News
High time to tackle haze
At a glance, the opening of the Centre for Air Pollution Mitigation (CAPM), which is tasked with reducing levels of the toxic PM2.5 fine dust, seemed like a promising sign.The centre is to serve as a focal point for getting ministries and agencies on the ...
BoT studies warehousing concept
The Bank of Thailand has been studying a warehousing concept that allows commercial banks to sell commercial loans parked in funds of asset management companies at prices acceptable to both the creditor and borrower.Given the difficulties amid the Covid-19 crisis, some businesses have had to ...
Somruedi Banchongduang
BoT prepares more baht measures
The Bank of Thailand stands ready to implement additional measures to manage the strengthening baht under a targeted policy, on both a short-term and long-term basis.The central bank’s Monetary Policy Committee (MPC) has expressed concerns over the rapid appreciation of the baht as this affects ...
Somruedi Banchongduang
New land use rules seen as threat to poor farmers
A civic land rights group has expressed concern for the welfare of poorer farmers after a law change to allow commercial development on previously protected Sor Por Kor land was given the green light by agriculture chiefs.“The Agricultural Land Reform Office’s revamped rules allow businessmen, ...
Bangkok Post Reporter
State puts RCEP pact on fast track
The government is speeding up the process to enable parliament to approve its signing of the Regional Comprehensive Economic Partnership (RCEP) trade pact, potentially the word’s biggest free trade deal, by February 2021 to pave the way for full ratification within 2021, says Commerce Minister ...
Phusadee Arunmas
Govt extends emergency to 2021 to curb virus resurgence
The government will extend a nationwide state of emergency through Jan 15 to prevent a resurgence in coronavirus infections during the peak New Year’s travel period, an official said.A meeting of the Covid-19 task force chaired by Prime Minister Prayut Chan-o-cha approved the extension to ...
Landless Thais get homes in mangrove forest in conservation push
Thai authorities have reached an agreement with a landless community that will allow villagers to live in a mangrove forest if they help protect the area, a unique collaboration that could work across the country, land rights groups said.Under a memorandum of understanding (MOU) between ...
Bank of Thailand leaves policy rate unchanged
At a meeting on Wednesday, the Bank of Thailand’s Monetary Policy Committee (MPC) voted unanimously to maintain the policy rate at 0.5 per cent to support economic recovery, while placing emphasis on more targeted measures, MPC secretary Titanun Mallikamas said.The committee believes that despite the ...
The Nation Reporter
Repayment progress in Q3
Borrowers showed improved debt-servicing ability in the third quarter, especially for numerous auto loan customers that exited from the Bank of Thailand’s debt relief measures.Commercial banks provided financial assistance to customers worth a total of 3.78 trillion baht from July to September, making up 26% ...
Somruedi Banchongduang
Eighteen hurt in Thailand's most violent protests since movement began
Thai police fired water cannon and teargas at protesters marching on parliament on Tuesday, and at least 18 people were hurt in the most violent confrontation since a youth-led protest movement emerged in July.The protests have become the biggest challenge to Thailand’s establishment in years.Keep ...