Bangkok Post
IEAT presses new seaport construction
The Industrial Estate Authority of Thailand (IEAT) is preparing to begin construction of the third phase of development of Map Ta Phut deep-sea port in Rayong on July 1, despite the Covid-19 outbreak and a compensation dispute between officials and fishermen.The port expansion, which is ...
Lamonphet Apisitniran
New co-payment aid for SME wages
The government is set to roll out a fresh 50% co-payment subsidy for the monthly salary of employees of small and medium-sized enterprises (SMEs), its latest move to deter mass layoffs in the country.Deputy Prime Minister Supattanapong Punmeechaow said the new aid measure is scheduled ...
Bangkok Post Reporter
BMA invites people to restore ecosystem towards green metropolis on World Environmental Day
The United Nations designated 5 June every year as World Environment Day and also established the United Nations Environment Programme (UNEP) to implement environmental activities to encourage awareness on environment among people around the world to jointly take action in environment protection.Bangkok Metropolitan Administration (BMA) ...
Bangkok Post Reporter
SEC seeks to regulate decentralised finance
Activities related to decentralised finance (DeFi) projects which involve digital coin issuance may require a licence from the regulator in the near future, the Securities and Exchange Commission (SEC) announced.The statement was released on Sunday afternoon after a DeFi farming platform named Tuktuk Finance debuted ...
Bangkok Post Reporter
Financial help for people suffering effects of Covid vaccination
The National Health Security Office has so far paid out nearly one million baht in assistance to people suffering from side effects of Covid-19 vaccinations.NHSO secretary-general Jadej Thammatach-aree said on Tuesday that a total of 991,700 baht had been distributed to 150 people, and the ...
Bangkok Post Reporter
Q2 exports seen up 15% y/y - shippers
Thailand’s exports are expected to rise 15% in the second quarter from a year earlier, powered by improved global demand and after coming off a low base last year, the shippers’ council said on Tuesday.While maintaining its export growth forecast of 6%-7% this year, the ...
TAT says concrete plan for supply side imperative
Phuket must execute a development plan aimed at diminishing poor quality public services in exchange for over 930,000 vaccine doses prioritised for the island in the build-up to the sandbox initiative, according to the Tourism Authority of Thailand (TAT).“Not only Phuket, but another nine areas ...
Bangkok Post Reporter
NESDC warns of mounting job losses
Unemployment is likely to soar this year because of the severe impact being felt by the third wave of Covid-19, warned a government planning unit.Danucha Pichayanan, secretary-general of the National Economic and Social Development Council (NESDC), said the third wave of the pandemic is likely ...
Bangkok Post Reporter
Loan decree needs to be transparent
A former finance minister on Monday submitted a petition to the Supreme Admin Court asking it to revoke cabinet approval for a 700-billion-baht loan to combat the kingdom’s public health crisis.The cabinet recently approved the draft of an executive decree authorising the government to borrow ...
Bangkok Post Reporter
Testing the stagflation waters
Thailand’s economy has been mired in a contraction for five consecutive quarters, starting with a 1.8% dip in the first quarter of 2020 followed by an alarming 12.2% nosedive in the second quarter.The contraction was less severe at only 6.4% in the third quarter, shrinking ...
Bangkok Post Reporter