Bangkok Post

Q4 jobless rate drops to 1.64% as virus curbs eased

Thailand’s unemployment rate in the fourth quarter fell to its lowest level since the pandemic and the jobs situation should improve further with restrictions easing and more foreign tourists returning, the National Economic and Social Development Council (NESDC) said on Monday.The impact of the Omicron ...

Cleaning the economy

Bringing the economy back on track for normal growth is necessary, but may be insufficient if the government does not direct growth in a cleaner manner.Power generation and industries that play a major role in driving the Thai economy need to be seriously adjusted to ...

Bangkok Post Reporter

Govt targets return to Tier 2 trafficking list

Deputy Prime Minister Prawit Wongsuwon has ordered state agencies to speed up solving human trafficking problems in the country in the hope Thailand will be reinstated as a Tier 2 nation in 2022.Thailand was demoted from Tier 2 to Tier 2 Watchlist in 2021’s Trafficking ...

Bangkok Post Reporter

No shortage of Favipiravir pills

The Government Pharmaceutical Organization (GPO) on Saturday said the country is not facing shortages of anti-viral Favipiravir pills for Covid-19 patients.Sirikul Methivirangsan, deputy director of the GPO, was reacting to a message posted on the Rural Doctor Society (RDS) Facebook page earlier saying several hospitals ...

Bangkok Post Reporter

B101bn spent on Covid-19 treatments

More than 101 billion baht of the Universal Coverage for Emergency Patients (Ucep) scheme has been spent treating Covid-19 sufferers, mostly with mild symptoms, over the past two years, says the Centre for Covid-19 Situation Administration (CCSA).CCSA spokesman Taweesilp Visanuyothin said Ucep will carry on ...

Bangkok Post Reporter

Govt urged to cut labour import cost

Businesses have appealed to the Labour Ministry to reduce the expenses involved in importing migrant workers and shore up labour shortages.Labour Minister Suchart Chomklin said so far labour imports via the memorandum of understandings (MoU) signed with neighbouring countries have missed their targets.Many business owners ...

Penchan Charoensuthipan

Economic recovery to continue but still fragile - BoT minutes

Thailand’s economy would continue to recover in 2022, but a rebound would remain fragile and uneven, as an Omicron outbreak puts less pressure on activity than earlier COVID-19 waves, according to minutes of the Bank of Thailand’s (BoT) last policy meeting.While upside inflationary risks had ...

Deep dive into Thailand's EV perks package

The government recently approved an array of incentives, including lower excise tax and import duties on significant auto parts, in a bid to make electric vehicles (EVs) more appealing to both car buyers and manufacturers.What are the incentives for EVs?The incentives recently approved by the ...

Bangkok Post Reporter

NESDC bullish on growth prospects

The National Economic and Social Development Council (NESDC) is maintaining its 2022 forecast for economic growth at 3.5-4.5%, with the state planning unit expecting the government to successfully contain the spread of the Omicron variant without any more restrictions.Thailand’s economic growth in 2022 will also ...

Bangkok Post Reporter

BoT expects uptick in demand for lending

The Bank of Thailand (BoT) expects that the picking up trend of the Thai economy will support economic activities and loan demand this year.Loan demand for 2022 should be in line with economic activity under the economic rebound. Normally the BoT does not forecast loan ...

Bangkok Post Reporter

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