News
Corporate bond sales to hit B1tn this year
The issuance of corporate bonds is expected to hit a trillion baht this year as companies try to avoid higher interest costs if rates rise next year, refinancing their debt to reserve liquidity with commercial banks for future emergencies as the market remains highly volatile, ...
Bangkok Post Reporter
Govt targets B882bn in local tourism revenue next year
The government aims to generate at least 882 billion baht in domestic tourism revenue next year from government measures to revive the struggling sector after a major slump in foreign arrivals.The economy suffered its deepest fall in more than two decades last year, with the ...
Economy to improve in fourth quarter on eased curbs
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 ...
Inflation forecast revised
The Commerce Ministry has revised its annual headline inflation forecast to a range of 0.8% to 1.2% (with an average of 1%), narrowing from 0.7% to 1.7% (with an average of 1.2%) earlier.The latest projection is based on expected economic growth of 0.7-1.2%, with Dubai ...
Bangkok Post Reporter
Pandemic dampens fuel consumption
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 ...
Bangkok Post Reporter
Carbon credit trading in 2021 doubles from previous year
The trend of reducing greenhouse gas emission that is growing among industrial nations worldwide has doubled the value of carbon credit trading in 2021 from the previous year to nearly $750 million, said Kiatchai Maitreewong, director of Thailand Greenhouse Gas Management Organization (TGO).He said during ...
The Nation Reporter
Household debt increases Bt136 billion in second quarter
Thai household debt in the second quarter of 2021 recorded at 14.27 trillion baht, or 89.3 per cent of GDP, comparing to 14.14 trillion baht recorded in the first quarter, or 90.6 per cent of GDP, which was the highest point of household debt per ...
The Nation Reporter
Tech to offer better health outcomes
5G, artificial intelligence (AI), the Internet of Things (IoT) and other emerging technologies are expected to reshape healthcare service in the years to come as access to better medical service becomes available, say industry players.These new technologies could help save lives, reduce medical personnel workloads ...
Bangkok Post Reporter
Leading businesses in Thailand join Global Compact-United Nations push for climate action
The event organizers – Global Compact Network Thailand (GCNT), the United Nations in Thailand, and the British Embassy – applauded the companies at the event that already were embedding sustainability into their operations and encouraged more businesses to join the movement.Representatives of 77 companies in ...
The Nation Reporter
BoT chief forecasts unequal recovery
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 ...
Somruedi Banchongduang