News

Thailand Risks First Double-Dip Recession Since 1998 Asia Crisis

Thailand will likely be the worst economic performer in Southeast Asia this year, with economists continuing to slash the country’s growth forecast amid surging Covid-19 infections, mounting political tensions and fading hopes for a tourism revival.Gross domestic product is expected to grow 1.8% this year, ...

FTI warns of supply side disruption

Soaring Covid-19 infections spreading into the industrial sector could lead to scarcity of domestic goods, hurting consumers already smarting from weaker purchasing power, warns the Federation of Thai Industries (FTI).The FTI raised the alarm after earlier warning about the impact on the export sector if ...

Lamonphet Apisitniran

Thailand’s street protests return, taking aim at Prayuth’s handling of Covid-19 pandemic

More than a year after youth-led pro-democracy protests first swept the country demanding Prime Minister Prayuth Chan-ocha’s resignation and a new constitution, street politics have returned to Thailand.This even though Covid-19 cases are surging with Bangkok under a lockdown. The capital’s medical system has been ...

Prolonged lockdowns to cause GDP drop

The economic impact from lockdowns may cause Thai GDP to drop by 300 billion baht or 1.7 percentage points, while listed companies’ earnings price per share are expected to decline by 4% this year, as reflected in recent decreases in share prices, according to Kasikorn ...

Bangkok Post Reporter

Cabinet approves cuts to tuition fees to help students, parents [Video]

To assist school and university students and their parents during the time of the pandemic, the Cabinet has approved a proposal to reduce tuition fees from basic to higher education.Keep watching ...

Private spending slowed in June under impact from virus: FPO

The Thai economy in June continued to feel the impact of Covid-19, Fiscal Policy Office (FPO) revealed on Wednesday.The impact was reflected in the slowdown in private spending, especially private investment. However, exports continued to expand at a high rate, the FPO added.Private consumption indicators ...

The Nation Reporter

Thailand’s hospitals under pressure as Covid crisis deepens

Thailand’s worsening Covid outbreak is placing intense pressure on hospitals, forcing doctors to treat patients in parking lots and turn away people who are severely ill.The country was widely praised for its Covid response last year, when it maintained one of the lowest caseloads in ...

Cabinet approves additional B46bn in virus relief measures

The cabinet approved an additional 46 billion baht of support measures on Tuesday for education and Covid-19-related assistance as the country tackles its biggest wave of coronavirus infections to date.Of the total budget, 33 billion baht will be offered directly to students, including 2,000 baht ...

Over 10% test positive in crowded city areas

More than 13% of people in 40 high-density communities in Bangkok were found to be infected during proactive Covid-19 screening carried out by the Rural Doctors’ Society (RDS) and its partners.According to the RDS, its medical teams and staff from hospitals from various provinces carried ...

Bangkok Post Reporter

Govt must reveal full details of vaccine contracts, say academics and media

Thai academics and mass media workers on Monday issued a statement demanding that the government reveal details of its Covid-19 vaccine management and distribution, under open standards for data.The statement, which was signed by 333 scholars, mass media agencies and members of the public, said ...

The Nation Reporter

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