Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts

Monday 27 November 2023

Visa-free Travel policies boost global tourism and economy in #Thailand

 


Countries worldwide are recognising the importance of travel freedom in bolstering their economies and accelerating the recovery post-pandemic. As tourism and trade flourish without border restrictions, governments are implementing strategies to enhance their tourism competitiveness, such as visa-free travel policies and the digitalisation of pre-travel processes.

Prominent countries like China and India, with their vast populations, are primary targets for countries seeking to increase their visitor numbers. Last year, Kazakhstan introduced a visa-free scheme for Chinese, Indian and Iranian visitors, and China reciprocated for Kazakh visitors. Likewise, a mutual agreement was signed allowing Maldivian and Chinese tourists visa-free travel from this year. Additionally, Sri Lanka granted temporary visa-free travel to seven countries, including China and India.

Thailand’s government also offers a temporary visa exemption for visitors from China, India, Kazakhstan, and Taiwan, with a 30-day stay per entry. The visa-free travel policy resulted in a 26% increase in searches for Thailand among Indian and Taiwanese travellers, according to online travel agent Agoda. The country currently allows 61 countries and territories to visit without a visa.

Adith Chairattananon, honorary secretary-general of the Association of Thai Travel Agents, believes visa exemptions will contribute to tourism momentum into the next year. The exemptions, he says, will help dispel negative images about Thai tourism and convince potential tourists they are welcome.

Extending the period of stay can also spur tourism expenditure. For instance, Malaysia extended the stay period for Hong Kong nationals to 90 days, up from 30, while Vietnam revised its visa-free stays to 45 days from 15 for certain nations.

Source - The Thaiger

Tuesday 7 November 2023

#THAILAND - Other provinces demand extended nightlife hours too

 


What about us?!

With nightlife venues in Phuket, Chon Buri, Bangkok and Chiang Mai being granted extended opening hours, other provinces want to do the same. From December 15, bars and clubs in 4 popular tourism provinces can remain open until 4am (previously 2am) for a trial period.

The move is one of several introduced by PM Srettha Thavisin, in a bid to boost Thailand’s economy and the tourism sector. It is not yet known how long the trial will last and if or when it will be extended nationwide.

Nightlife operator Pichanont Ingprasarn, who co-owns a number of venues in the eastern provinces of Trat, Chanthaburi and Rayong, says he’s hopeful the government will extend the later hours to other parts of the country, if it proves to be advantageous for tourism and the economy.

“If the extension boosts tourism and local economy in the four provinces, other provinces should also be allowed to add opening hours. The government should look at other provinces with the potential for tourism growth, such as Rayong and Trat, which have tourist attractions (such as Koh Chang in Trat). Nightlife venues there are also the targets of foreign tourists.”

The nightlife operator goes on to say that more venues on Koh Chang should be eligible to apply for operating licences, adding that stricter law enforcement is required to prevent underage drinking and other issues.

Meanwhile, tourism operators on Koh Samui want to know when the island’s nightlife venues will be allowed to open for longer. Ratchaporn Poonsawat from the Koh Samui Tourism Association says despite talks that stretch back to the previous administration, Koh Samui has been excluded from the latest trial, despite being a popular tourism destination.

Source - Phuket.Go

Thursday 8 December 2022

Christmas present to Phuket motorists: Patong Hill road to reopen


 Good news for motorists in Phuket, Patong Hill road is expected to fully reopen to all traffic on Christmas Day.

The road between Kathu and Patong was closed after it was hit by a landslide during a deluge of heavy rain in October. The road is only partially open at the moment but the Mayor of Kathu, Chai-anan Sutthikul, reported today that repairs to the road were almost finished, said Bangkok Post.

“The road’s foundation has been filled and strengthened and repair work is almost done.

“When completed, the road’s width will be increased by 7 metres in that section, making it safer, stronger and more durable.”

The mayor revealed he expected the 21 million baht project to be finished before December 24 and within the 45-day timeframe set in the contract.

“If there is no rain, the work could even be finished on December 20.”

The Provincial Electricity Authority’s Phuket office announced it will install new power poles and CCTV to monitor the repaired section of the road.

A survey on November 7 revealed that about 70,000 round trips were made on the hill road each day, about 35,000 each way.

A landslide caused the Kathu-Patong Road to close on October 19 causing chaos to motorists and travellers trying to reach Phuket Airport. Road workers were able to clean up and stabilise the roadway to allow motorbikes to pass in both directions over Patong Hill a week later on October 26.

Then on November 4, small cars were permitted to travel over Patong Hill before the road was fully reopened to vans and pickup trucks with restrictions.

The mayor said the two alternative routes to Patong beach – Go-kart in Kathu district to Chao Phor Sue shrine in Patong, and Wat Bang Thong in Kathu to Chao Phor Sue shrine – were not far from Patong but the roads were rather steep and were best used in times of emergency.

Chai-anan added that he is still in talks with the provincial electricity office about installing lighting along the two routes.

Source - The Thaiiger

YOUR AFFILIATE / REFERRAL LINK HERE

.


