Govt bans rallies ahead of kingdom’s reopening: The government has issued a fresh order banning rallies and activities deemed at risk of spreading Covid-19 across the country ahead of the kingdom’s upcoming reopening to international travellers. Bangkok Post
Suvarnabhumi to welcome 30K passengers on Monday: The Airports of Thailand (AoT) says its six international airports are ready to welcome passengers as it expects 30,000 passengers to arrive at Suvarnabhumi airport on Monday, the day of the country’s reopening to foreign tourists. Bangkok Post
EEC construction permits up in H1: The number of residential construction permits in Eastern Economic Corridor (EEC) provinces grew in the first half of 2021, along with a rise in new business registrations, both driven solely by Chon Buri. Vichai Viratkapan, acting directorgeneral of the Real Estate Information Center (REIC), said Chon Buri was the only province in the EEC which saw residential construction permits rise in the first half. Bangkok Post
Revenue collection falls below target: The government’s total revenue collection in fiscal 2021 ending on Sept 30 was 2.36 trillion baht, falling short of the target by 11.5%, mainly as a result of the impact of the prolonged Covid-19 pandemic on the economy, said Pornchai Thiraveja, director-general of the Fiscal Policy Office (FPO). Bangkok Post
Gold demand falls amid ETF outflows: Third-quarter global gold demand dropped 13% quarter-onquarter, primarily due to the pandemic and outflows from gold exchange-traded funds (ETFs), according to the World Gold Council (WGC). Bangkok Post
JSCCIB raises GDP growth forecast to 0.5-1.5% this year: The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has revised up its GDP growth forecast to 0.5-1.5% this year, up from 0-1%, as it expects better business prospects stemming from the reopening of the country and stimulus measures. Bangkok Post
Investment set to hit Bt600bn: Tally close to value achieved in 2019. The government is feeling upbeat about this year’s investment prospects, projecting applications filed through the Board of Investment (BoI) reaching 600 billion baht by the year-end, which is close to the value achieved in 2019. Bangkok Post
Media spending set to surge: Thailand’s media spending is expected to register double-digit growth next year, supported by the country’s reopening and state stimulus schemes, said Media Intelligence Group (MI), a media planning and creative agency. Spending on internet media is expected to reach 27 billion baht in 2022, accounting for 32% of total media spending, while television’s share of media spending is likely to fall below 50% for the first time. Bangkok Post
Farmers call for rice price fix: Jurin hopes weaker baht will boost exports. Oversupply of rice, the stronger baht, and a shortage of shipping containers are to blame for the falling price of Thai rice which has prompted farmers to demand the government step in to fix the problem urgently. Bangkok Post
Loss seen if diesel excise tax cut: No revenue options seen to offset losses. If the diesel excise tax is cut by 5 baht per litre to peg the retail price at 25 baht per litre, it will cost the state up to 150 billion baht. If Thailand lowers the diesel excise tax by 5 baht per litre to peg the retail diesel price at 25 baht per litre, this will cost the state coffers up to 150 billion baht, said a Finance Ministry source, who requested anonymity. Bangkok Post
“and activities deemed at risk of spreading Covid-19 across the country ahead of the kingdom’s upcoming reopening to international travellers. ” Hard to believe as Pattaya had a huge music festival over the weekend and both Pattaya and Jomtien were full of people, cars, food carts and fun.
kelvin bamfield
“and activities deemed at risk of spreading Covid-19 across the country ahead of the kingdom’s upcoming reopening to international travellers. ” Hard to believe as Pattaya had a huge music festival over the weekend and both Pattaya and Jomtien were full of people, cars, food carts and fun.
Pon
Wonderful to hear!