The announcement, made via the Ministry’s Facebook page reads:
Thailand will soon grant multiple-entry visas to visitors to facilitate the forthcoming ASEAN Community and to boost Thailand’s tourism industry.
The multiple-entry tourist visa (METV), costing 5,000 baht, will grant travelers multiple entries during a 6-month period, for up to 60 days per entry.
All foreign nationals are eligible to apply for METV.
Thailand’s METV will be available from 13th November 2015.
This new multiple entry tourist visa was first announced back in August but was officially confirmed earlier this week following its publication in the Government Gazette.
Source: Ministry of Foreign Affairs
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