Sunday 4 December 2022

Thai baht soars to six-month high against US dollar

The Thai baht opened at 34.78 against the US dollar today, strengthening from yesterday’s close of 35 to a six-month high.

The baht’s sudden rise is down to the Bank of Thailand’s (BOT) hiking the policy rate by a quarter point earlier this week.

The BOT remains committed to a gradual monetary tightening policy, raising the policy rate from 1% to 1.25% on Wednesday.

Economic growth this year is expected to be at 3.2%, lower than the prior projection of 3.3%, according to the central bank. The BOT also cut its 2023 growth forecast to 3.7% from 3.8%.

Thailand’s currency is facing pressure from the depreciating US dollar, gold sales, and foreign investors possibly buying more Thai bonds amid continuous drops in the US 10-Year bond yields.

Investors might want to sell the baht now as it edges near the support level of 34.75. Once it hits the support level, it could depreciate again.

Although, US labour data coming out this weak could impact the baht’s value. Low employment rates could help the baht but high levels of employment could weaken the baht, so it’s up to investors whether to hold out and see.

Krungthai market specialist Poon Panichpibool advised investors to use hedging tools in the highly-volatile currency market.

Economists have high hopes for the baht in the long run. Capital Market Research Specialist at Kasikorn Bank Kittika Boonsrang predicts…

“I expect the Thai baht to get a high that could be around 33.50 to 34.00 per US dollar by the end of next year.”

The forecast will only be achievable if Thailand pumps up exports and ramps up tourist arrivals, added Kittika.

Other regional currencies have also strengthened against the greenback amid hopes that China will ease up their Covid-19 restrictions.

Currencies have been highly sensitive to the Federal Reserve’s aggressive monetary tightening this year which was designed to fix high inflation rates in the US.


Source - The Thaiger

YOUR AFFILIATE / REFERRAL LINK HERE

.

Sunday 6 March 2022

Travel in 2022 – how Russia is reshaping the world’s travel industry

Russians were the most visible travellers heading to Thailand post February 1, 2022, when the Thailand Pass Test & Go option was rebooted. Even with its 2 days of pre-booked SHA+ quarantine and PCR tests, along with US$50,000 Covid insurance (which has since been reduced to $20,000), the Russian travelers were delighted to jump on a plane and take the long trip to the much warmer Land of Smiles.

That situation has now radically changed and the world is reverberating to the full impact of Russia’s aggression and the invasion of Ukraine.

Now there’s a mere trickle of daily flights between Russia and either Suvarnabhumi or Phuket in Thailand. Whilst much of the rest of the world have said ’nyet’ to the arrival of any planes from Russia, Thailand is still allowing them to arrive. But even if the planes are still coming (albeit in vastly reduced numbers), the pressure of world sanctions, bans and the plunge of the Russian Ruble has already made the decision for any potential Russian travelers.

Now, the latest data from ForwardKeys, shows that the Russian invasion of Ukraine, now into its 9th day, has prompted an instant spike in flight cancellations to and from Russia, worldwide. On the day after the first tanks rolled into Ukraine, every booking that was made for travel to Russia was outweighed by six cancellations of existing bookings.

Russians escaping their bleak winter and heading to sunnier destinations were suddenly cancelling their trips. The cancellation rates between February 24 – 26 were Cyprus (300%), Egypt (234%), Turkey (153%), the UK (153%), Armenia (200%), and Maldives (165%).

Bookings for March, April and May were already reaching 32% of the pre-Covid levels of travel for outbound Russians. They were heading to Mexico, Seychelles, Eygpt and Maldives. And Thailand.

The outlook for Q3 this year was looking even stronger.

All that Russian travel enthusiasm has now collapsed and, given the harsh economic weapons thrown at Vladimir Putin, his banks, his ‘friends’ and his citizens, any recovery will be a long, long way down the track. Even if there was a swift and unexpected reversal of the Ukraine situation, Russia has already been dealt a fatal economic blow – in just one week the country been turned into a pariah state and much of the rest of the world seems happy to punish the entire country for Putin’s violence.

For countries like the Seychelles, Maldives and Cyprus, Russian arrivals represented a high percentage of their international arrivals. In Thailand that was about 8% of the total tourist mix. And, whilst the Chinese are still in China for at least the rest of this year, the loss of the Russian travel market probably represented an even higher percentage of tourists that won’t be coming to Thailand in 2022.


Sourse - The Thaiger

According to ForwardKeys, before Russia invaded Ukraine, the top twenty destinations most booked by Russian travelers in March, April and May were…. Number one, Turkey, then the UAE, the Maldives, Thailand, Greece, Egypt, Cyprus, Armenia, Seychelles, Sri Lanka, Hungary, Bulgaria, Mexico, Spain, Azerbaijan, USA, UK, Qatar, Italy and Uzbekistan.

The world travel industry will be further hit by rising airfares (due to the sharp surge in oil prices), cancellations of routes (across Eastern Europe), a higher resistance to international travel (for perceived safety reasons) and a lingering instability in world politics.

