businesses
- Thailand News
Thai tourism operators brace for impending annual low season
Thailand is set to face its annual tourism low season, warned Sisdivachr Cheewarattanaporn, the leading figure of the Association of Thai Travel Agents (ATTA). The transition into the low season comes after the country’s Songkran Holidays, a peak period for tourism. This shift leaves tourism operators grappling with the challenge of keeping their businesses afloat during the lull in tourist…
- Thailand News
Huai Khwang’s food scene hit by strict regulations, eateries close
Recent developments in Huai Khwang district have seen a wave of closures across restaurant businesses including hotpot and shabu eateries. According to the Huai Khwang District Office, scrutiny has led to the discovery that many Chinese restaurants were operating without the necessary permits. The district office mandated that all eateries obtain proper licensing but this proved challenging for some. Compliance…
- Thailand News
Thai Business Department warns against online scammers
The Department of Business Development (DBD) in Thailand issued a warning to businesses, uncovering a new ploy by online scammers that could leave unsuspecting victims in legal jeopardy. DBD Director-General Oramon Sapthaveetham sounded the alarm today, urging businesses to stay vigilant or face the consequences. According to Oramon, the DBD has been inundated with complaints from businesses targeted by fraudulent phone…
- Business News
Hong Kong bolsters business links with SE Asia and Middle East
Hong Kong is set to intensify its business ties with Southeast Asian and Middle Eastern nations, as part of its contribution to China’s Belt and Road Initiative. Nicholas Ho Lik-chi, the Commissioner for Belt and Road, has identified Malaysia, Thailand, Indonesia, Vietnam, the United Arab Emirates and Saudi Arabia as key cooperation partners for the year ahead. Ho Lik-chi oversees…
- Thailand News
Commerce Ministry’s plan to catapult SMEs to 40% GDP by 2027
The Commerce Ministry unleashed an ambitious plan to elevate small and medium-sized enterprises (SMEs) to new heights, targeting a staggering 40% contribution to the GDP by 2027. A comprehensive strategy is set to turbocharge consumption, investment, government spending, and international trade, propelling SMEs into the forefront of economic prowess. Acknowledging the pivotal role SMEs play in Thailand’s economic fabric, Commerce…
- Business News
Wage increase: Thai businesses wary of proposed 400 baht hike
The business sector expressed concerns over the possible negative effects of the proposed daily minimum wage increase to 400 baht. The announcement, made by Prime Minister Srettha Thavisin, could lead to higher costs for consumers. Industries that rely heavily on labour, such as agriculture, food export, retail trade, and construction, would be most affected by the wage increase, according to…
- Business News
Thai business department investigates 439 firms for potential nomination violations
In a move to suppress the ‘grey’ market in the fiscal year 2023, the Business Development Department (BDD) investigated 439 companies, suspecting them of acting as nominees for foreign corporations. Interestingly, legal entities potentially involved in nominee activities were discovered in Chiang Mai and Chon Buri provinces. The BDD Deputy Director-General, Jitakorn Wongkhatekorn, revealed that the agency inspected three targeted…
- Business News
Thailand sees ten-year high in new business registrations, surpasses projections
The Business Development Department of Thailand’s Commerce Ministry reported an exceedance of its new business registration projections for the first half of the year. The original estimate of 42,000 to 45,000 new registrations translated to a practical figure of 47,286. A positive development which signals a thriving entrepreneurial climate. This buoyant climate has encouraged an upward revision of predictions for…
- Covid-19 News
Lockdown decision expected tomorrow for Bangkok
A full lockdown decision is expected tomorrow for Thailand’s capital of Bangkok after record daily Covid-19 infections have sent the city into a frenzy trying to stop the spread of the virus. The Centre for Covid-19 Situation Administration is expected to make the recommendation which will be forwarded to the full committee chaired by PM Prayut Chan-o-cha. The CCSA will…
- Covid-19 News
Thai PM gives Covid curfew powers to individual provinces
Thailand’s PM Prayut Chan-o-cha is giving individual provinces the power to set curfews and other measures to contain the spread of Covid-19. PM Prayut’s Facebook page also details new guidelines for the management of hospital beds to make sure that all who are infected with the virus have access to treatment, and screening to determine whether they should be admitted…
- Songkran News
Pattaya announces plans to hold Songkran Festival
The tourist city of Pattaya is planning to hold Thai New Year, or Songkran Festival, this year as long as they receive the “go ahead” from the government. The Pattaya City Mayor, Sonthaya Khunplume, made the announcement today, saying that the water festival will be held with all the traditional activities including those taking place at temples. Songkran is the…
