Economy and commerce
NESDC outlines key areas of focus to become the top economy in Asean
The National Economic Development Council (NESDC) aims to make Thailand Aseans biggest economy, suggesting four areas to increase potential.NESDC secretary-generalDanucha Pichayanan said Thailand’s competitiveness ranking by the Institute of International Institute for Management Development (IMD), Switzerland, was at 28 out of 64 countries, up one ...
The Nation Reporter
Third phase of co-payment scheme opens to another 31 million people
Registration for the third phase of the “Khon La Khrueng” (Lets Go Halves) co-payment scheme opened on Monday (June 14). The third phase covers an extra 31 million people with a government budget of THB93 billion. The first two phases of the Covid-relief scheme covered ...
The Nation Reporter
BoT adds SME debt rejig options
The Bank of Thailand has added debt restructuring measures for entrepreneurs as the impact deepens from the third wave of the pandemic.The central bank extended the debt moratorium term for small and medium-sized enterprises (SMEs) to December from June 30.The measure is available for SMEs ...
Bangkok Post Reporter
Thai May consumer confidence hits record low on virus outbreak
Thai consumer confidence hit a record low in May, hurt by the country’s latest and biggest coronavirus outbreak so far, which could cost the economy as much as 800 billion baht ($25.7 billion), the commerce ministry said on Thursday.The consumer index of the University of ...
Analyst: Thailand needs pandemic under control next month to see economic recovery this year
Thailand will only see clear signs of economic recovery in the last quarter of 2021 if the current outbreak can be brought under control by the end of July, the Kasikorn Research Center said Thursday.“The Thai economy in the fourth quarter will grow considerably if ...
JSCCIB predicts Q4 recovery amid jabs
The Joint Standing Committee on Commerce, Industry, and Banking (JSCCIB) expects the Thai economy to pick up in the fourth quarter this year — faster than earlier projections of the first quarter of next year — if the government can maintain momentum of its vaccine ...
Bangkok Post Reporter
BoT sets 2 paths for household debt
A central bank economist forecasts a crossroads for the country’s household debt over the next four years, either rising to 92.8% of GDP or declining to 79.1%.If Thai household debt grows at 1.2 times GDP, average growth over the past five years, the country’s household ...
Bangkok Post Reporter
ICI rises 1.6% as jabs boost investor sentiment
The Investor Confidence Index (ICI) for stocks in the next three months rose by 1.6% from the previous month and remains in the bullish zone as investors expect the Covid-19 vaccination programme to ease the pandemic situation.The upcoming nationwide vaccination drive is the main factor ...
Bangkok Post Reporter
Bank of Thailand focuses on assistance measures to aid business customers affected by Covid-19
The Bank of Thailand (BOT) on Tuesday has amended conditions in soft loan decree to be more accessible to a wider range of borrowers, focusing on assisting SMEs in surviving during the pandemic.The BOT and the Finance Ministry have discussed with related parties to offer ...
Container shortage a bigger worry for shippers council than factory Covid clusters
The Thai National Shippers Council (TNSC) has revised upward its forecast for Thai exports in 2021, from 4-6 per cent growth to 6-7 per cent.Chaichan Charoensuk, chairman of TNSC, said in an exclusive interview that the export sector was the main engine to help drive ...
The Nation Reporter