While the Thailand Pass is still seen by many potential travelers as a significant barrier to their choice of Thailand as their next travel destination, and the Russian and Chinese traveler-tap turned off, Thailand’s immediate travel future looks bleak. And this follows nearly 2 years of border closures, false restarts, over-hyped TAT arrival projections and the former Thai tourism workforce heading home to find other work.

The loss of the Russian travelers underscores a critical need for the Thai government to quickly modify the Thailand Pass, or scrap it completely. With so many other factors now making international travel difficult, Thailand will have to rethink their short to medium term tourism strategies to retain its share of the international travel market.

Of course there is no comparison of the humanitarian tragedy underway inside the borders of Ukraine at this time, but Russia’s aggression will likely have much more long-term, and far-reaching, effects than the clear and present danger it poses on the Ukranian nation right now.

VISA AGENT  /  How to register for: THAI PASS - TEST & GO


Thursday 24 February 2022

Thailand Eases Entry Rules to Reboot Tourism

Thailand will further relax entry rules for foreign visitors starting next month, bowing to demand from the local tourism industry to lower costs as more countries ease border controls to lure holidaymakers.
Vaccinated visitors to the Southeast Asian nation won’t be required to undergo a mandatory polymerase chain reaction test on the fifth day of the arrival starting March 1.

Instead, they can do a self antigen test, scrapping the requirement to have a confirmed hotel reservation for the test.

The Center for Covid-19 Situation Administration, Thailand’s main virus task force chaired by Prime Minister Prayuth Chan-Ocha, also lowered the minimum medical insurance coverage for visitors to $20,000 from $50,000.

Thailand is making it easier for travelers to its famed beaches, Buddhist temples and national parks after nearly two years of tight border curbs decimated its tourism industry.

While the nation is battling a spike in omicron-led Covid cases, low mortality rate compared to the peak delta wave means healthcare facilities can cope up with the outbreak, Taweesilp Visanuyothin, a spokesman for the task force, said at a briefing Wednesday.

Thailand saw its Covid cases jump to 21,232 on Wednesday, a six-month high, but the deaths stood at 39, compared with more than 300 a day during the peak of the delta wave in August.

The baht rallied as much as 0.4% on expectation easier visa rules will boost the country’s current-account surplus. The currency traded at 32.329 to a U.S. dollar, extending gains this year to 3.3%.

Tourism-reliant Thailand has been experimenting with several plans in recent month to try to revive the travel sector that used to contribute to about one-fifth of its economy, with 40 million foreign tourists generating more than $60 billion in 2019.

The country has cleared about 302,000 visitors under its so-called “Test & Go” program since it was reopened for a second time on Feb. 1, according to Taweesilp.

Bangkok, the nation’s capital city, eastern province Chonburi and resort island Phuket received the most travelers under the plan, he said.

Source - BangkokJack

VISA AGENT  /  How to register for: THAI PASS

Saturday 18 December 2021

British Airways suspends all flights to Bangkok until Oct 2022

British Airways has suspended all direct flights from the UK to Bangkok until October 2022.

Reports of the cancellations first surfaced on social media earlier this week.

Travel site, The Points Guy, then received confirmation from BA that the flights have been canceled.

A spokesperson for BA said: “We apologise to customers whose travel plans are disrupted. Where a customer’s flight is cancelled, we always contact them to offer options including a full refund.  Customers who are unable to travel, or choose not to, can also continue to change their flights or request a voucher for future use as part of our Book with Confidence policy, which has been available since the beginning of the pandemic.”

Passengers have also posted on the FlyerTalk forum to say they had received confirmation from British Airways that their flights to Bangkok had been canceled.

As an alternative, passengers had been offered flights to Doha with Qatar with a connecting flight to Bangkok.

One passenger wrote: So I’m on the phone to BA now. We were booked on Avios outbound Mar 23 and return Apr 5, both cancelled of course. The slightly unhelpful Gold line agent lady says we can get you out on Qatar but the alternative carrier policy is only to Mar 31 so we can’t bring you back! I’m now talking with a supervisor who’s checking with the global team. Any advice appreciated…”

The news comes as British Airways announced earlier this month that it was scrapping more than 2,000 flights from its schedule between now and March next year.

The cancellation of flights was due to reduced demand for air travel during the ongoing pandemic.

Aviation website Simply Flying reported that data from Cirium revealed that BA had cut 2,144 flights from its winter schedule.

Flights have been canceled on domestic, short haul and long haul routes.

Passengers affected by the cancellations are advised to check the status of their bookings via the BA website. Passengers who were due to travel before 31 August 2022 can apply for a voucher that is valid until 30 September 2023.


Source - ASIAN NOW

VISA AGENT  /  How to register for: THAI PASS

.

Wednesday 8 December 2021

Reviving Thai tourism may take years

 The government’s plan to end quarantine for vaccinated visitors is “a fight to win foreign tourists,” Tourism and Sports Minister Phiphat Ratchakitprakarn said.
But analysts and industry executives see it as a long road to recovery fraught with risks of periodic virus resurgence and unpredictable travel trends.

A return to the pre-pandemic levels of tourist arrivals and spending will likely take a few years, according to Marisa Sukosol Nunbhakdi, the president of the Thai Hotels Association.

