The pandemic continues to ravage tourism operators as the number of tour companies withdrawing their licences reached its peak in December, while 65-70% of outbound agents closed indefinitely amid the tight border restrictions.
Domestic steel consumption is estimated to grow 5-8% this year, supported by the government's infrastructure investment projects, says the Iron and Steel Industry Club under the Federation of Thai Industries (FTI).
The Finance Ministry will seek the cabinet's approval on using the remaining 300-billion-baht sum of the 1-trillion-baht emergency loan decree to fund the 3,500-baht money transfer relief scheme for two months for nearly 40 million people.
BoT and Ministry look to tweaking soft loans for SME aid
The Finance Ministry and the Bank of Thailand are set to discuss amending the soft loan royal decree soon in a bid to provide greater financial relief coverage for small and medium-sized enterprises (SMEs).
Food vendors need to strive to expand distribution channels, offer items with good profits and collect data to better their strategies as part of a way to boost the chance of business success, industry pundits say.
The retail sector lost 500 billion baht in 2020, while the retail index for the first quarter this year is expected to fall by 7-8%, according to the latest predictions by the Thai Retailers Association (TRA).