News

House debating B500bn loan bill

Parliament on Wednesday started debating a bill to allow the government to borrow an additional 500 billion baht to help deal with the country’s latest and biggest coronavirus outbreak.The economy is expected to grow only 1.5%-2.5% this year after last year’s 6.1% slump, with tourism ...

Thai businesses call for doubling of Covid co-payment scheme

Thailand’s private sector called on the government to double the credit amount of the co-payment scheme on Wednesday to inject more liquidity into an economy made sluggish by the third wave of Covid-19.The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) held a meeting ...

Cabinet backs B2.25bn for job scheme

The cabinet on Tuesday approved the allocation of 2.25 billion baht from a central budget reserved for emergency purposes in fiscal 2021 to hire 10,000 new university graduates for one year, in a move to help people financially suffering from the coronavirus outbreak.According to Prime ...

Bangkok Post Reporter

Thai coal major Banpu aims for 6-fold solar growth with Aussie deal

Banpu, Thailand’s largest coal company, has moved to acquire two solar farms in Australia as it seeks to boost capacity in this field of renewable energy roughly sixfold by 2025.Banpu announced Tuesday the 97.5 million Australian dollar ($75.4 million) purchase of the power stations with ...

BoT sets 2 paths for household debt

A central bank economist forecasts a crossroads for the country’s household debt over the next four years, either rising to 92.8% of GDP or declining to 79.1%.If Thai household debt grows at 1.2 times GDP, average growth over the past five years, the country’s household ...

Bangkok Post Reporter

Govt targets 3m foreign tourists this year

Thailand is targeting three million foreign tourists this year, tied to a phased reopening to vaccinated visitors later this year, the state tourism agency said on Wednesday.The target is lower than the four million tourists projected by the Tourism Authority of Thailand (TAT) in April, ...

Law to regulate social media content in the pipeline

A proposal for legislation to control social media content in Thailand was raised by the prime minister at Tuesday’s Cabinet meeting, government spokesman Anucha Burapachaisri said.Prayut cited recent legislation in India to regulate social media, including various blogs, the spokesman said.India’s new rules require internet ...

The Nation Reporter

Disparity worsens ocean pollution

Ocean plastic pollution is threatening humanity and Thailand cannot escape the blame as one of the world’s worst marine polluters. Although the government has pledged to tackle marine pollution, one thing is certain. Success is out of reach if the state authorities fail to engage ...

Bangkok Post Reporter

Thai industries sentiment hits 11-month low in May

Thailand’s industries sentiment dropped for a second straight month in May, hitting an 11-month low, due to a third wave of coronavirus infections and a slow vaccine rollout, an industries group said on Tuesday.The Federation of Thai Industries (FTI) said its Thai industries sentiment index ...

ICI rises 1.6% as jabs boost investor sentiment

The Investor Confidence Index (ICI) for stocks in the next three months rose by 1.6% from the previous month and remains in the bullish zone as investors expect the Covid-19 vaccination programme to ease the pandemic situation.The upcoming nationwide vaccination drive is the main factor ...

Bangkok Post Reporter

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