It’s unlikely that large groups of visitors will immediately head to Thailand given the volatile nature of global travel and the coronavirus situation, she said.

“The light at the end of the tunnel is here, but at the same time it will be a slow climb back to the levels seen before the pandemic,” Ms Marisa said.

“Travel is still so volatile so we have to manage our risks. Keeping costs low will still remain a key strategy for all the hotels in Thailand.”

Thailand will end quarantine for vaccinated visitors from low-risk nations from Nov 1, joining a growing list of nations reopening to cross-border travellers ahead of the year-end holiday season, Prime Minister Prayut Chan-o-cha said Monday.

The surprise announcement saw the nation’s currency surge the most in more than two weeks, and stocks of airport operators, hotels and airlines rally to lift the benchmark index to a one-month high.

Ekasit Kunadirekwong (analyst, Krungsri Securities):
With the “bold move,” tourism recovery is expected to accelerate in the fourth quarter along with rising vaccination rate and roll-out of booster shots.

Thailand’s low vaccination rate of 32% could lead to a spike in new cases upon reopening for inbound travellers and easing of restrictions for business activities.

Krungsri expects Thailand’s population to reach 70% vaccination rate by year-end with tourist arrivals forecast maintained at 300,000 this year, 14 million in 2022, 34 million in 2023 and a rebound to pre-pandemic levels of 40 million by 2024.

 Phiphat Ratchakitprakarn (Minister for Tourism and Sports):
Thailand’s reopening plan coincides with many other nations’ efforts to allow easier cross-border travel and is a fight to win foreign tourists in the next few months.

The ministry wants to attract travellers from China the most, and may seek travel bubbles with Asean nations if they are low-risk countries and travellers have been fully vaccinated.

Sunthorn Thongthip (analyst, Kasikorn Securities):
This will help remove the barriers preventing tourists from coming to Thailand and to stimulate economic activity during the New Year festive period.

He sees upside to the Bank of Thailand’s 2022 GDP forecast of 3.9% which is based on tourist arrivals estimate of 6 million next year.

Every 3 million tourist arrivals in Thailand will create 1% upside to GDP growth.

He expects the baht to rise to 32.75 v. the US dollar by end-2021.

Kasikorn Securities is positive toward the Thai equities market as the reopening should benefit domestic and tourism-related sectors. The brokerage sees upside to its 12-month forward SET Index target of 1,680.

Kampon Adireksombat (deputy managing director, SCB Securities’ Chief Investment Office):
The reopening may be positive for Thai stocks in the short term but upside is limited as the market has partially digested the news.

The economic recovery still faces many downside risks and we need to monitor how many tourists actually come in, especially from China, the biggest source of visitors pre-Covid.

Supant Mongkolsuthree (chairman, the Federation of Thai Industries):
The reopening is necessary to boost the Thai economy as tourism accounts for more than 10% of GDP.

Thailand needs to reopen to gain more income and benefit from global economic recovery. If not, the nation will only suffer from higher costs due to rising oil prices.
– Bangkok Post

Source - BangkokJack

 

VISA AGENT  /  How to register for: THAI PASS

.

Saturday 20 November 2021

Pattaya tourism quiet until entry and booze rules are eased

According to the acting president of the Chon Buri Tourism Council, Pattaya is still quiet, and 95% of tourists there are Thai since the reopening to international tourists on November 1. Of the 200 to 300 people per day who do come, the majority are not tourists but businesspeople and expats. And many of the tourists who do come end up leaving quickly when they discover that everything is closed and that there is no entertainment or nightlife allowed.

The president estimates that, of the 1,000 to 2,000 international tourists the Tourism Authority of Thailand says enter Thailand each day, about 10% of travellers make a stop in Pattaya. The city is seeing what averages to about 6,000 to 7,000 visitors per month – a far cry from the pre-pandemic days when during the busy season from November to March, an average of 1 million people would visit Pattaya per month.

He says that the turnover rate is much faster now than it was earlier in the pandemic offsetting the increase in the number of bookings. People are booking one night and leaving afterwards whereas, prior to the Covid-19 pandemic, a single booking would often stay 10 nights to 2 weeks.

A deeper dive into the people booking reveals the reason for so many short stays: the majority of international arrivals coming into Thailand are expats coming home. They arrive and take their RT-PCR test and check into the required hotel while awaiting their results. As soon at the test is returned negative, they head straight to their homes or condos or apartments.

The Tourism Council leader sees the lack of tourists in Pattaya as a direct result of the complicated hoops people have to pass through to arrive in Thailand, discouraging potential tourists. Other holiday countries require vaccination and a negative test before boarding a flight and… that’s it! No complicated document submission processes or quarantine or required hotel bookings. He suggested at least switching to antigen test kits that are exponentially cheaper and much faster so that arriving travellers can start their holiday right away.

But the other thing that has massively disenfranchised international travellers is the draconian restrictions on drinking and entertainment venues. The unnecessary confusion of opening 17 tourism Sandbox destinations but then allowing alcohol in only 4 of them just angers travellers and spreads negative reputations online for potential travellers.

