Disasters

Thailand’s economic recovery could see further delay as the country faces the 3rd wave of Covid-19 outbreak, which could further dent the already fragile consumer and industry confidence.The country was until recently considered as having done an outstanding job in handing its Covid-19 cases. But ...

The Bank of Thailand (BoT) needs to monitor on the fresh wave of Covid-19 situation, specifically the stringency of the government’s additional measures, as well as people’s consumption behavior in order to assess the impact of the new round of infections.BoT deputy governor Mathee Supapongse ...

Thailand plans to install 10,000 field-hospital beds in Bangkok, a health official said on Saturday, as the country strains to cope with a third wave of COVID-19 infections.At least a dozen hospitals in the capital said they had stopped testing for the coronavirus as of ...

Authorities insist they have never stopped the private sector from importing Covid-19 vaccines as criticism persists, even after they confirmed that up to 10 million doses could be ordered.Public Health Minister Anutin Charnvirakul said on Saturday that the government fully supported plans by the private ...

The Bank of Thailand pledges to keep a close watch on the fresh wave of Covid-19 infections and, in particular, the government’s measures in containing the infections as well as people’s consumption behaviour.Mathee Supapongse, the central bank’s deputy governor for monetary stability, said at an ...

Consumer spending is expected to decline by up to 50 billion baht a month as a result of the new outbreak of Covid-19 which also threatens to cause a further drop in the Consumer Confidence Index over the next three months, says the University of ...

Thailand’s economy may expand less than forecast this year, a central bank official said on Friday, after a third wave of coronavirus infections and concerns about the presence of a highly contagious variant.The tourism-reliant economy suffered the deepest slump in over two decades last year, ...

The new Covid-19 outbreak, which stunned Thai people with a new hardly controlled virus variant, continues to raise more concerns over economic health, adding fiscal-monetary burdens to the government, now likely to see GDP miss its target.The Federation of Thai Industry (FTI) on Thursday warned ...

A coronavirus outbreak in Thailand’s capital may take more than two months to control, a health official said on Thursday, as authorities announced a broad ban on nightlife to tackle a new wave of infections and a highly contagious variant.Authorities expect to arrest the outbreak ...

Thailand’s Consumer Confidence Index in March fell to 48.5 points from 49.4 points in February over fears from a new wave of Covid-19 and political instability, a forecaster said Thursday.The University of the Thai Chamber of Commerce, which measures the index, said that economic growth ...