- Covid-19 News
54 provinces to see relaxing of disease control measures
Thailand is proposing an easing of disease control measures in 19 more provinces in an effort to resume business operations. The Centre for Covid-19 Situation Administration will consider the proposal on Monday, which would increase the number of provinces to see relaxed measures from 35 to 54. Those provinces would be listed as green zones and include: Kamphaeng Phet, Chai…
- Thailand News
198 new infections, 1 death – Thailand’s Covid-19 update
After a week of high and lows in the reporting of the latest clusters, Thailand officials are reporting 198 new infections of Covid-19 today, with 180 being locally transmitted. 69 of those local infections were found via tests at medical facilities and 111 were found by proactive testing. Most of the proactive tests were found in Samut Sakhon, where the…
- Covid-19 News
13 Bangkok businesses allowed to reopen tomorrow
Tomorrow, 13 types of businesses in Bangkok are being allowed to reopen but must have strict disease control measures in place. The Bangkok Metropolitan Administration made the decision which would undoubtedly give many businesses some relief as well as potential customers. Such businesses with restrictions include: Banquet venues, which will need authorisation from BMA for events with over 300 participants…
- Thailand News
Disease control measures ease up in Samut Sakhon
Disease control restrictions are easing up in Samut Sakhon. The coastal fishing province that has been under “maximum control” since last month’s Covid-19 outbreak at a major seafood market in the province’s Mahachai area. Salons and barber shops are now allowed to open from 6am to 9pm in all districts of Samut Sakhon, but services are limited to hair cutting,…
- Politics News
Companies pull out from Trump brand after storming of Capitol incident
Corporate America is adding its weight in response to the insurgency at the Capitol building on January 6, and are pulling out from any association with the Trump brand after the storming of the capitol incident which economists say will have a profound medium and long-term effect on his business interests. Recently, Signature Bank closed Trump’s personal accounts and the…
- Pattaya News
Pattaya – fighting to survive its Covid crisis
Pattaya, like some of Thailand’s other former tourist hotspots, is facing some critical challenges. Hundreds of thousands of workers have left the city because there’s simply no work and up to 50% of the city’s shops are closed, some never to re-open. The Thaiger filmed most of this video on a long weekend at the end of October, the busiest…
- Tourism News
Pattaya springs back to life over the long weekend, more to come
Pattaya, struggling along for the past 7 months with a handful of domestic tourists and Bangkok weekenders, has had its busiest weekend for a long time, albeit a long weekend created by the public holiday in commemoration of King Chulongkorn. Much of the increased traffic were Thai faces, a big change to the city’s old demographic of international tourists and…
- Phuket News
Phuket in a Covid Crisis – VIDEO
Phuket is facing an existential crisis. Because of its semi-isolation as an island, it doesn’t get much “passing traffic” and is too far away from Bangkok to attract much ‘weekend’ business. Whilst the borders stay closed the island’s businesses face ruin. A year ago, the streets of this tourist island were brimming with a diverse international tourism mix. In fact…
- Phuket News
Phuket hotels fighting for their lives as domestic tourism fails to support the island
In the wake of last weekend’s ministerial talkfest and discussions with local industry players on the island, Bill Barnett paints a bleak picture of a tourist island in freefall. All the shops, restaurants and hotels can’t remain empty, or merely keep their doors open with a handful of domestic customers, forever. Phuket’s hotel industry is reaching breaking point and drastic economic support…
- Covid-19 News
One third of tourism businesses could go under due to Covid-19
The president of the Tourism Council of Thailand is warning that close to a third of tourism-related businesses are likely to be permanently shuttered in the second half of this year, due to the impact of the Covid-19 crisis. Chairat Trirattanajarasporn says many will simply run out of liquidity to keep their businesses afloat and be forced to close up…
- World News
India bans TikTok among almost 60 other Chinese apps
India has decided to ban almost 60 Chinese apps, including the explosively popular TikTok and WeChat, which has left millions of users reportedly startled and disappointed. The Indian government says the apps were “prejudicing the sovereignty and integrity of India, the defence of India, and the security of state and public order.” Although TikTok has refused to share any data…
- Covid-19 News
Open for business. Just about all business restrictions in Thailand lifted from July 1.
