News

Thailand second quarter economy likely shrank by record 12%-13% year-on-year: central bank

Thailand’s economy may have shrank by 12%-13% in the second quarter from a year earlier due to the impacts of the coronavirous pandemic, the central bank said on Friday, in what could be a record contraction.However, the economy had improved in June from the previous ...

The unseen human cost of cheap power

On July 23, 2018, the villagers of Attapeu, a sleepy town in southern Laos, suffered their worst nightmare when the Xe-Pian Xe-Namnoy hydropower dam suddenly burst, unleashing massive torrents of water that swallowed local villages, killing 71. More than 7,000 were made homeless.The survivors lost ...

Bangkok Post Reporter

Baht strengthens slightly

The baht opened at 31.41 to the US dollar this morning (July 30), strengthening from yesterday’s close of 31.44.The Thai currency is expected to move between 31.35 and 31.55, said Jitipol Puksamatanan, head of Markets Strategy at SCB Securities.Yesterday night (Thailand time), the US stock ...

The Nation Reporter

Rethink 'Asia battery' plan

Two years ago this month, the villagers of Attapeu in southern Laos encountered their worst nightmare when the Xe-Pian Xe-Namnoy hydropower dam, which was under construction, failed. Massive torrents of water swept through several villages, causing 71 deaths, heavy damage to properties and left around ...

PTTEP reveals 10-year strategy for growth after Covid-19

PTT Exploration and Production (PTTEP) has refocused its 10-year business strategy for the post-pandemic era.“After evaluating the impact of the Covid-19 pandemic and the changing industry landscape, PTTEP has sharpened business plans and set goals for 2030 of maintaining our competitiveness and ensuring sustainable growth,” ...

The Nation Reporter

Thailand Sees 8.5% GDP Contraction as Virus Ravages Economy

Thailand’s economy will likely contract 8.5% in 2020, worse than previously estimated and the biggest decline of any Asian nation this year.The Finance Ministry’s forecast, released in Bangkok on Thursday, compares with a previous projection of 2.4% growth. The central bank is estimating the economy ...

Thai pro-government rally raises risk of new confrontations

Dozens of Thai demonstrators singing patriotic songs and shouting “long live the king” rallied in the capital on Thursday in response to a series of anti-government protests led by student groups in recent weeks.The crowd, a mix mainly of the retired and some vocational students ...

Software to trace school hardship

The Equitable Education Fund (EEF) on Wednesday launched a new version of its Information System for Equitable Education management software to reduce inequality among students in the kingdom.Kraiyos Patrawat, an assistant manager at EEF, said the software, dubbed iSEE 2.0, would be used by the ...

Dumrongkiat Mala

Public health volunteers call off protest

Public health volunteers fighting the Covid-19 pandemic decided against going ahead with a protest even though they are getting less than half the bonus payment promised by the government.The frontline volunteers were credited with working hard on the ground to contain the virus outbreak.Keep reading ...

Bangkok Post Reporter

Travel stimulus scheme may run till year-end

The deadline of the “We Travel Together” campaign may be extended to increase tourism momentum for the rest of the year, while travel bubbles for tourists will take place in October, says the Tourism and Sports Ministry.Phiphat Ratchakitprakarn, the tourism and sports minister, said the ...

Dusida Worrachaddejchai

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