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Thailand to impose $8.9 entry fee for foreign travellers

Bloomberg Thailand will impose an entry fee on foreign holidaymakers from June as the tourism-reliant nation presses ahead with the long-delayed levy following a better-than-expected recovery in tourist arrivals. Travellers flying into Thailand will need to pay 300 baht ($8.9) for each trip and those entering the Southeast Asian nation through its land borders and sea ports will be levied ...

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Tuesday Morning files for bankruptcy again

  Bloomberg Tuesday Morning Corp filed for bankruptcy protection for the second time since the onset of the Covid-19 pandemic. The Dallas-based discount retailer filed in the Northern District of Texas, listing assets and liabilities of $100 million to $500 million, in its bankruptcy petition. It emerged from its last bankruptcy in January 2021 after closing about 200 stores, cutting ...

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UK wage rise beats expectation in added sign of record inflation

Bloomberg UK wages rose quicker than expected at the end of 2022, heaping pressure on the Bank of England to deliver another interest-rate increase next month. Average earnings excluding bonuses were 6.7% higher in the three months through December from the previous year, the Office for National Statistics said Tuesday. That’s the fastest pace since records began in 2001, excluding ...

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