Thailand has now gone over a month without a locally transmitted case of Covid-19, and July 1, approaching quickly, will see the resumption of all businesses and activities originally suspended under the Emergency Decree, including bars, pubs and “soapy” massage parlours. Spokesman of the Centre for Covid-19 Situation Administration Dr Taweesilp Visanuyothin made the announcement yesterday. He told the media…
- World News
Justice minister targets drug money laundering
With the government struggling to find revenue streams for its economic stimulus plans to rebuild an economy battered by Covid-19, Thailand’s justice minister thinks he has an idea to help. He wants authorities to target businesses that launder drug money from the Golden Triangle and has set a target of 1.5 billion baht by August. The minister says anti-drug forces,…
- Covid-19 News
Alcohol association begs government for trial re-opening of bars
But they know it is unlikely to happen. The Covid-19 pandemic and the ensuing Emergency Decree have caused immeasurable economic impact across the country.Probably no sectors has been harder hit than hospitality, entertainment and nightlife. Although alcohol sales appear set to resume in restaurants next week, around 10,000 pubs, bars and entertainment venues nationwide – and their many casual staff…
- Covid-19 News
Government to decide which “red” businesses can reopen in next phase
The Centre for Covid-19 Situation Administration revealed today that the government is now considering which high-risk or “red” businesses will be allowed to reopen under Phase 4 of lockdown easing. CCSA spokesman Dr Taweesin Visanuyothin says that the virus could be with us for months or even years, so the government must carefully consider which “red” high-contagion-risk businesses can reopen.…
- Covid-19 News
Gyms, fitness centres to reopen tomorrow nationwide
As tomorrow marks the beginning of Phase 3 of the easing of Covid-19 lockdown measures, many catgories of businesses will be allowed to fully reopen, though health and social distancing restrictions will remain in place. Fitness centres, including in malls, are included in that list. The reopening will include many new rules and regulations designed to stop the potential spread…
- Covid-19 News
Massage shops, boxing stadiums may be allowed to reopen next week
But we won’t know until tomorrow. Phase 3 of the easing of Covid-19 emergency measures could finally see boxing stadiums, massage parlours, spas, cinemas and tutorial schools allowed to reopen next month. Pubs, bars and nightlife venues are expected to remain closed, well that’s the rumours for now anyway. The deputy director-general of the Disease Control Department says activities and…
- Covid-19 News
Ministries, business leaders meet to discuss further reopenings
A meeting this weekend, chaired by the director-general of the Department of Disease Control and secretary to the Covid-19 Center for Situation Administration, discussed suggestions and assessments of businesses ready to reopen, which will be forwarded to the PM Prayut Chan-o-cha for consideration early in the week. Representatives of the Interior Ministry and Tourism Ministry along with those of multiple…
- Covid-19 News
May 17 target for shopping centres to re-open
The rumours have been flying since this week’s cabinet meeting about the next raft of re-openings as Thailand’s economy starts to plod back into gear. Now, after a meeting yesterday of the Centre for Covid-19 Situation Administration, there’s general consensus that shopping centres and retail stores will be able to re-open on Sunday, May 17. Of course the caveat is…
