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The Bank of Thailand has added measures on retail loan restructuring as part of its third phase of debt relief for individual borrowers, aiming to ease hardships caused by the pandemic.The central bank started implementing new measures for debt relief on Friday, including restructuring consumer ...

The Bank of Thailand predicts domestic tourism will be weaker in May than the previous month because of the severity of the third wave.The central bank reported the hotel occupancy rate in April was below 20% on average because of the significant decline in local ...

About 80 per cent of people who are insured under the social security scheme want to be vaccinated against Covid-19, Labour Minister Suchart Chomklin said on Saturday.“The ministry has let employers survey their employees’ need to get Covid-19 vaccine using an online platform on the ...

The National Health Security Office (NHSO) will seek an additional budget of 9.8 billion baht to help those affected by the third wave of Covid-19.NHSO secretary-general Jadej Thammatacharee said on Thursday the board had agreed to seek 9.87 billion baht from the government to pay ...

The Social Security Office (SSO) is to seek the cabinet’s approval to cut social security fund (SSF) contributions to support those affected by Covid-19 for three months.Surachai Chaitrakulthong, assistant to the labour minister, said on Thursday the Federation of Thai Industry had asked the ministry ...

Thailand’s economy probably shrank again in the first quarter of this year, a Reuters poll showed on Friday, as coronavirus outbreaks hurt consumption and tourism, slowing the pace of the economic recovery.Southeast Asia’s second-largest economy, which is heavily reliant on tourism, is believed to have ...

The Transport Ministry will spend over THB7.2 billion on building a new road network in the Eastern Economic Corridor (EEC) next year.About THB211.61 has been allocated to the Transport Ministry in the draft budget for fiscal year 2022, said Transport Minister Saksayam Chidchob. The draft ...

The Tourism Authority of Thailand (TAT) has downgraded its outlook for domestic trips and tourism receipts this year because of the economic downturn, with the third wave undermining domestic tourism.TAT governor Yuthasak Supasorn said the country needs to maintain the momentum of the 90.5 million ...

Digital Economy and Society (DES) Minister Chaiwut Thanakhamanusorn has revealed progress on moves to widen internet access for Thais on low income.Options discussed at a ministry meeting on Thursday included giving free internet access to poor households, Chaiwut said.The ministry is waiting for approval to ...

Real-time data availability, automated data analytics, data-centric culture and skillsets, as well as digital transformation hold the key to helping organisations overcome difficulties in the wake of the pandemic, say leading private and state organisations.“Every business is a digital business that needs to have the ...