Real Estate Tourism

Covid-19 wiped out USD 1.3 trillion in tourism revenues in 2020

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 […]

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Real Estate

Thailand approves COVID-19 AstraZeneca vaccine for emergency use

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 […]

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Real Estate

Can Fintech drive a strong post-COVID-19 recovery in Asia?

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 […]

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Real Estate

Thailand strengthens COVID-19 control measures

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” […]

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Real Estate

How COVID-19 has changed online shopping forever

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 […]

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Real Estate

COVID-19 to Boost Thai Medical Industry

BANGKOK (NNT) – Though COVID-19 has badly impacted many industries, some such as medical science and technological advancement may benefit from aspects of the crisis. The University of the Thai Chamber of Commerce, has suggested Thai entrepreneurs grab the opportunity to develop innovations, and some Chinese medical equipment companies are preparing to move their production […]

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Real Estate

Thailand’s COVID-19 response: an example of resilience and solidarity

In January, Thailand became the second country to confirm a COVID-19 case but, since then, the country has shown remarkable resilience and, as of late July, there had not been any recorded cases of domestic transmission for nearly two months. Gita Sabharwal, the UN Resident Coordinator in Thailand, explains that this success is thanks to […]

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Real Estate

Thailand Ranks First in the Global COVID-19 Recovery Index

Thailand ranks first among the countries with the highest COVID-19 recovery index, according to a report issued by the Global COVID-19 Index (GCI). The GCI report, published on 28 July 2020, gave Thailand an index score of 82.06 from 100 points, putting it on top of the countries that have made the most progress in […]

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