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TAT launches “White Vest” tourism campaign

Jack Burton

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TAT launches “White Vest” tourism campaign | Thaiger
PHOTO: Daily News

The Tourism Authority of Thailand this week launched its “White Vest” tourism campaign this week, based on intensive training to promote safety, hygiene and world class customer service at tourist spots throughout the country.

Those who pass the campaign will be awarded a white vest and a certified ID badge that they can wear to signify to all tourists, both foreign and domestic, that they are highly trained in customer service and safety and hygiene skills.

The TAT is starting the newest campaign with training beach vendors, including chair and bed vendors, across the country. Tourists will be instructed to look for vendors wearing the vest as this will signify they have passed the intensive training courses.

The Minister of Tourism and Sports says the initiative is the first effort to improve the Thai tourism sector in the post-Covid era, before the country fully reopens to international visitors. A TAT press release says:

“The campaign will target individual tourism businesses and workers in direct contact with tourists, such as retail vendors, beach chair renters, and parking providers, who have not been covered in previous tourism quality improvement campaigns.”

“Under this campaign, workshops will be arranged at key tourism destinations across the country, providing targetted businesses and workers training on general management, accounting, capital management, health and hygiene, and hospitality.”

The TAT hopes visitors and tourists who have previously lodged complaints or concerns about the customer service level at resorts will seek out those in white vests to ensure the best possible experience.

SOURCE: The Pattaya News

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8 Comments

8 Comments

  1. Avatar

    Kenneth Brewster

    Saturday, August 29, 2020 at 4:51 pm

    According to Collins English dictionary the definition of a vest is an undergarment worn on the top half of the body. Perhaps that is why they are not featured/visible in the photograph. Otherwise sounds like a good idea but please, lets have some clarity.

    • Avatar

      Max

      Sunday, August 30, 2020 at 1:54 pm

      Maybe you should read this instead:
      Vest:
      “a: a sleeveless garment for the upper body usually worn over a shirt
      b: a protective usually sleeveless garment (such as a life preserver) that extends to the waist
      c: an insulated sleeveless waist-length garment often worn under or in place of a coat”

  2. Avatar

    Bob Ume

    Sunday, August 30, 2020 at 7:59 am

    Important Thai people in a group photo with a big banners… Big ideas and a press release, then nothing happens, nothing. Seen it so many times.

  3. Avatar

    Jordan Leach-Berube

    Sunday, August 30, 2020 at 10:55 am

    What? A vest is an overcoat or jacket without sleeves. A sleeveless undergarment is a tank-top.

    • Avatar

      Toby Andrews

      Tuesday, September 1, 2020 at 12:08 pm

      Still it be someone to go to when a Thai has shortchanged the tourist.

  4. Avatar

    Mike

    Sunday, August 30, 2020 at 12:26 pm

    World class service would include speaking English properly and no Thai does.
    Even Vietnamese speak better English.

  5. Avatar

    M

    Sunday, August 30, 2020 at 3:19 pm

    In other news, Lazada report a huge jump in searches for “white vest”…..because that’s how effective that idea will be.

  6. Avatar

    TS

    Tuesday, September 1, 2020 at 10:25 am

    throwing yet another turd on the wall to see if it sticks?

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Jack Burton is an American writer, broadcaster, linguist and journalist who has lived in Asia since 1987. A native of the state of Georgia, he attended the The University of Georgia's Henry Grady School of Journalism, which hands out journalism's prestigious Peabody Awards. His works have appeared in The China Post, The South China Morning Post, The International Herald Tribune and many magazines throughout Asia and the world. He is fluent in Mandarin and has appeared on television and radio for decades in Taiwan, Mainland China, Hong Kong and Macau.

Economy

Officials not worried Thailand remains on US currency watch list

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Officials not worried Thailand remains on US currency watch list | Thaiger
PHOTO: Thailand is on the watch list for possible currency manipulation.

Thailand remains on the United States Treasury’s “Monitoring List” of countries whose currency trade practices need to be watched, though Thai officials say they are not worried. US Treasury Secretary Janet Yellen releases a foreign exchange report twice a year including labelling alleged currency manipulators and flagging suspect trading partner countries to be monitored.

The Bank of Thailand said remaining on the US currency watch list poses no threat to Thai businesses or the government’s ability to enact policies to promote financial stability. They stress that Thailand has never manipulated currency, using the exchange rate to get a competitive edge or an unfair trade advantage over other countries.

This most recent report tags 11 countries as warranting a closer watch: China, Germany, India, Ireland, Italy, Japan, Malaysia, Mexico, Singapore, South Korea, and Thailand. Mexico and Ireland were the 2 new inclusions, not on the previous report in December 2020. Also in the report, the US Treasury Department toed the line of accusing Switzerland, Taiwan, and Vietnam of manipulating currency.

