonburi Town...

Bank of Thailand cuts key interest rate by 25 basis points in attempt to...

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Bangkok- The Bank of Thailand unexpectedly cut its benchmark interest rate on Wednesday, August 7th, 2019 for the first time since 2015, which should support faltering growth and weaken the strong baht. The Bank of Thailand's...

Prime Minister: Economy and tourism unaffected by insurgency, bombings

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BANGKOK, 5th August 2019 (NNT) - The Prime Minister has thanked the security authorities for ensuring the safety of people, emphasizing that the activists have not affected the economy or tourism. Mrs. Narumon Pinyosinwat, a...

Drought Disaster initial Damage estimated at 10 billion baht

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BANGKOK, 3rd August 2019 (NNT) - The latest estimate from the University of Thai Chambers of Commerce (UTCC) shows the drought disaster this year has affected some 1,330 square kilometers of farmland, most of...

Finance Minister tells people and investors not to panic over bombings, authorities can handle...

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Finance Minister Uttama Savanayana on Friday afternoon (August 2) asked people not to panic following a series of small explosions in Bangkok. Despite a drop in the SET index, Uttama said he believes that the...

LINE to bring online grocery shopping to Thailand by the end of this fiscal...

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The service — Line Man Grocery — will allow customers to have food and other items delivered, said Phichet Rerkpreecha, the CEO of Line Thailand. In addition, the company is launching Line Shopping, a platform that...

Ministry of Tourism releases official half year tourism statistics, slight increase, Indians drive tourism

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Bangkok- The first official half of the year results on total tourism in Thailand has been released by the Ministry of Tourism and shows that although demographics have changed dramatically, a slight increase year over...

New Finance Minister says he will not interfere with the Central Bank’s decisions on...

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BANGKOK (Reuters) - Thailand's new finance minister said he will not interfere in the central bank's monetary policy decisions and will let it handle the strengthening baht currency.  The ministry plans to introduce economic stimulus...

New Tourism minister says strength of Thai currency is a “big headache”for tourism

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Thailand- This report, graph Credit Bloomberg: Thailand’s tourism minister has blamed a surge in the baht for sapping tourist arrivals into Southeast Asia’s second-largest economy and says he’ll take up the matter with the central bank,...
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