Disasters
Pandemics
Pandemic leads to exodus of B95bn from Thai bourse
More than 95 billion baht in capital flowed out of the Thai stock market in the first seven months of the year, partly because of the worsening pandemic, sputtering attempts to revive foreign tourism, and possibly a second year of economic contraction.The pandemic situation in ...
Bangkok Post Reporter
BoT cuts 2021 GDP rise to 0.7%
The Bank of Thailand (BoT) has slashed its economic growth projection for this year again to 0.7% as the third wave of Covid-19 has had a more severe impact on the country’s economy since the central bank conducted its earlier projection.The BoT’s Monetary Policy Committee ...
Somruedi Banchongduang
Unemployment hit 5-year high in Q1
The pandemic drove the country’s unemployment rate up to 1.96% in the first quarter, the highest level in five years, while the IT sector saw the highest number of job postings compared with other industries in the first half of this year, according to job ...
Suchit Leesa-Nguansuk
A just transition requires a major paradigm shift
Covid-19 is a disease that not only attacks individuals but Thai society. Millions of workers who make subsistence wages or already face household debt now have no income. Thailand is seeing — like much of the world — people sliding back into extreme poverty and ...
Fuel consumption drops by 1.7%
Thailand saw its fuel consumption decline by 1.7% to an average of 136 million litres per day during the first half of this year, largely attributed to the third wave of Covid-19, says the Department of Energy Business.Average fuel consumption stood at 138 million litres ...
Yuthana Praiwan
Firms want govt to give jab tax relief
The government is being encouraged to allow companies to have the cost of providing Covid-19 vaccines to their employees deducted from their corporate tax, as an indirect economic stimulus.On average the cost of importing a Covid-19 vaccine per employee is 2,000 baht, or about 2 ...
Bangkok Post Reporter
Bank of Thailand holds rate, cuts GDP forecast on Covid spike
The Bank of Thailand (BoT) held its key interest rate unchanged and cut its economic forecast a day after lockdown-like measures were extended to more of the country, with two dissenting members saying rates should be lowered even further.The BoT’s Monetary Policy Committee voted four ...
Bangkok to have 61 Community Care Centers operational
The Bangkok Metropolitan Administration (BMA) aims to have all 61 Community Care Centers for COVID-19 cases operational in coming days across all 50 districts, serving as isolation centers for COVID-19 patients awaiting admission to a treatment facility.The Governor of Bangkok, Aswin Kwanmuang today inspected a ...
NNT Reporter
Homecare cases now eligible for insurance payouts
The Office of Insurance Commission (OIC) on Saturday said Covid-19 patients in home and community isolation programmes are eligible for reimbursements from insurance companies.OIC secretary-general Suthiphon Thaveechaiyagarn said the Covid-19 crisis shows no signs of abating and hospital beds are beginning to run short.Even though ...
Bangkok Post Reporter
Coronavirus outbreaks detected in over 500 factories
Covid-19 outbreaks have sprung up in 518 factories in 49 provinces where 36,861 workers have been infected since April 1, according to the Centre for Covid-19 Situation Administration (CCSA).CCSA spokesman Taweesilp Visanuyothin said on Friday that Phetchaburi province had the highest tally, with 4,464 workers ...
Bangkok Post Reporter