Even when not catering to the wild partying demographic, a large percentage of foreigners want to have a drink with their meals and denying them that is enough to dissuade potential tourists from booking tickets. But speaking of the partiers, while it’s not everyone’s interest, the draw of nightlife and entertainment to Thailand and especially Pattaya is undeniable. And even for those who aren’t going clubbing, nightlife brings more tourists that allow more local businesses to open and thrive, creating a butterfly effect that benefits all areas of tourism in Pattaya.

The Tourism Council president said he fully supported all the efforts of hundreds of local bar and business owners and 8 major tourism associations that have petitioned the government to reopen nightlife and entertainment venues in Pattaya sooner rather than later. Under then, it looks like the holidays will be very quiet in Pattaya.


SOURCE: The Pattaya News


VISA AGENT  /  How to register for: THAI PASS

.

Thursday 4 November 2021

Thailand Pass: Nearly 40,000 registrations and more than 6,000 approvals since Monday


 The IT specialist and spokesman for the Ministry of Foreign Affairs went online yesterday morning to give the latest figures for people applying for the Thailand Pass.

This is a new one-stop site to collate documents and apply to enter Thailand that came online as Thailand reopened to foreign tourists on Monday.

Tanee Sangrat said that at 6.30 am yesterday a total of 39,506 people had registered and that 6,484 had been approved.

The MoFA has been working with the Digital Government Development Agency to make it easier for people to get the required documentation together for entry into Thailand, noted the Thai business media yesterday.
 

Source - ASIAN NOW

 

VISA AGENT  /  How to register for: THAI PASS


Wednesday 3 November 2021

Thailand Pass helps streamline international arrivals

BANGKOK (NNT) - The new travel document submission system known as “Thailand Pass” now being rolled out is helping to better facilitate international arrivals. This online-based system will be replacing the Certificate of Entry from next week.

Mr. Anucha Nakasai, the Minister attached to the Office of the Prime Minister, today inspected the processing of international arrivals at Suvarnabhumi Airport.

Introduced by the Ministry of Foreign Affairs to better and quicker process international visitors, Thailand Pass replaces the Certificate of Entry visitors were required to apply at a Thai Embassy or consulate in their country of origin.

The new online-based system allows visitors to upload their required documents with step-by-step explanations to obtain their QR-code equipped pass, which they need to present when entering Thailand.

Mr. Anucha said this new system comes with safeguard measures including data encryption to protect personal information, in accordance with international standards.

He said some issues have been noticed at the early stage of the rollout, but they have already been addressed.

So far, around 10,000 Thailand Pass applications have been submitted, with the entry pass having already been issued for some 4,000 travelers.

Travelers with a valid Certificate of Entry will be able to enter the kingdom during this period. However, the Thailand Pass system will entirely replace the Certificate of Entry in the next 7 days.

Applicable to both Thai and foreign nationals, Thailand Pass is a document required for all international air arrivals.


Source -ASIAN NOW


VISA AGENT  /  How to register for: THAI PASS 

.

Tuesday 2 November 2021

Bangkok sees only 1500 arrivals for REBOOT

There were only 1500 foreign arrivals in Bangkok on Monday, the first wave of travellers to Thailand in 18 months, as part of a quarantine waiver for visitors vaccinated against the bug.
There were 1,534 foreign arrivals and 890 Thais on 40 international flights on the opening day on Monday, senior health official Kiattiphum Wongraijit said.

These are total arrival numbers. It is not known how many of these are returning foreigners with property and family or actual holiday makers.

The waiver covers more than 60 countries, including the United States and China, plus several places in Europe, from where some were escaping the winter blues.

“Right now, in Europe as you know it’s quite cold, so we decided to go come here,” said German national, Simon Raithel, among the first arrivals.

Thailand, one of the Asia-Pacific’s most popular tourist destinations, has enforced strict entry curbs that were criticised in the travel industry for being too onerous and economically damaging.

More than 3 million Thai tourism-dependent jobs and an estimated $50 billion a year in revenue have been lost.

Before the pandemic, tourism accounted for about 12% of Thai GDP, with one survey ranking Bangkok as the world’s most visited city.

Thailand tested the waters with the reopening of the island of Phuket, but the pilot scheme had mixed results, drawing just 1% of its monthly pre-pandemic level when it started in July.

Under the new national programme visitors must await a negative COVID-19 test on arrival then can travel freely the following day.

“It is much easier,” said Marguerite Jeason from France. “Before at first it was 14 nights.”

Airlines have rushed to ready the country for the hoped influx of visitors, bringing jets back from hibernation.

Still, the pickup is expected to be relatively slow, with only 180,000 foreign arrivals anticipated this year and 7 million next year, compared with some 40 million in 2019.


Source - BangkokJack


VISA AGENT  /  How to register for: THAI PASS 

.

Thursday 14 October 2021

Thailand pins hope of recovery on tourism

Reopening the tourism industry to vaccinated foreigners from November will help drive GDP growth and sustain business confidence of Thailand, according to the Federation of Thai Industries (FTI).
Thai Prime Minister Prayut Chan-o-cha on October 11 stressed that Thailand should not lose the “golden time” to earn revenue during the end of the year, insisting the reopening date will be on November 1.

