As Thailand has paid more and closer attention to anticorruption issues, a number of measures have been introduced and implemented over the years, including the establishment of the Complaint Center for Foreign Investors (CCFI) in 2015. The CCFI was set up by the Office of Public Sector Anti-Corruption Commission (PACC)
The number of container vessels waiting outside China's ports has nearly doubled since February, as the lockdown in Shanghai continues and many other Chinese cities face restrictions due to Covid-19. Read more here. Source: Seatrade Maritime News
The Omicron wave and the Ukraine war have slowed Thailand's recovery even further, prompting the World Bank to lower its growth forecast to 2.9 percent in 2022. Inflation reached a 13-year high as global energy prices rose, while consumer confidence fell to a 6-month low amid the Omicron wave. The
The next carrier is developing its own division for airfreight by transferring the activities of its existing in-house aircraft operator, Star Air, to the newly born unit Maersk Air Cargo. The major Danish carrier has opted for Denmark’s second largest airport, Billund, as its air freight hub. Daily flights are
All fully vaccinated tourists will be able to enter Singapore without having to go through quarantine starting April 1, 2022, as the city-state is "taking a big step forward to restore air connectivity to the globe and to rebuild and reclaim Singapore's position as a top air hub." Read more
Thailand’s Center for COVID-19 Situation Administration (CCSA) approved on 18 March the lifting of the pretravel testing requirement for international arrivals beginning 1 April 2022, TAT said in this press release. The lifting comes as the kingdom prepares a four-phase plan to downgrade the COVID-19 pandemic to an endemic disease. Read
Backed by record output from solar and wind, Denmark’s green energy production reached new heights in the first two months of 2022. Danish wind turbines have produced 4.77 TWH in January and February combined. The new outcome is 12 percent higher than the previous record from 2020, according to statistics
The economy showed signs of a rebound in Q4 2021. However, the combined shocks of the ongoing Omicron wave and the fallout of the Ukraine-Russia conflict on global energy prices, tourism and financial markets, will further set back the recovery. The number of foreign tourists fell in January, due to
The Thai stock market has tracked higher in consecutive trading days, gathering more than 35 points or 2.2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,680-point plateau and it's expected to see additional support on Friday. Read more here Source: RTT News