The Centre for Covid-19 Situation Administration (CCSA) approved on Friday allowing fully vaccinated foreign tourists to enter Thailand without providing proof of a negative COVID-19 test (RT-PCR) taken up to 72 hours prior to arrival.
Foreign travelers traveling in Thailand through the Test & Go or Sandbox programs will be required to undergo an RT-PCR test upon arrival and an antigen self-test on day five after their arrival. The new regulations take effect on April 1.
In addition to this, the CCSA is considering cutting visitors’ health insurance coverage; the health office aims to reduce the insurance cap from USD50,000 to USD10,000 to stimulate tourism in Thailand.
Krungsri Securities said that easing Test and Go restrictions and removing RT-PCR test requirements for foreign visitors will encourage more inbound tourists, which will benefit hotel and other related sectors. Benefiting stocks are AOT, AAV, MINT, CENTEL, ERW, BH and BDMS: