The Nation
Household debt could soar beyond 80% of GDP due to Covid-19 crisis: NESDC
The Covid-19 crisis has had a massive impact on household debt and it is expected to rise to more than 80 per cent of GDP, the National Economic and Social Development Council (NESDC), a state think-tank, has warned.Thai household debt stood at 79.8 per cent ...
The Nation Reporter
Lampang, Kanchanaburi considered for sustainable city plan
The National Economic and Social Development Council (NESDC) has employed Chulalongkorn University to study and come up with a plan for a Sustainable Future City (SFC), the council’s deputy secretary-general Anek Memongkol said.The study, for which Bt9.5 million has been earmarked, will take 12 months ...
The Nation Reporter
ADB brings together experts to find formula for speedy recovery in Southeast Asia
The Asian Development Bank (ADB)’s president, Masatsugu Asakawa, has set up a panel of experts in the subjects of economics, finance and health to help ministers, central bank governors and other senior officials in Southeast Asia identify options that they can tap into to quickly ...
The Nation Reporter
Change of consumer behaviour in new normal boosts online sales
E-commerce in Thailand this year will rise by 35 per cent or Bt220 billion due to the “new normal” brought on by the government’s lockdown measures amid the Covid-19 crisis, Priceza.com revealed on Wednesday (June 10).Priceza.com is a leading price comparison website in Southeast Asia ...
The Nation Reporter
Thammasat allows transgender students to dress according to their gender
Thammasat University announced on Monday (June 8) that it would allow students to dress in accordance with the gender with which they identify.The announcement, which was signed by rector Associate Professor Kesinee Vitoonchart, said the new rule applies to students when in a classroom, taking ...
The Nation Reporter
Baht seen strengthening next week but US economic data holds key
The baht will trade next week (June 8 to 12) at around Bt31.30 to Bt31.70 to the US dollar, and important factors worth monitoring are the Fed meeting and dot plots, and estimation of US economic numbers, according to Kasikornbank.Important economic numbers, such as consumer ...
The Nation Reporter
Ministry authorises resumption of all public transport
The Ministry of Transport has allowed all public transport, such as buses, trains and planes to resume to meet the people’s demand for travel, except to some provinces that had not ended the lockdown measures.Anon Luangboriboon, the ministry’s deputy permanent secretary, said that the move ...
The Nation Reporter
Student Fund targets Bt34 billion in new loans
The Student Loan Fund is targeting fresh loans of Bt34 billion to both new and previous students, although debt payments this year have tended to decrease from the expected Bt32 billion to around Bt20 billion, manager Chainarong Katchapanan said.More than Bt10 million has so far ...
The Nation Reporter
BOT worried as baht continues upward streak, vows ‘extra measures’
The Bank of Thailand (BOT) is concerned about a swift baht appreciation in the past two weeks and promised to impose extra measures to address short-term inflows just as the currency rose again today (June 1).Deputy governor Mathee Supapongse said today that the baht has ...
The Nation Reporter
Dengue outbreak kills 11, sickens 14,000
Eleven people have been killed and more than 14,000 sickened by a nationwide dengue fever outbreak that has been super-charged by the onset of the rainy season.“From January 1 to May 25 there have been 14,126 cases of dengue fever in Thailand, or 21.28 patients ...
The Nation Reporter
