News

'Moderate' virus impact on Thai GDP

The novel coronavirus could lower Thailand’s nominal GDP by 0.09-0.13% if the outbreak lasts longer than three months but less than six months, says Kasikorn Research Center (K-Research).“For Thailand, the impact is moderate,” the research house under Kasikornbank said in a note. Economic damage could ...

Thai-Cambodian trade will miss $15bn target this year

The US$15 billion bilateral trade target between Cambodia and Thailand set for this year will not be reached, but senior officials say they are happy so far.Trade between the two countries grew by 12% in 2019 to $9.4 billion, increasing from $5 billion in 2015, ...

Thailand Seeks More Than $2 Billion in Auction of 5G Spectrum

Thailand will auction spectrum for fifth-generation mobile services on Sunday in a sale that may generate more than $2 billion.The National Broadcasting & Telecommunications Commission has said it expects firms to snap up as many as 28 of the 56 licenses available. That would be ...

Suttinee Yuvejwattana

Amid drought, EEC can’t be left parched

PTT Group executives met with Deputy Prime Minister Somkid Jatusripitak on Wednesday (February 12) to discuss the chronic drought’s likely effects on business, especially in the Eastern Economic Corridor (EEC).PTT president and chief executive Chansin Treenuchagron said an aqueduct system is in place to supply ...

The Nation Reporter

Central bank worries virus impact could drag growth below 2 per cent

The Thai economy could be hit hard if the new coronavirus (Covid-19) outbreak is prolonged, Don Nakornthab, senior director at the Bank of Thailand, said on Thursday (February 13).The economy is already weighed down by the impacts of the delay in implementing the annual budget ...

The Nation Reporter

Cabinet gives nod to new anti-dust law

The cabinet has approved a draft ministerial law on construction as it steps up efforts to reduce harmful levels of ultra-fine particles of dust.The current law, enforced since 1983, is too old to be applied to modern building methods in line with safety and environmental ...

Bangkok Post Reporter

Thailand risks slipping to 3rd place in rice exports

Thailand risks losing its place as the world’s second biggest rice exporter this year thanks to weaker competitiveness and a lack of rice varieties to cater to changing market demand.Charoen Laothamatas, president of the Thai Rice Exporters Association, said amid stiff competition, relatively higher production ...

Phusadee Arunmas

TCBC Celebrated 70 Years of Thailand-Cambodia Diplomatic Relations

To Focus on Commercial Strength and Bilateral Investment for the Growth of CLMV EconomyMr. Chanitr Charnchainarong, Chairman of Thailand-Cambodia Business Council (TCBC) revealed that TCBC in collaboration with The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB), and The Stock Exchange of Thailand (SET) ...

Drop seen in demand for household loans this quarter

Demand for household loan is expected to decline in the first quarter of this year in line with the current economic situation that has affected consumers’ spending, according to a survey on loan tendency by the Bank of Thailand (BOT),The survey was conducted among executives ...

The Nation Reporter

Forged in crisis, Thailand's youth are discovering their political voice

Just as dusk spread across Bangkok on a recent Sunday evening, the mood in a cavernous warehouse near a busy traffic intersection was electric. The crowd chanted anti-establishment slogans in response to the provocative hip-hop blasting out from the stage, as headliners Rap Against Dictatorship ...

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