BoT and Ministry look to tweaking soft loans for SME aid

The Finance Ministry and the Bank of Thailand are set to discuss amending the soft loan royal decree soon in a bid to provide greater financial relief coverage for small and medium-sized enterprises (SMEs).The idea of amending this royal decree stems from the intent of ...

Wichit Chantanusornsiri

Pandemic steps to steer GDP outlook

Thailand’s GDP growth projection of 3.2% for this year could be downgraded by as much as four percentage points, depending on the government’s management of the latest outbreak, says the Bank of Thailand.There are three scenarios that could cause the country’s economic growth outlook to ...

Somruedi Banchongduang

Panel approves airport expansion

A panel in charge of upgrading Suvarnabhumi airport has approved a major development scheme worth nearly 60 billion baht to support the post-Covid-19 recovery of air travel demand.Transport Minister Saksayam Chidchob, the committee’s vice chairman, recently said the development project comprises the construction of three ...

Supoj Wancharoen

Anti-flooding plans agreed

A government committee on Thursday approved four flood prevention projects in Bangkok and a water supply project in Pattani.The projects were approved at a meeting chaired by Deputy Prime Minister Prawit Wongsuwon, said Office of National Water Resources (ONWR) secretary-general Somkiat Prajamwong.Keep reading ...

Bangkok Post Reporter

A look at the vaccine situation across ASEAN

The following is a brief look at what other ASEAN countries outside of Thailand are doing to secure Covid-19 vaccines. Nine out of the ten ASEAN members are waiting to secure covid vaccines from the World Health Organization (WHO)’s COVAX Facility. The WHO announced last ...

Association of Domestic Travel upbeat on domestic tour goal

The government’s domestic tourism goal of 200 million trips this year is achievable, though it depends on state support via more stimulus plans, says the Association of Domestic Travel (ADT).Operators would like the government to flatten the infection rate curve from the hundreds daily to ...

Dusida Worrachaddejchai

Informal workers need bank accounts for handouts

Informal workers must have monetary deposits in a bank account to be eligible for the 3,500-baht financial relief available for a two-month period, says a Finance Ministry source.The sum of deposits required to be eligible for the financial relief is confidential at this time, according ...

Wichit Chantanusornsiri

Reduced water, electricity bills among relief measures approved by Cabinet

The Cabinet on Tuesday approved measures proposed by the Office of the National Economics and Social Development Council (NESDC) to help alleviate the people’s financial burden during the latest Covid-19 outbreak, Prime Minister General Prayut Chan-o-cha announced after the meeting.“The Metropolitan Waterworks Authority and Provincial ...

The Nation Reporter

Labour Ministry readies over 58,000 job vacancies for workers hit by new outbreak

The Labour Ministry is gathering a list of more than 58,000 available positions to help workers made jobless by the fresh Covid-19 outbreak.The ministry’s Department of Employment (DoE) will advertise 58,151 job positions from private firms and government agencies, said DoE director-general Suchat Pornchaiwiseskul on ...

The Nation Reporter

Thailand boosts unemployment benefits and cuts taxes to help citizens faced with Covid costs

Thai social security contributions are to be lowered from 5 to 3 per cent for three months from January following approval by the cabinet Tuesday.The unemployment benefit for those let go due to the impacts of the Covid-19 pandemic was increased from 50 per cent ...

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