Revenue from tourism, which makes up 10 percent of Thailand’s GDP, is a quick way to boost the domestic economy, said the FTI.

The federation expects foreign arrivals would help Thailand reach its GDP growth target of 0 – 1 percent this year.

Local media on October 13 quoted FTI Chairman Supant Mongkolsuthree as saying that Thailand must learn to live with COVID-19 and let everything run by itself.

It is time for Thailand to bring back bustling business activities, while maintaining necessary measures against the pandemic, he said.

Chairman of the Thai Chamber of Commerce (TCC) Sanan Angubolkul said the agency supports the government’s plan to fully re-open to vaccinated tourists from countries deemed low risk from November 1, saying the decision is a good sign for the country’s economy.


Source - BangkokJack

Our VISA AGENT

Sunday 10 October 2021

Thailand must reopen soon if it wants to survive: FTI

With such a long time since tourists were welcomed into Thailand, the Federation of Thai Industries fears that potential tourists may be wandering away from Thailand. The FTI chairman warned that the window may be closing to still attract these travellers.

They say absence makes the heart grow fonder, but as Thailand’s closure to nearly all international tourism stretches to almost 2 years, tourists’ fond recollections of sun-drenched beaches, beautiful temples, great food, or wild nights may be fading away to a distant memory, and they may be tempted away by newer travel destination ideas.

The FTI chairman fears that Thailand has kept its doors closed and the tourism industry shuttered for too long already, and it’s time to rip off the bandage and reopen the country fully to international travellers.

He argues that now that 40% to 50% of the population of Thailand has been vaccinated, with injections continuing at a steady pace, the country is reasonably protected from Covid-19 outbreak if it were to reopen the borders.  The number of daily infections has dropped from its peak near 25,000 a day to consistently around the 10,000 per day mark.

Hospitals that were once overrun with incoming patients as authorities raced to set up hotel/hospital facilities, field hospitals, and community quarantine centres have now calmed and the previous bed shortages are no more. Thailand is prepared for the medical needs of future Covid-19 patients should a surge occur as the borders are reopened.

The FTI chairman did say that vaccination is still lagging and that before opening the country, a drive should focus on vaccinating the business sector so it is ready to open and operate safely for a full international reopening.

He stated that the economy is beginning to show signs of recovery and economic activity is fluttering to life though the Sandbox figures were disappointing, but that the gross domestic product will grow by only 1% this year and government assistance is still needed to help small to medium-sized enterprises stay afloat.

Source - The Thaiger / The Star

Our VISA AGENT
 

Thursday 4 March 2021

Songkran in Thailand to go ahead next month - with some water splashing

Songkran festivities are set to go ahead next month, providing activities comply with measures put in place to limit the spread of COVID-19.

Yuthasak Supasorn, Governor of the Tourism Authority of Thailand told Daily News that Songkran events will definitely be held in Thailand this year and that TAT plans to organize events to celebrate the Thai New Year.

The TAT chief said Songkran would take place between 10-15 April 2021.
Meanwhile, Sanook reported that the traditional water splashing activities will go ahead on Khaosan Road.  

Citing Culture Minister Itthiphol Kunplome, the event can go ahead providing strict disease control measures are in place.  

The government hopes the Songkran festival will boost domestic tourism and stimulate the beleaguered economy.

This is a developing news story.


Source - ThaiVisa

Saturday 14 November 2020

Pfizer, BioNTech Vaccine Fueling Optimism for Thailand’s Tourism

 

The announcement from Pfizer and BioNTech’s progress of a corona-virus vaccine is fueling optimism for Thailand’s tourism industry. Spurring hopes that Thailand will soon reopen for mass tourism. Overseas investors are already piling into the country’s financial markets.

Inflows into Thai sovereign debt have climbed to the highest in 17 months in November, even though the month is less than half over. The baht has strengthened almost 3% since the end of October, making it the best-performing currency in Asia after the Indonesian rupiah.

The new Bank of Thailand governor, Sethaput Suthiwart-Narueput, will host his first Monetary Policy Committee meeting next week, though he is unlikely to do much to deter foreign funds.

“Foreigners have been mainly buying the front-end of the Thai debt curve for exposure to baht gains,” said Poon Panichpibool, a strategist at Krung Thai Bank. They were betting on Thai currency gains, and it looks like the baht would strengthen further over the next 12 months as a vaccine would be a major trigger for tourism arrivals, he said.
Pfizer and BioNTech’s Vaccine is Over 90% Effective

The favorable vaccine test results announced by Pfizer and BioNtech this week are particularly positive for the economy given that tourism contributes roughly 20% of the nation’s gross domestic product. They may help speed up the progress towards the reopening for tourism, which has already started through talks with China to establish a quarantine-free travel corridor by January.

Overseas investors have snapped up a net US$1.5 billion of Thai bonds this month through Thursday, according to data compiled by Bloomberg. The surge has trimmed net foreign sales this year to just $132 million, compared with a cumulative outflow of as much as $4 billion after the first five months of the year.

