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The economy should improve further in the final quarter of this year thanks to government support measures and September’s relaxation of coronavirus curbs to spur activity, a deputy prime minister said on Thursday.The government will ensure the supply of Covid-19 vaccines is boosted to support ...

The Covid-19 outbreak caused fuel consumption in Thailand to decline by 4.4% during the first eight months of 2021 to a daily average of 131 million litres, down from a daily average of 137 million litres during the corresponding period last year, says the Department ...

Economic inequality is expected to widen after the outbreak is controlled because lower-income earners will likely continue to suffer from the impact of the pandemic during an uneven recovery, says Bank of Thailand governor Sethaput Suthiwartnarueput.Thailand grappled with economic inequality and social injustice before the ...

The Bank of Thailand (BOT) announced on Wednesday that it had maintained its estimation of gross domestic product (GDP) in 2021 at 0.7 per cent expansion, but increased its forecast of 2022 GDP to 3.9 per cent from its August estimation of 3.7 per cent.“The ...

The government has planned to introduce an estimated 45.4 billion baht in stimulus to help smaller businesses retain jobs, a planning agency said on Thursday, as the country deals with a prolonged coronavirus outbreak.The government will pay firms a total of 9,000 baht for each ...

The Cabinet on Tuesday approved immediate registration of undocumented migrant workers in a bid to curb further outbreaks of Covid-19.The move means foreign workers who do not have work permits can be registered quickly so they are covered by disease controls.Labour Minister Suchart Chomklin explained ...

The Covid-19 outbreak caused the manufacturing production index (MPI) to dip by 4.15% year-on-year to 87.71 points in August, but the index kept growing during the first eight months of this year, the Office of Industrial Economics (OIE) reported on Wednesday.Despite the pandemic’s impact on ...

The Bank of Thailand held its key interest rate unchanged on Wednesday as the country’s Covid-19 outbreak eases, allowing the government to loosen movement restrictions to boost local demand and tourism.The bank’s Monetary Policy Committee voted unanimously Wednesday to hold the one-day repurchase rate at ...

Nearly three months ago, Thailand launched its pilot programme to reopen selected destinations to vaccinated foreign tourists without quarantine.The trial reopening began in Phuket on July 1, followed by three resort islands of Surat Thani on July 15.Under the “Phuket Sandbox” programme, foreigners who can ...

The State Fiscal Policy Committee on Monday approved raising Thailand’s public debt ceiling from 60 per cent to 70 per cent of GDP.The new limit would be proposed at Tuesday’s Cabinet meeting for approval, said Finance Minister Arkhom Termpittayapaisith.The committee, which is chaired by Prime ...