Economy and commerce

Thailand’s exports to China were able to grow in some industries such as plastic, automotive spare parts and agricultural products despite the outbreak of Covid-19, Suphan Mongkolsuthree, chairman of the Federation of Thai Industries (FTI), said.He was speaking after a meeting with Li Zhigang, vice-chairman ...

The US suspension of tariff privileges under the Generalised System of Preferences (GSP), which comes into effect on April 25, will affect 573 Thai products, a Cabinet meeting on March 3 was told, Deputy Government Spokeswoman Rachada Thanadirek said.The businesses in the listed products will ...

The Finance Ministry will propose to the Council of Economic Ministers on Friday a plan to hand out Bt1,000 each to around 10 million low-income earners as part of its first relief package to mitigate the economic impact of the Covid-19 outbreak.Minister Uttama Savanayana said ...

A panic-selling spree ignited by mounting coronavirus infections across the globe caused another free fall for Thailand’s stock market, prompting consultants to urge the Finance Ministry to rethink expired tax deduction privileges for long-term equity funds (LTFs) and help stabilise market conditions.Keep reading ...

The Bank of Thailand says the economy is likely to expand by less than 1% in 2020 if the coronavirus outbreak lasts throughout the year, says a central bank senior official.If the virus continues to spread for the entire year, which is longer than the ...

The Fiscal Policy Office (FPO) has indicated that the Thai economy in January showed positive signs, due to the growths in the export sector, durable goods consumption in the private sector, and sales figures of personal vehicles. The office, however, pointed out that the COVID-19 ...

Rising coronavirus cases in Thailand dimmed the outlook for a quick rebound in tourism, sending the nation’s equities benchmark to rank as the world’s worst performer.Thailand’s SET Index’s 5.1% slump on Wednesday, most in six years, came after the government said confirmed cases of the ...

Thailand’s benchmark equity index tumbled to its biggest one-day loss since 2014, plunging below 1,400 points as rising local coronavirus infections shattered already fragile investment sentiment.The Thai bourse was the biggest loser in Asia-Pacific for the second time in three days.Keep reading ...

The Government’s economic policies are tailored to favour large corporations at the expense of the poor, resulting in the minority rich becoming richer while the poor get poorer, said party list MP of the now defunct Future Forward party, Mr. Pita Limjaroenrat, during the censure ...

A majority of people say they are now under economic pressure, particularly from the high cost of living, high prices of goods and an inability to meet daily expenses, according to the result of a survey by Suan Dusit Rajabhat University, or Suan Dusit Poll.The ...