Mr Sethaput is set to keep interest rates on hold at the monetary policy meeting on Wednesday, according to all of the seven economists surveyed so far by Bloomberg.

It is possible policy makers may make some reference to baht strength being a negative for the economy. Nonetheless, The BoT may be restrained from overt actions to curb the currency’s gains for fear of being put on the watchlist by the United States, Mr Poon of KTB said.

Political protest hurting Thailand tourism

The recent political protests that have weighed on demand for Thai assets are also starting to look less of a deterrent — at least based on one metric. The implied yield of the offshore baht has dropped below that of the onshore currency this month, after being more than 100 basis points above it in early September. The spread is seen as a proxy for political risks.

At the same time, there’s no sign the protests are going to end in the near future. The political noise may persist for some time as the 2013-2014 demonstrations took more than six months to settle, said Tim Leelahaphan, an economist at Standard Chartered.

While there are always some negatives around, the overall outlook for Thai bonds due to the vaccine progress and resumption of tourism is looking better than it has for some time. The surge of inflows seen so far this month could well prove to be the rule rather than the exception as 2021 rolls around. – Bloomberg


Source - Chiang Rai Times

Monday 15 June 2020

#Thailand - 'Keep foreign tourists out': Poll


.
A majority of (elite) people do not want foreign tourists to return soon while the Covid-19 situation in the country is improving, saying foreigners could spread the disease and Thai people should be able to enjoy the country first, according to the results of an opinion survey by the Suan Dusit Rajabhat University, or Suan Dusit Poll.

The poll was conducted online between June 9-12 on 1,116 people throughout the country to gauge their opinions after the government announced the easing of the Covid-19 lockdown and invited the Thai people to visit places around the country to help stimulate the economy.

Each respondent was allowed to give more than one answer.

Asked when they thought Thailand's tourism would return to normal after the Covid-19 situation is resolved, 41.40% said in one year; 25.90% in six months; 20.52% in two years; and 12.18% in more than two years.

Asked whether they wanted foreign tourists to return to visit Thailand soon, 75.72% said "no", with 54.39% saying that they would like the Thai people to tour their own country first before going elsewhere and 21.33% saying that they were afraid the foreigners would spark a second wave of the virus.

The rest, 24.28%, said they wanted foreign tourists to come soon so that they could help spur the economy and generate income for the country.

Asked which provinces they would like to visit the most, the top five were: Chiang Mai (31.00%), Prachuap Khiri Khan (28.14%), Bangkok (19.35%), Chon Buri (18.55%) and Kanchanaburi (11.92%).

Source - The Bangkok Post

Wednesday 10 June 2020

Understanding Travel Restrictions in Thailand and Across Asia


Most tourist hotspots in Asia and Southeast Asia still remain out of bounds to international flights as travel restrictions remain due to the covid-19 pandemic. However some countries including Thailand are now making arrangements to lift the travel restrictions.

The Foreign Ministry has informed Thailand’s foreign chambers of commerce that foreigners who have work permits or permission from Thai government agencies will soon be allowed to enter Thailand.

Foreigners with work permits will be allowed to return once the aviation rules change. Unfortunately spouses and families are not included in the stipulation.

Travel Restrictions in place for Asian countries

THAILAND:

A ban on commercial international flights has been extended until end June. Nationals and foreigners with work permits can return on charter flights. But citizens need to provide certificates issued by Thai embassies, and foreigners are required to present a negative coronavirus test. There is a mandatory 14-day quarantine on arrival.

Thailand hopes to lift travel restrictions and reopen to limited international tourism later this year for “low-risk” countries including China and South Korea.

AUSTRALIA, NEW ZEALAND:

Borders are effectively closed except for returning citizens and residents, who are quarantined for 14 days. The two countries have talked about a possible “travel bubble” between them but New Zealand has said that is unlikely to happen while travel between Australian states remains restricted. A travel bubble may include Pacific Islands.

CHINA:

Citizens can return under their travel restrictions, but the entry of most foreigners is banned. Including those with valid visas and residence permits, remains suspended.

It has, however, signed a fast-track programme with South Korea and Singapore to allow essential business travel and is in talks with more countries to do so.

It has also allowed foreign executives and technical personnel from some other nations to enter on pre-approved charter flights, sometimes with reduced quarantine, to accelerate the resumption of business.

INDIA:

Borders are effectively closed as coronavirus cases have surged to over 267,000. India said this week it will take a call on resuming international flights as soon as countries ease restrictions on foreign nationals.

 INDONESIA:

Citizens and long-term pass holders may enter, but must bring documents showing they are free of the coronavirus or undergo tests at the airport. The country is opening up domestic travel from Wednesday with safety and quarantine measures.

JAPAN:

The country is considering an easing of travel curbs, although it is likely to require testing and the submission of a travel itinerary,Reuters reported. It is in talks with some countries to reopen borders, with business travellers and medical staff expected to be fast-tracked.

MALAYSIA:

Borders remain effectively closed, but interstate travel will be allowed starting June 10. Returning Malaysians who test negative can self-isolate at home for 14 days starting Wednesday, instead of at a quarantine centre.

