Pandemics

Consumer confidence dropped for a second straight month in January, hitting a nine-month low, the University of the Thai Chamber of Commerce reported on Thursday.The UTTC consumer index fell to 47.8 in January from 50.1 in December.The report attributed the drop to concerns about the ...

Thailand’s economy, hit hard by the pandemic, is predicted by the World Bank to take approximately two years to recover. Living through periods of great uncertainty and rapid change is unnerving for us. But, around the world, leading companies are using pandemic-driven changes to position ...

The Bank of Thailand held its benchmark interest rate steady at an all-time low as fiscal measures take the lead in reviving the economy amid a renewed outbreak of Covid-19.The central bank held the policy rate Wednesday at 0.5% in a unanimous decision, after cutting ...

Fuel consumption in Thailand contracted by 12.5% last year because of strict state measures to prevent the spread of Covid-19, including a lockdown order, according to the Department of Energy Business (DOEB).The government did not enforce a nationwide lockdown for the fresh outbreak starting last ...

The government said on Tuesday that the country’s coronavirus outbreak situation is improving, despite the high number of cases that are being found via pro-active screenings, and as 836 new cases were reported in the previous 24 hours.Increased effortยs in conducting proactive tests are ongoing ...

The tourism ministry outlined assistance schemes for tourism-related businesses on Tuesday, as the tourism minister said we were going to ask for Covid-19 vaccines to be rolled out to tourism workers to boost the shattered sector.The proposals include a salary co-payment programme, soft loans, and ...

People registered in the social security system are in the pipeline to be eligible to receive the 7,000-baht money transfer under the Rao Chana (We Win) scheme, says Finance Minister Arkhom Termpittayapaisith.Some of the 11 million employees, who are covered under Section 33 of the ...

Thailand’s exports are expected to grow by 3% to 4% this year as the global economy recovers, but a stubbornly strong baht currency remains a worry, the shippers’ council said on Tuesday.Exports, a key driver of growth, could perform better than expected on vaccine developments ...

Investor confidence in Thai financial markets over the next three months has improved slightly on optimism over vaccines and capital inflows, but has been capped by a new wave of coronavirus cases, a capital market association said on Tuesday.A survey in January by the Thai ...

Thailand’s public debt will not exceed the 60% ceiling rate by 2025 if there is no more borrowing for COVID-19 management.Finance Minister Arkhom Termpittayapaisith said the government expects to manage the fresh outbreak and there is sufficient capital in government coffers to cushion the impact.He ...