News
Food delivery industry to reduce plastic usage [Video]
The Ministry of Natural Resources and Environment has signed a Memorandum of Understanding (MoU) with six food delivery services, aiming to reduce the usage of plastic containers and cutlery.Keep watching ...
Tourism operators' confidence index up in third quarter [Video]
The Tourism Council of Thailand (TCT) has reported that the tourism operators’ confidence index increased from 37 points in the second quarter to 60 points in the third quarter, following the lifting of various COVID-19 restrictions.Keep watching ...
World Bank revises Thai GDP forecast for the year to 8.3 percent contraction
The World Bank expects Thailand’s gross domestic product (GDP) to contract 8.3 per cent this year, more than the earlier estimate of minus 5 percent.The bank expects the economy to expand by 4.9 per cent next year, with more than two years required for the ...
The Nation Reporter
More stimulus measures in store to drive spending
The government looks set to introduce fresh stimulus measures, particularly aiming to spur spending by middle- and high-income earners and boost private investment.Deputy Prime Minister Supattanapong Punmeechaow said the new measures will be based on the co-payment principle and include the features of the Taste-Shop-Spend ...
Bangkok Post Reporter
BOT expects strong economic rebound in Q2 2021 [Video]
The Bank of Thailand (BoT) has said that the country’s limited reopening for international visitors will not significantly help the Thai economy recover much this year, although positive signs are seen from increased domestic spending, with a strong recovery expected in the second quarter next ...
Thailand Greenlights $400MN Spending Hike for Sino-Built High-Speed Rail Project
Thailand’s cabinet on Tuesday authorized a 12 billion baht-budget increase (nearly U.S. $400 million) for a high-speed railway being built by Chinese state firms between northeastern Nakhon Ratchasima province and the capital Bangkok, a government spokeswoman said.The additional money was needed for technical changes to ...
Deal struck to reduce plastics use
The Ministry of Natural Resources and Environment (MNRE) is collaborating with food delivery service providers to reduce the use of single-use plastics.The two sides signed an agreement on Wednesday aimed at cutting down on discarded single-use plastic items.Keep reading ...
Apinya Wipatayotin
Govt’s struggle to deploy fiscal spending weighs on outlook
Fiscal policy is back in focus in Thailand as the central bank runs out of conventional monetary policy space to spur the economy.With interest rates near zero, the Bank of Thailand (BoT) last week called for “more targeted and timely” government policies to support the ...
Cabinet approves B1.5tn borrowing next year
The government will borrow 1.5 trillion baht next year to counter the economic impact from the coronavirus pandemic amid dwindling state revenue.A cabinet meeting chaired by Prime Minister Prayut Chan-o-cha on Tuesday approved borrowing of 1.47 trillion baht in the fiscal year starting Oct 1, ...
Thailand to slowly restart tourism with flight from China
Thailand will receive its first foreign vacationers when a flight from China arrives next week, marking the gradual restart of a vital tourism sector battered by coronavirus travel curbs, a senior official said on Tuesday.The first flight will have about 120 tourists from Guangzhou, flying ...
