The Tourism Authority of Thailand (TAT) plans to spur 80m domestic trips in 1H22 as the downward trend in new Covid infections helps rebuild local travel sentiment.
US offers B5.2bn to Asean: Maritime support tops summit agenda. The United States has pledged over US$150 million (5.22 billion baht) in investment to the Association of Southeast Asian Nations for maritime cooperation, infrastructure and other initiatives as it kicked off a two-day summit with the 10- member group in Washington, DC on Thursday (US local time). Bangkok Post
Fresh start seeds new trade deals: Fertiliser scoop comes after Don’s Saudi visit. The government is planning to import fertilisers from Saudi Arabia to ensure an adequate supply during the peak planting season, amid shortages in the wake of the Russia-Ukraine conflict, according to the Ministry of Foreign Affairs (MFA). Bangkok Post
Deputy PM and Foreign Affairs Ministry said Saudi Arabia is expected to provide about 200K vacancies for Thai workers as the two countries take another step closer after restoring bilateral ties.
The cabinet yesterday approved a draft budget bill for the 2023 fiscal year worth Bt3.1 trillion and gave the green light for the formation of a 64-member parliamentary committee to vet it.
Thailand has proposed a regional Covid vaccine certificate as a means to facilitate travel between Asean countries.
Mounting pressure from CPI, energy price, the global econ slowdown and the prolonged conflict between Russia and Ukraine prompted government’s planning agency to lower its GDP growth forecast yesterday to 2.5-3.5% for the year, down from the previous forecast of 3.5-4.5% in February.
The General Insurance Fund (GIF) has revised regulations to allow it to borrow more to increase liquidity in case the Office of the Insurance Commission (OIC) shuts down more insurance companies in the future, says permanent finance secretary.
PTT asked to aid relief effort: Authority shoulders B60bn to cap tariffs. The country is expected to import 10 million tonnes of LNG this year, half of which will come from long-term purchase contracts. PTT has been asked to help Electricity Generating Authority of Thailand (Egat) ease its 60-billion-baht financial burden. National oil and gas conglomerate PTT Plc has been asked to help state-run Electricity Generating Authority of Thailand (Egat) relieve its 60-billionbaht financial burden incurred by measures to alleviate rising living costs. Bangkok Post
There are no known cases of monkeypox in Thailand, Dr Yong Poovorawan, head of the Centre of Excellence in Clinical Virology at Chulalongkorn University, said yesterday.