News

Land transport from Thailand is expected to drop sharply this year.The Land Transport Federation of Thailand (LTFT) expects shipments overland to continue to drop because of the Covid-19 outbreak limiting demand worldwide.The organisation is concerned food exports will be particularly affected as food products and ...

Thailand’s move to adopt stringent international emissions standards in just two years is causing consternation among automakers in Southeast Asia’s largest vehicle manufacturing hub.Keep reading ...

The Bank of Thailand (BoT) has no plan to call an emergency meeting following the US Federal Reserve’s weekend decision to cut its policy rate to zero.Other central banks have also cut rates in unscheduled policy announcements in a concerted bid to blunt the impact ...

Economists have urged the government to expand the fiscal deficit to up to 600 billion baht, while more stimulus packages are hopefully on course to counter the impact of the Covid-19 outbreak in Thailand.Secretary to the Council of Economic Ministers, Kobsak Pootrakool, says that the ...

Oil prices dropped due to market uncertainty amid the spreading Covid-19 virus, an energy situation analyst at Thai Oil said today (March 17).Prices dropped as markets were concerned that a global economic recession would emerge again in this dire Covid-19 situation as a number of ...

Ahead of the March 25 Monetary Policy Committee meeting, central bank governor Veerathai Santiprabhob discusses the need to “act early” with previous monetary policy easing and warns the foreign exchange rate will continue to be highly volatile against the backdrop of the Covid-19 outbreak. Keep watching ...

Thailand is preparing to restrict some aspects of daily life after the country’s biggest spike in coronavirus cases, further damaging one of Asia’s weakest economic outlooks.The steps to be considered Monday include placing more curbs on foreign arrivals, cancelling events with big crowds and closing ...

The prospect of the Covid-19 outbreak turning into a “Stage 3” full-blown epidemic in Thailand is deepening worries over the dire shortage of face masks.Though the Commerce Ministry’s Internal Trade Department (ITD) has placed controls on domestic mask manufacturing and distribution to prevent hoarding and ...

Tanarak Plipat, deputy director-general of the Disease Control Department, has recently become a household name because of his daily updates on the Covid-19 outbreak in Thailand.In his briefings, he always stresses the need to maintain personal hygiene as a protection against the novel coronavirus, in ...

Siam Commercial Bank’s Economic Intelligence Centre (EIC) has warned Thailand is on course for a technical recession in the first half of the year as the centre cuts its 2020 GDP forecast for the country to -0.3% from the previous 1.8% due to the increasing ...