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The Bank of Thailand (BOT) expects Russian banks’ removal from the Swift international transaction system to trigger a rise in inflation, volatility of the baht against the dollar and limited impacts on Thai trade and investment in Russia.“However, Thailand’s financial stability is still in good ...

The Justice Ministry has helped 4,130 people settle debts of Bt921.65 million at the first “Festival for household debt settlement”, held at the Bangkok International Trade & Exhibition Centre on Friday and Saturday.Justice Minister Somsak Thepsuthin said on Monday that the event was a “success”.Somsak ...

The economy improved in February after a moderate slowdown the previous month, owing to an easing of coronavirus curbs and a resumption of a quarantine waiver for foreign tourists, the central bank said on Monday.The Russia-Ukraine crisis is likely to push up inflation and cause ...

The government is advised to speed up state expenditure in fiscal 2022 to lift the economy, which is trapped by rising energy prices and the impact of persistent Covid-19 outbreaks.Danucha Pichayanan, secretary-general of the National Economic and Social Development Council (NESDC), said the Russia-Ukraine crisis ...

Thailand’s unemployment rate in the fourth quarter fell to its lowest level since the pandemic and the jobs situation should improve further with restrictions easing and more foreign tourists returning, the National Economic and Social Development Council (NESDC) said on Monday.The impact of the Omicron ...

Bringing the economy back on track for normal growth is necessary, but may be insufficient if the government does not direct growth in a cleaner manner.Power generation and industries that play a major role in driving the Thai economy need to be seriously adjusted to ...

Deputy Prime Minister Prawit Wongsuwon has ordered state agencies to speed up solving human trafficking problems in the country in the hope Thailand will be reinstated as a Tier 2 nation in 2022.Thailand was demoted from Tier 2 to Tier 2 Watchlist in 2021’s Trafficking ...

The Government Pharmaceutical Organization (GPO) on Saturday said the country is not facing shortages of anti-viral Favipiravir pills for Covid-19 patients.Sirikul Methivirangsan, deputy director of the GPO, was reacting to a message posted on the Rural Doctor Society (RDS) Facebook page earlier saying several hospitals ...

The government and private agencies are taking steps to manage fruit harvests from March onwards in a bid to tackle oversupply and dropping prices.Chantanon Wannakhajorn, secretary-general of the Office of Agricultural Economics, said the agency’s teams have devised management plans by surveying farmers, exporters, cooperatives, ...

The Public Health Ministry aims to relegate the Covid-19 from a pandemic to an endemic in four months, it announced Thursday.Dr Kiartiphum Wongrachit, the ministry’s permanent secretary, said the goal is to make the change in four months.Kiartiphum said he had learned from epidemiologists that ...