News

Thai GDP exceeds expectations with 1.9% rise in 2021 Q4

Thailand’s economy performed better than expected in the fourth quarter of 2021, expanding 1.9 per cent year on year, according to official figures on Monday.Reuters had forecast a 1.4 per cent expansion from October to December.Meanwhile gross domestic product (GDP) for the whole year rose ...

The Nation Reporter

Economic crisis could lead to House dissolution: poll

The current economic crisis could possibly lead to dissolution of the House of Representatives, according to a survey by Suan Dusit Rajabhat University, or Suan Dusit Poll.The poll was conducted online on Feb 14-17 on 1,148 people throughout the country to compile their opinions on ...

Bangkok Post Reporter

NHSO backs B51bn loan to cover coronavirus costs

The National Health Security Office (NHSO) Board has agreed to a proposal to secure a 51-billion-baht loan by executive decree. The loan will fund reimbursement claims for Covid-related services for 10 months.Acquiring the loan began in earnest after a meeting on Feb 7, presided over ...

Bangkok Post Reporter

Indigenous rights deserve a break

Exactly a year ago this month, a group of indigenous Karen forest dwellers left their resettlement village in Kaeng Krachan National Park to go back to Bang Kloy Bon and Jai Paen Din, their ancestral homes deep in the jungle. They were immediately arrested and ...

Bangkok Post Reporter

Thai tourism sector calls for easing of COVID-19 requirements to boost arrivals

Tourism organisations in Thailand have called on the government to ease the COVID-19 requirements for international visitors to boost arrivals in time for the Easter holidays in April.Presidents of 20 tourism associations and councils submitted a letter to Prime Minister Prayut Chan-o-cha and related officials, ...

Thai agricultural products enjoying export growth spurt

Thailand’s agricultural product exports grew 17 per cent last year despite the Covid-19 pandemic, the Office of Agricultural Economics said.Chanthanon Wankhajorn, secretary-general of the Office of Agricultural Economics, said exports of Thai agricultural products from January to December last year were valued at Bt1.3 trillion, ...

The Nation Reporter

Public debt office allays concerns

With most of the government’s debt portfolio dominated by long-term bonds with fixed interest rates, there is less risk from the trend of rising interest rates globally, according to the Public Debt Management Office (PDMO).PDMO director-general Patricia Mongkhonvanit admitted rising interest rates globally could eventually ...

Wichit Chantanusornsiri

Labour Ministry agrees to hike minimum wage from Bt336: source

The government is set to approve a sharp rise in the minimum wage from Bt336 to a flat rate of Bt492, according to a source with knowledge of the matter.Coming just two years after the previous raise, the expected hike would mainly benefit labourers. However, ...

The Nation Reporter

B2tn plan to speed up 36 major projects

The Transport Ministry has pledged to speed up 36 mega-infrastructure projects with investments worth 1.98 trillion baht to stimulate economic development this year.Transport Minister Saksayam Chidchob said the projects, some of which have yet to be approved, are expected to upgrade the country’s logistics and ...

Mongkol Bangprapa

SCB preps with long-term debt rejig

Siam Commercial Bank (SCB) has prepared long-term debt restructuring for customers to help them survive the prolonged Covid-19 pandemic, in line with the central bank’s requirement.SCB expects applicants for debt relief measures in 2022 to have 500 billion baht in debt outstanding, up from the ...

Somruedi Banchongduang

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