Phuket business owners are pressing forward with a proposal to turn around province’s tourism industry by allowing long-stay tourists to resume visits to the southern resort island as early as November. Under the “4T” model put forward at a meeting of the provincial disease control committee, long-stay visitors have been identified as having the best potential to be welcomed. 4T, which stands for Target, Testing, Tracing and Treatment, is designed to balance public health with economic recovery, according to the province’s business community. according to president of the Phuket Tourist Association: “We should start with a small group of long-stay […]

UPDATE: Trading in Thai Airways shares was suspended by the Stock Exchange of Thailand this afternoon after auditors declined to sign off on its financial statements for the six months to June 30. Auditor Deloitte Touche Tohmatsu Jaiyos said it couldn’t reach a conclusion on the statements due to issues including a lack of liquidity and debt defaults, which created “material uncertainty” and may affect the value of assets and liabilities. ORIGINAL STORY: Embattled, bankrupt Thai Airways suffered about 28 billion baht in losses for the first 6 months of this year, mainly attributable to the Covid-19 pandemic, which has […]

Embattled, bankrupt Thai Airways suffered about 28 billion baht in losses for the first 6 months of this year, mainly attributable to the Covid-19 pandemic, which has seriously impacted its operations and crushed global travel, grounding fleets and shuttering many airlines altogether. The airline’s acting president said today that the pandemic has led to many countries, including Thailand, closing their borders and imposing lockdown measures, including travel restrictions, resulting in substantial reductions in both domestic and international travel. Thai Airways, he said, has had to reduce its flights in line with reduced passenger loads. For the first quarter of this […]