News
FTI warns of supply side disruption
Soaring Covid-19 infections spreading into the industrial sector could lead to scarcity of domestic goods, hurting consumers already smarting from weaker purchasing power, warns the Federation of Thai Industries (FTI).The FTI raised the alarm after earlier warning about the impact on the export sector if ...
Lamonphet Apisitniran
Thailand’s street protests return, taking aim at Prayuth’s handling of Covid-19 pandemic
More than a year after youth-led pro-democracy protests first swept the country demanding Prime Minister Prayuth Chan-ocha’s resignation and a new constitution, street politics have returned to Thailand.This even though Covid-19 cases are surging with Bangkok under a lockdown. The capital’s medical system has been ...
Parliament set to debate budget bill
House Speaker Chuan Leekpai says parliament will convene on Aug 18-20 to deliberate the budget bill for the 2022 fiscal year, despite the Covid-19 pandemic.He and Senate Speaker Pornpetch Wichitcholchai agreed that parliament would postpone its meetings scheduled for this week and Aug 4-5 due ...
Bangkok Post Reporter
Prolonged lockdowns to cause GDP drop
The economic impact from lockdowns may cause Thai GDP to drop by 300 billion baht or 1.7 percentage points, while listed companies’ earnings price per share are expected to decline by 4% this year, as reflected in recent decreases in share prices, according to Kasikorn ...
Bangkok Post Reporter
Cabinet approves cuts to tuition fees to help students, parents [Video]
To assist school and university students and their parents during the time of the pandemic, the Cabinet has approved a proposal to reduce tuition fees from basic to higher education.Keep watching ...
Private spending slowed in June under impact from virus: FPO
The Thai economy in June continued to feel the impact of Covid-19, Fiscal Policy Office (FPO) revealed on Wednesday.The impact was reflected in the slowdown in private spending, especially private investment. However, exports continued to expand at a high rate, the FPO added.Private consumption indicators ...
The Nation Reporter
Border trade in June up 41.68% from last year
Thailand’s border and transit trade in June surged 41.68 per cent from same period last year, the Commerce Ministry reported on Wednesday. Total border-transit trade last month was worth 146.094 billion baht.Trade with four neighbouring countries was topped by Malaysia with a rise of 15.33 ...
The Nation Reporter
How China’s cooperation with Mekong countries can overcome a trust deficit
First proposed at the 17th Asean-China Summit in 2014 by Chinese Premier Li Keqiang, the Lancang-Mekong Cooperation (LMC) mechanism aims to enhance economic cooperation, environmental protection efforts and transboundary water governance between the countries along the river’s length, namely China, Myanmar, Laos, Thailand, Cambodia, and ...
TAT expects 850 billion baht in tourism revenue after successful reopening [Video]
Thailand welcomed almost 10,000 international visitors since the launch of the Phuket Sandbox program. The country is moving into the next stage of reopening with the 7 plus 7 island extension plan set to begin in August.Keep watching ...
Thailand sees 23% rise in new businesses in first half
Despite the Covid-19 pandemic, the first half of 2021 saw 41,022 new businesses established, or 23 per cent more than the same period last year. In comparison, only 4,930 businesses shut down or 21 per cent fewer than last year.The top three sectors that attracted ...
The Nation Reporter
