Up to 80% of SMEs hit by lack of liquidity, 100,000 may close for good if Covid crisis persists

About 70 to 80 per cent of small to medium-sized enterprises (SMEs) are suffering from a lack of liquidity since the third Covid-19 wave hit Thailand in late March and 100,000 could close for good, warned Saengchai Theerakulwanich, president of the Federation of Thai SMEs, ...

The Nation Reporter

B2,000 handouts approved

The cabinet on Tuesday approved 2,000-baht handouts to registrants of We Win and We Love Each Other subsidy programmes and extended the validity to the end of June.Prime Minister Prayut Chan-o-cha said registrants of We Win would receive two 1,000 baht payments, a week apart. ...

Mongkol Bangprapa

Thai govt has THB300 billion in hand to tackle Covid crisis until Sept 30

The government has THB240 billion left over from the THB1 trillion economic stimulus loan, plus THB60 billion from the 2020 emergency budget to deal with the Covid-19 crisis until September 30.Thai govt has THB300 billion in hand to tackle Covid crisis until Sept 30Last Wednesday ...

The Nation Reporter

Thailand third time unlucky

The third wave of the pandemic has unnerved businesses who previously believed they would be able to recover this year after Covid-19 walloped their income in 2020.Complicated by a more contagious UK Covid-19 strain, the third wave has seen more than 1,000 infections a day ...

Bangkok Post Reporter

Industries sentiment hits 8 month low on virus return

Thailand’s industries sentiment in April hit its lowest in eight months in the wake of the country’s worst coronavirus outbreak, and the government should borrow 1 trillion baht more to support the economy, the Federation of Thai Industries (FTI) said on Monday.The FTI said its ...

Nearly half of Thai consumers plan to avoid using cash after pandemic ends: study

A study on consumer payment attitudes by Visa showed nearly half of all Thai consumers (45 per cent) were likely to avoid using cash after the Covid-19 pandemic ends.The study also delves into which activities Thai consumers are looking forward to spending on when recovery ...

The Nation Reporter

Thailand plans to waive quarantine for vaccinated visitors from October

Thailand is considering scrapping its mandatory quarantine for vaccinated visitors to its capital Bangkok and other top tourist destinations from October, as it looks to rebuild its coronavirus-battered tourism industry.Among the 10 provinces planned to welcome vaccinated tourists from October 1 are Pattaya, Phang Nga, ...

AstraZeneca’s COVID-19 vaccines made by Siam Bioscience pass quality testing in Europe and U.S.

AstraZeneca announced today that the samples from test batches of the COVID-19 vaccine made by Siam Bioscience had passed quality testing at AstraZeneca’s designated laboratories in Europe and in the U.S.Mr. James Teague, Country President, AstraZeneca (Thailand) Ltd., said: “We have seen significant and promising ...

NNT Reporter

Government Plans New Measure for Vaccinated Travellers

Thailand plans to waive mandatory quarantine for vaccinated visitors to Bangkok and top tourist destinations from October, to revive a key industry battered by COVID-19 travel curbs.Deputy government spokeswoman Traisulee Traisoranakul said the new measure means easier access to favorite locations in 10 provinces, like ...

NNT Reporter

Online seminar aims to put more SME products on big retailers’ shelves [Video]

A new campaign has been launched to help SMEs weather the COVID-19 crisis, with an online seminar recently being held to give entrepreneurs insight into modern trade markets to encourage more SMEs to sell their products at shopping malls and supermarkets, where they can reach ...

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