Bangkok Post
B100bn of recovery projects screened by economic agency
The National Economic and Social Development Council (NESDC) has screened the first round of 213 projects worth 101.48 billion baht out of a 400 billion baht budget earmarked to help those suffering from the impact of the Covid-19 pandemic.Thosaporn Sirisumphand, secretary-general of the NESDC, said ...
Bangkok Post Reporter
Fresh bid to protect online consumers
A group of organisations has called for a centre to take charge of protecting online consumers as they faced no less risk of being scammed than customers in physical markets.At the Consumers Unite to Fight Online Scam seminar, the website of Electronic Transactions Development Agency ...
Penchan Charoensuthipan
Central bank tweaks B500bn soft loan scheme for SMEs
The Bank of Thailand is fine-tuning the process of offering 500 billion baht in soft loans with an aim to provide virus-hit small and medium-sized enterprises (SMEs) with better access.The central bank has talked with banks about tweaking the scrutiny process to give SMEs easier ...
Somruedi Banchongduang
BoT forecasts record contraction
The Bank of Thailand has reduced its economic outlook to a contraction of 8.1% this year, deeper than the 1997 financial crisis, but kept the policy rate on hold at 0.50%.The latest economic forecast for 2020 is worse than the record contraction of 7.6% for ...
Somruedi Banchongduang
Illegal logging, encroachment found in Narathiwat
A total of 36 rai of forest on Sankalakhiri mountain range in Chanae district of this southern province has been illegally cleared by encroachers, forest protection officials said.Acting on information from local villagers, Gen Jatuporn Kalampasut, director of the intelligence office of the Region 4 ...
Bangkok Post Reporter
DES mulls move on Thaicom
The Digital Economy and Society (DES) Ministry through its legal panel is set to enter the arbitration process against SET-listed satellite service provider Thaicom for contractual breach in connection with satellite Thaicom 5.Thaicom 5 had a technical incident with the status notification system last December. ...
Komsan Tortermvasana
TAT looks to spur domestic travel
The Tourism Authority of Thailand (TAT) plans to launch domestic tourism packages to stimulate travel as the Covid-19 crisis subsides.TAT governor Yuthasak Supasorn said the cabinet has approved all three domestic tourism packages in principle.In the next step, the TAT will work out the implementation ...
Bangkok Post Reporter
Lay of the land 'murky'
Sor Por Kor land — the degraded forest tracts that the government gives to poor farmers — has always courted controversy.A cautionary tale is the case involving Suthep Thaugsuban, a veteran politician and co-founder of the Action Coalition for Thailand (ACT), now one of the ...
Bangkok Post Reporter
Recovery after Covid-19: Let's make it green
The world is caught in an unprecedented crisis. The Covid-19 pandemic has swept across our planet, causing enormous human tragedy and economic losses. The focus is now on fighting the pandemic and its immediate consequences. The good news is that Thailand seems to have managed ...
Ministry to consider tax perks to stimulate retail spending
The Finance Ministry is ready to consider retail operators’ proposal for tax breaks on shopping to stimulate domestic spending, says Finance Minister Uttama Savanayana.The ministry has delegated related agencies, including the Fiscal Policy Office, the Revenue Department and the Excise Department, to examine the possibilities, ...
Bangkok Post Reporter
