Bangkok (NNT/VNA) - Campaigns to stimulate the domestic economyand tourism were launched on November 11.
They follow the government’s Chim, Shop, Chai (Taste, Shop, Use) campaign whichhas been very well received by the general public. The campaign has put tens ofbillions of baht into the economy.
Meanwhile, the government has launched the second phase of the Chim, Shop, Chaicampaign to further stimulate the Thai economy in the final months of the year,while the Tourism Authority of Thailand (TAT) has introduced the “Time to TourThailand” project, which has two campaigns to boost tourism spending. They are “TravelThailand with 100 Baht” and “Shocking Prices on Weekdays".
The “Travel Thailand with 100 Baht” campaign covers five product categories:accommodation, airlines, spa services, entertainment venues and tour packages.The campaign offers 40,000 products and services at the price of 100 baht each.People can register with the campaign on November 11 and 12 and December 11 and12, at www.tourismthailand.org or www.ร้อยเดียวเที่ยวทั่วไทย.com, from 6 a.m. tomidnight. The quota is capped at 10,000 applicants per day.
The “Shocking Prices on Weekdays” campaign offers products and servicescompliant with international standards at prices discounted by up to 80 percent.The campaign covers nine product categories. They are accommodation, airlinetravel, shopping malls, spa services, hospitals, restaurants, jewelry stores,amusement parks and tourism services. People can register with the campaign atwww.tourismthailand.org or www.ร้อยเดียวเที่ยวทั่วไทย.com until December31 this year. After registration, applicants are required to select one of thenine categories and they will receive a coupon. Their privileges will berevoked, if they fail to use the coupon within five days as required.
The “Time to Tour Thailand” project is intended to encourage people withspending power to spend money on travel experiences, such as accommodation andspa services, by the end of the year. The project is expected to inject 400million baht into the economy and raise tourism revenue to 3.1 trillion bahtthis year./.
Thailand has revised the number of foreign tourists it expects to welcome this year down from 40.1 million to 39.7 million, citing impact of the global economic slowdown and the stronger baht.
Thailand’s cabinet on October 11 gave the nod to 18 tourism stimulus measures proposed by the Ministry of Tourism and Sports to stimulate the economy in the fourth quarter of this year.
The DES Ministry will seek cooperation from social media platforms to prevent the spread of fake news and monitor accounts related to such activities, he told reporters after chairing a meeting of the newly established Anti-Fake News Centre (AFNC).
The Joint Standing Committee on Commerce, Industry and Banking identified the US tariff reduction as a significant driver behind the improved economic outlook for Thailand.
Financial institutions and financial technology (fintech) players are intensifying their focus on expanding across the Association of Southeast Asian Nations (ASEAN), adopting tailored strategies to strengthen their presence in the region’s digital financial services landscape.
Featuring a permanent exhibition area, the ASEAN Hall will function both as a cultural showcase and as a dynamic venue for ASEAN-related events and programmes. Its inauguration on ASEAN Day added symbolic weight, marking a fresh milestone in ASEAN–RoK relations.
Thailand’s Ministry of Commerce and rice exporters are devising strategic plans to boost rice exports amid global market fluctuations, focusing on key markets and adjusting output.
The focus of the upcoming ASEAN Summit in October will be on strengthening economic relations through intra-regional trade and investment, as well as regional initiatives on energy networks and connectivity.
Indonesian Ambassador Rina P. Soemarno, who currently serves as Chair of the ASEAN Committee in Prague, emphasised the spirit of regional solidarity and cooperation, and the importance of enhancing ASEAN–Czech Republic relations.
The Indonesian Government is determined to seize opportunities to enhance the competitiveness of national agricultural products, an official has said, adding that it always strives to promote exports at the highest possible level, based on a mutually beneficial foundation.
Finance Minister Pichai Chunhavajira has outlined a six-point strategy to promote innovation, support small and medium-sized enterprises (SMEs), and push for Thailand's removal from the US Trade Representative (USTR)’s special 301 Watch List regarding intellectual property rights protection among trading partners.
Vietnamese Ambassador to Israel Ly Duc Trung emphasised ASEAN’s central role in regional mechanisms such as the ASEAN Regional Forum (ARF) and the East Asia Summit (EAS), highlighting its significant contribution to promoting peace, stability, and prosperity in Southeast Asia.
The consumer index of the University of the Thai Chamber of Commerce (UTCC), fell to 51.7 in July from 52.7 in the previous month. The sluggish economy and the trade war, as well as high living costs, continue to undermine confidence, the university said.
Deputy Speaker of the Hungarian National Assembly Istvan Jakab expressed his hope for further deepening Hungary’s ties with ASEAN countries and called for their support for Hungary’s accession to the Treaty of Amity and Cooperation in Southeast Asia.
The 30-storey tower crumbled seconds after a 7.7-magnitude earthquake hit neighbouring Myanmar on March 28. The partially built high-rise, meant to house the State Audit Office (SAO), was the only building in Thailand to collapse, killing 89 people on the site, mostly construction workers.
Indonesia’s waste generation is projected to exceed 50 million tonnes in 2025. Of the total, more than 20 million tonnes could potentially enter the ocean through rivers, coastal areas, small islands, ports, and marine activities, and thereby, pose a risk to coastal ecosystems and marine biota.
Indonesia is accelerating plans to increase lithium imports, particularly from Australia, in a bid to fill gaps in the electric vehicle (EV) battery supply chain and realise its ambition of becoming a global EV manufacturing hub.
Malaysia’s gross expenditure on R&D (GERD) reached 1.01% of gross domestic product in 2022, a notable increase, with more than 51% contributed by the industry sector. The country is targeting GERD to reach 2.5% by 2030, in line with the national goal of transforming into a high-technology nation.
The facility was established in response to a growing shift in the Filipino labour force from the Middle East to Japan, where workers are seeking safer working environments.
In the latest Indonesia-US trade agreement in July, the US administration agreed to reduce the reciprocal tariff, which was initially set at 32% by US President Donald Trump last April, to 19%.
Real estate agency ERA Singapore estimated that there are 2,703 condo developments in Singapore today, of which 836 or 31% are at least 30 years old. In 10 years, this number is expected to climb to 1,160, assuming none is sold en bloc.