They stated yesterday that the 3 countries had crossed the line of 2015 US trade laws, but didn’t officially brand them as currency manipulators. The thresholds of that 2015 rule include either global current account surplus or foreign currency intervention over 2% of GDP, and having a trade surplus with the US over US $20 billion trade.

The flagging of Taiwan, Vietnam and Switzerland falls short of applying the manipulator label due to a 1988 law requiring evidence of manipulation to stop balance of payment adjustments or to gain a trade advantage. The US is already engaged in talks with Vietnam and Switzerland and will enter into “enhanced engagement” with Taiwan as well. Not being upgraded to the manipulator title relieves pressure from Switzerland and Vietnam, who both received the label in the last report issued by the Trump administration.

SOURCE: Yahoo Finance and Live Mint

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Thailand

Covid-19 brings surge in gold and cryptocurrency investment

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Covid-19 brings surge in gold and cryptocurrency investment | Thaiger
PHOTO: Gold and cryptocurrency are booming in pandemic times

In the uncertain times of the Covid-19 pandemic, investors are leaning towards safe investments like gold and also the emerging cryptocurrency market. Gold prices hit a 7 week high at over 55,000 baht on Thursday and around April 15 online gold transactions in Thailand doubled. One reason for the rise in gold price is uncertainty, with tensions growing between the US and Russia. Speculators believe gold may reach up to US $1800 during 2021 due mostly to more international tension between the US and China, and the US bond yields on the decline.

Online trading has seen a huge increase, as investors are closely monitoring gold prices, perhaps because they’re stuck at home and on the internet much more during the Covid-19 pandemic. New online accounts are growing as is the trading volume for online gold purchases.

Meanwhile, cryptocurrency has surged in investors and trading to an all-time high, again partially due to the coronavirus pandemic. Bitcoin reached a record price of over 2 million baht per coin this week. And many altcoins are gaining in popularity. The online trading platforms and exchanges for most crypto were not restricted by Covid-19 so the industry is swelling. Coinbase, the biggest cryptocurrency exchange in the United States went public on the NASDAQ stock market on April 14th. Last year’s total revenue for the popular exchange was US $1.2 billion, but the public offering reported earnings of $1.8 billion in the first quarter of 2021 alone.

While gold and cryptocurrency has become a popular way to make money during the pandemic, not all cryptos are created equal and most fail. Watchers have seen a 1 to 2% success rate out of the over 9,000 altcoins that have been created in the crypto boom. Advisors suggest cautious trading and investing in only the top few hundred altcoins.

With online gold trading and cryptocurrency surging ahead, the contrast is stark to brick and mortar industries decimated by Covid-19. Retail, tourism, and traditional banking have all taken massive hits. Kasikorn Bank dropped nearly 3% in the stock market. Only global oil, petrochemical, and electronics success have helped to bolster the Stock Exchange Thailand Index, with PTT Exploration and Production stock climbing over 4%. Covid-19 related industries such as rubber glove suppliers are flourishing with investors speculating on further growth if the third wave continues to spread. Overall though, the stock market rose half a per cent with the announcement that there will not be a Covid-19 lockdown just yet.

SOURCE: Bangkok Post

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Economy

China grows 18.3%, the only major economy to grow in 2020

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China grows 18.3%, the only major economy to grow in 2020 | Thaiger
PHOTO: China - the second largest economy, and only major economy to grow last year.

China’s economy set a record for growth in Q1, 2021, marking an 18.3% jump in year-on-year figures, the biggest quarterly growth in almost 30 years. China only started publishing growth statistics in 1992, and this drastic increase is the fastest growth recorded since then.

The figures, however impressive, are mainly due to what is called a “low base effect” where the change from a low starting point translates into big percentage statistics. Because of the devastating economic effects of the Covid-19 pandemic, the Q1 2020 figures were dismal, allowing the big gain over the last year.

Quarter to quarter, the last 3 months saw only a 0.6% growth, but in the last quarter of 2020 China recorded an economic boom of 6.5% according to the Chinese government. Still, the figures are admirable, as China was the only major economy in the world to achieve growth in 2020. Most of the planet struggled to contain global Covid-19 outbreaks, crippling economies across the globe. But China, now the second-largest economy in the world, managed a 2.3% overall expansion. Even Chinese officials called the impressive statistics “better than we had expected.”

China has been growing in terms of imports and exports as well, with exports expanding nearly 31% and imports up 38% by price over last years.

SOURCE: CNN

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