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BOI Spots Opportunities amid Disruption
December 12, 2020
The pandemic has given rise to greater investment opportunity for Thailand in medical services, wellness and high technology. The Thai government aims for next year to be a year of economic restructuring and investment with the goal being to ...
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Excise Eyes Levy Rejig to Promote EVs
December 11, 2020
The Excise Department is studying a restructuring of the entire vehicle excise tax, as it wants to gear measures to facilitate the use of electric vehicles (EVs) and reduce fossil fuel use in Thailand.
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Thailand’s Medical Hub Golden Opportunity
December 11, 2020
Another well-received “5 First S-Curve Virtual Conference” was webcast on December 4, 2020. The second episode in the series was headed, “Thailand Medical Hub: New Center of Thai Economy”.
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Thailand to Reopen to the Outside World Next Year, Minister Says
December 10, 2020
“Optimistically, I think by the second half of next year, our economy should be recovered,” Mr. Arkhom said. “We project our economic growth at about 4 percent,” the same rate of growth Thailand achieved in 2018.
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EIC: Thai Economy to Grow 3.8% in 2021
December 10, 2020
With the government’s stimulus measures being the main driver of economic recovery, the Economic Intelligence Center (EIC) of Siam Commercial Bank (SCB) has forecast that the Thai economy will grow 3.8 percent next year.
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Federation of Thai Industries Foresees Local and Global Recovery
December 09, 2020
The Federation of Thai Industries (FTI) believes Thai tourism may recover as soon as the third quarter next year as a result of the improving global economy, driven by the development of Covid-19 vaccines.
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EGAT to Scale up Robotics Innovation
December 09, 2020
State-run Electricity Generating Authority of Thailand (Egat) plans to scale up its development of innovations in energy and robotics for commercial purposes within five years
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Thailand Approves Golf Quarantine for Foreign Golfers
December 09, 2020
Published in the Royal Thai Government Gazette on 7 December, 2020, with immediate effect, the EOC announced that foreign golfers with advance arrangements for golfing in Thailand will be allowed to undergo a golf quarantine as an alternative local state quarantine option.
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Thailand Lifts Entry Restrictions for Foreign Tourists
December 09, 2020
Thailand has lifted its entry restrictions on all foreign tourists under a newly amended Special Tourist Visa (STV) long-stay program.
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