SINGAPORE:

Singapore is allowing travellers to transit through its main airport, but borders remain effectively closed. It is in talks with some countries about reopening travel links, including Malaysia and New Zealand.

SOUTH KOREA:

A few international flights continue to operate. All citizens and foreigners who enter are quarantined for two weeks. Diplomats or foreigners with official business status are exempted from mandatory quarantine but are tested on arrival.

TAIWAN:

Borders remain closed other than for citizens, foreigners with residence permits and a few other exceptions. Everyone coming in has to undergo a 14-day quarantine. The government said it will be cautious when looking at whether to ease border restrictions given the serious situation still in many countries.

A limited number of international flights continue to operate.

VIETNAM:

Borders remain closed except for citizens as well as foreign experts with valid work permits and negative coronavirus test certificates who are returning on charter flights. A 14-day quarantine upon arrival is mandatory.

The government on Tuesday said it was seeking to end travel restrictions and reinstate international flights. Only to countries that had been free of the virus for 30 days. Flights would resume these with limited frequency and priority given to foreign experts and investors.

Source - The Chiang Rai Times

Friday 5 June 2020

Thailand - Government wants to reopen bars, pubs, soapy massages and amusement parks


The government is considering measures that would allow the resumption of 12 types of businesses and activities -- including pubs and concerts, parlours offering soapy massages, and sports competitions.

Taweesilp Visanuyothin, spokesman of the government's Centre for Covid-19 Situation Administration (CCSA), said yesterday the CCSA's business resumption committee had invited operators and organizers to discuss measures needed to control the spread of the coronavirus.

The committee is headed by the secretary-general of the National Security Council, Somsak Roongsita.

"The government will hear from the operators what their plans are for preventing virus transmission and we will see how we can cooperate," Dr Taweesilp said.

Some of the 12 business/activity types were already allowed to resume partial services. Officials would discuss measures for the resumption of more services at these premises, he said.

He made reference to sports fields, where practice is now allowed. He said they were discussing disease-control measures for sports competitions.

The upcoming relaxation of restrictions would also apply to bigger film crews for large settings, the reopening of classrooms, daily visits to elderly care centres, and national parks.

Dr Taweesilp said measures were also being set for concerts and event halls of more than 20,000 square metres, education-oriented science centres, and beaches.

Other business categories include amusement parks, water parks, playgrounds and game shops; meeting rooms for more than 200 participants; pubs, bars and karaoke shops; and bath-sauna-massage parlours, he said.

Seventeen new Covid-19 infections were reported yesterday, all returnees from the Middle East and mostly asymptomatic.

"The two-digit figure is very high, but is from the daily arrival of returnees," Dr Taweesilp, said.

Meanwhile, Maj Gen Burin Thongprapai, director of the army's Office of the Judge Advocate who chairs a panel investigating the Covid-19 transmission at Lumpinee Boxing Stadium, said army chief Apirat Kongsompong has sacked the management of the army-run stadium in line with the recommendation of the investigation panel.

Previously, Maj Gen Rachit Arunrangsi, head of the Army Welfare Department and manager of the stadium, who was among those infected by the virus at the stadium, was transferred to an inactive post after the incident.

He will retire at the end of September 2022.

A cluster of infections during a boxing event at the stadium on March 6 was blamed for a surge in the number of corona-virus cases in the following days.

Also yesterday, Prime Minister Prayut Chan-o-cha said he was still concerned people may be at risk of infection at this stage of the unwinding process if they flock in large numbers to tourist spots and beaches, such as Bang Saen beach in Chon Buri province.

Source - The Bangkok Post

Monday 1 June 2020

#Thailand - Officials in Pattaya launch campaign to mark city’s phased re-opening

.
Pattaya launches the “Pattaya is brighter together” campaign, meant to signify the ongoing and gradual re-opening of the city
.
The mayor of Pattaya has led officials in launching a campaign to mark the phased re-opening of the famous tourist hotspot. Well more of a celebration! Normally hosting millions of tourists every year, Pattaya has been through a tough time during the last few months, with businesses, beaches and all nightlife and hospitality venues shut down due to the impacts of the Covid-19 virus.

Now, through the “Pattaya is brighter together” campaign, Mayor Sonthaya Khunpluem and other city officials are hoping to bring hope to residents and encourage visitors to return as Pattaya gradually re-opens and the journey back to some sort of normality gets underway.
.
.
The event kicked off last night when city officials and members of various tourism bodies, as well as local media, attended an opening ceremony on Pattaya Beach. At the event, officials took part in coconut painting, using coconuts bought from local farmers. Even Mayor Khunpluem painted a coconut, with all artwork then exhibited at Pattaya and Jomtien beaches to signify that brighter times are to come.

 To date, Pattaya has gone around six weeks without a case of community transmission of the Covid-19 virus. The latest re-opening comes as the country enters Phase 3 of a nationwide easing of restrictions in light of a nominal number of new virus cases nationally, most of which are being detected in repatriated Thai citizens in state quarantine.

Source - Pataya One News
.