Pandemics

Thailand’s economy will shrink this year by less than previously estimated as government support measures alleviate the impact of the coronavirus pandemic, according to the finance ministry.The Southeast Asian nation, which has seen trade and tourism battered by the pandemic, will contract 7.7% in 2020, ...

Cross-border cargo trade resumed over the second Thai-Myanmar Friendship Bridge in Mae Sot on Monday morning after Covid-19 restrictions were eased.The lockdown imposed on two communities in the district will be lifted on Tuesday morningKeep reading ...

Thailand welcomed its first foreign tourists in seven months on Tuesday, bringing a tiny ray of hope to a vital industry that has been brought to its knees by the coronavirus crisis.Thirty-nine Chinese tourists flew into Suvarnabhumi Airport on the outskirts of Bangkok on a ...

The government is set to extend a state of emergency through November in order to prevent a resurgence in the novel coronavirus.The national Covid-19 task force chaired by Prime Minister Prayut Chan-o-cha, the Centre for Covid-19 Situation Administration, on Wednesday approved the extension of nationwide ...

The northern province of Tak on Saturday sealed its border shared with Myanmar’s Myawaddy after three more Myanmar nationals in Mae Sot border district tested positive for the new coronavirus that causes Covid-19.That prompted the Myanmar town to close its immigration checkpoint on the opposite ...

The Ministry of Labor has allocated 1.74 billion baht specifically for occupational skills training campaigns in the 2021 fiscal year, as an alternative approach to help workers being affected by this year’s pandemic.Keep watching ...

The Bank of Thailand will not extend a broad-based debt moratorium but will introduce targeted measures to help debtors affected by the coronavirus pandemic, a BoT assistant governor said on Friday.Southeast Asia’s second-largest economy posted its deepest contraction in over two decades in the second ...

Thailand and China have agreed to cooperate in multiple respects to research and develop a vaccine for COVID-19, as well as mutually work to revive one another’s economies.Keep watching ...

Thailand’s economic outlook remains highly uncertain with risks tilted to the downside and the central bank stands ready to use necessary tools to support an economy hammered by the coronavirus pandemic, central bank officials said on Wednesday.Southeast Asia’s second-largest economy contracted the most in 22 ...

The present Covid-19 crisis was worse than the Tom Yam Kung crisis of 1997, the Bangkok Commercial Asset Management (BAM) has said, adding that non-performing loans (NPL) was of concern for Thailand’s economic system.BAM explained that financial institutions in 1997 had a low rate fund ...