Economy and commerce

The Department of Business Development is shifting business certification and juristic person registration services online to reduce the risk of Covid-19 infection, according to its director-general, Vuttikrai Leewiraphan.“To comply with the government’s work-from-home policy and to promote social distancing, the Department of Business Development has ...

The Thai economy is expected to lose 1.3 trillion baht, almost all of it in the tourist sector, due to the initial impact of the coronavirus pandemic, a banking association said on Tuesday.“But if the outbreak cannot be controlled within the current quarter, the impact ...

The Stock Exchange of Thailand (SET) Index closed at 1,236.78 on Monday (April 13) marking an increase of 8.75 points or 0.71 per cent.Transactions were worth a total of Bt49.474 billion with an index high of 1,237.23 and a low of 1,220.00.A stock analyst at ...

It is undeniable the Covid-19 outbreak is wreaking havoc on economies worldwide. To lessen the pain on their citizens and prevent economic free-fall into the recession trap, most governments are rolling out stimulus packages, typically consisting of cash handouts, wage compensation and concessional loans.Keep reading ...

Thailand’s inflation rate may be as low as -1% this year as the escalating spread of Covid-19 has weakened overall domestic demand.Pimchanok Vonkorpon, director-general of the Trade Policy and Strategy Office, the planning unit of the Commerce Ministry, said a -1% inflation rate would be ...

Thailand’s headline consumer price index (CPI) dropped 0.54% in March from a year earlier, the weakest in 51 months, but slightly better than expectations, commerce ministry data showed on Tuesday.The reading compared with a forecast decline of 0.60% in a Reuters poll, and with February’s ...

Thai stocks surged as trading resumed after the Chakri Memorial Day holiday, boosted by rising optimism about a waning coronavirus outbreak and the government’s new economic stimulus.The benchmark SET Index rose 6.7% as of 4.58pm in Bangkok, poised for the highest gain since March 11. ...

The cabinet on Tuesday approved 1.9-trillion-baht spending to help people and businesses affected by the coronavirus disease 2019 (Covid-19), including 600 billion baht for six-month cash giveaways and 500-billion-baht soft loans for small and medium-sized businesses.The package, the third phase of the stimulus programme to ...

Thailand’s new package of economic measures to mitigate the impact of the coronavirus outbreak will be worth about 10% of its gross domestic product (GDP), Deputy Prime Minister Somkid Jatusripitak said on Friday.The package will cover all economic sectors for at least the next six ...

Thailand’s cross-border trade fell by 6.5% year-on-year in the first two months of 2020 as the spreading coronavirus snarled the global economy and logistics systems, particularly in southern China.The Foreign Trade Department on Tuesday said the country’s overall cross-border trade, including transit trade, totalled 171.31 ...