Destinations worldwide welcomed 1 billion fewer international arrivals in 2020 than in the previous year, due to an unprecedented fall in demand and widespread travel restrictions. This compares with the 4% decline recorded during the 2009 global economic crisis. According to the latest UNWTO World Tourism Barometer, the collapse in international travel represents an estimated loss […]
The Committee voted unanimously to maintain the policy rate at 0.50 percent to support the economic recovery which remained highly uncertain. The Committee assessed that, while the new wave of the COVID-19 outbreak and the containment measures would affect the Thai economy in the short term, the economic recovery continued to be on track thanks […]
Bangkok (NNT) – The FDA Secretary General Paisal Dunkhum, said today the FDA had approved the registration of the COVID-19 vaccine produced by AstraZeneca in Italy. The company nearly 10,000 pages of documents for registration in Thailand for approved use during the state of emergency since December 22, 2020. Efficacy, quality and safety of the […]
To say 2020 has been a challenging year is a massive understatement. The COVID-19 pandemic has quickly undermined development gains from recent decades and slowed growth in many Asian economies. Yet, every crisis presents opportunities. One is the rapid advance in digital technology, which offers a way to recoup some of these gains and spur […]
In 1950, at the dawn of the jet age, just 25 million people took foreign trips. By 2019, that number had reached 1.5 billion, and the travel and tourism sector had grown to almost too-big-to-fail proportions for many economies. The global pandemic, the first of its scale in a new era of interconnectedness, has put […]
According to the Tourism Authority of Thailand (TAT) latest update regarding the Royal Thai Government’s announcement on the strengthened COVID-19 control measures to contain local transmission, 28 provinces are now declared as “highly controlled areas”. Effective from 4 January, 2021, the Centre for COVID-19 Situation Administration (CCSA) has declared 28 provinces as “highly controlled areas” […]
BANGKOK – Fourdesire, Taiwan’s leading mobile app developer, will release a Thai version of Fortune City, their popular money management app, in Thailand this month. As the new year rapidly approaches, millions of people are planning to make New Year’s resolutions for 2021, looking for a way to spark positive personal change. Every year the […]
The pandemic has accelerated the shift towards a more digital world and triggered changes in online shopping behaviours that are likely to have lasting effects. The COVID-19 pandemic has forever changed online shopping behaviours, according to a survey of about 3,700 consumers in nine emerging and developed economies. The survey, entitled “COVID-19 and E-commerce”, examined […]
