Thailand’s economy resilient to the pandemic, central bank says

The Thai economy is well placed to weather the impact of the Covid-19 pandemic, the central bank said Wednesday, citing strong foreign reserves and a resilient banking system.Although the nation’s economy is likely to recover more slowly than regional peers, it is highly resilient in ...

Thai unemployment rate dips in Q2 but virus curbs to hit jobs

Thailand’s unemployment rate in the second quarter dipped from a 12-year high in the previous three month, but restrictions to contain the country’s biggest coronavirus outbreak are likely to impact more jobs, the state planning agency said on Wednesday.The Southeast Asian country’s latest outbreak that ...

Covid causes plunge into poverty

Almost 800,000 more people were plunged into poverty last year as a result of the Covid-19 pandemic, a study has found.The study on the social and economic impacts of the public health crisis was commissioned by the Thailand Science Research and Innovation (TSRI). It also ...

Bangkok Post Reporter

Ministry to propose limited resumption of dine-in service

The Public Health Ministry is seeking approval from the Centre for Covid-19 Situation Administration (CCSA) to allow restaurants to reopen to fully vaccinated diners as new infections have declined in the past few days.“The Covid-19 situation appears to be improving. Certain restrictions should therefore be ...

Bangkok Post Reporter

TDRI urges govt to prioritise procurement of high-quality vaccines

The Thailand Development Research Institute (TDRI) has said the country is far from ready to be reopened in 120 days as previously stated by the prime minister.In an article titled “Investing in Public Health”, published on Tuesday, the TDRI suggested that the focus should be ...

The Nation Reporter

TAT plea to amend sandbox plan

The Tourism Authority of Thailand (TAT) is asking the Centre for Covid-19 Situation Administration (CCSA) to approve the so-called 7+7 model allowing tourists to stay in Phuket for seven days before visiting other locations.Thanakorn Wangboonkongchana, a secretary attached to the Prime Minister’s Office, said on ...

Bangkok Post Reporter

Over half of SMEs unlikely to survive six months without government support

The Federation of Thai SMEs has warned that small and medium-sized enterprises faced a serious crisis, with 13 per cent at risk of not surviving three months, and 40 per cent likely to close down within six months.Federation chairman Sangchai Theerakulwanich urged the government to ...

The Nation Reporter

Worsening outlook limits investment opportunity

July was the worst month for Covid-19 in Thailand since the pandemic began and cases continue to rise by more than 20,000 daily. Total cases in the country have surpassed 830,000, with more than 200,000 infections and 2,100 deaths since the start of August alone.The ...

Sandbox tourism scheme generates over THB1 billion for Phuket economy

The Phuket “sandbox” programme drew over 19,000 foreign tourists and generated over THB1 billion in revenue for the province, Thanusak Pheungdet, president of the Phuket Chamber of Commerce, said on Friday.The sandbox scheme, which kicked off on July 1, aims to reopen Phuket to foreign ...

The Nation Reporter

Vaccine tourism set to spike

Outbound tour operators expect increasing demand for vaccine tourism in the fourth quarter because of the delay in procurement of high-quality vaccines in Thailand.Suthiphong Pheunphiphop, president of the Thai Travel Agents Association (TTAA), said even if local travellers are able to take outbound trips in ...

Bangkok Post Reporter

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