Bangkok Post
Factory output down again
Thailand’s manufacturing production index (MPI) contracted for the tenth straight month in February, down 5.19% from a year earlier, hit by lower production of cars, tires and sugar, the industry ministry said on Wednesday.That performance was in line with a forecast drop of 5.2% in ...
BoT holds key rate steady
The Bank of Thailand kept its policy rate unchanged on Wednesday after last Friday’s unscheduled rate cut of 25 basis points, while trimming its economic growth forecast for 2020 to a 5.3% contraction.The Monetary Policy Committee (MPC) voted 4-2 to hold the policy rate at ...
Somruedi Banchongduang
Bank of Thailand expands liquidity support to more fund types
Thailand’s central bank said it has expanded the scope of a facility set up to provide liquidity to mutual funds and it will now encompass all types of money market funds as well as daily fixed income funds.The central bank is ready to consider additional ...
Emergency decree bans entry to foreigners
All foreigners will be banned from entering the country under the emergency decree being invoked to combat at the coronavirus pandemic.The emergency decree comes into effect at midnight on Wednesday, and remains in force through April 30.The decree bans all foreigners from entry at all ...
Bangkok Post Reporter
Commerce Ministry sees possibility for 2020 export growth
Despite exports falling in February and the stampede of negative factors that have ensued, the Commerce Ministry still sees room for Thai export growth this year.Pimchanok Vonkorpon, director-general of the Trade Policy and Strategy Office, said Thailand is competent in the food and agricultural industries ...
Phusadee Arunmas
Emergency decree coming Thursday
The government will declare an emergency and introduce new measures to combat the coronavirus disease 2019 (Covid-19) on Thursday, Prime Minister Prayut Chan-o-cha said on Tuesday.In his live televised announcement at Government House, Gen Prayut said new requirements to control the disease would be enforced ...
Bangkok Post Reporter
Lockdown leaves migrant workers exposed
A partial lockdown in Thailand to limit the spread of coronavirus exempts construction, exposing thousands of migrant workers to the deadly disease, human rights groups warned on Monday.Thailand has more than 700 coronavirus cases, a health ministry spokesman said on Monday, the majority in Bangkok.Keep ...
February tourist arrivals slump 42.8% y-o-y
Tourist arrivals in Thailand sank 42.78% in February from a year earlier after a 2.46% rise in the previous month, due to the coronavirus outbreak, tourism ministry data showed on Monday.A total of 2.06 million tourists in February spent about 103.7 billion baht, down 43.9% ...
Social security fund to lend helping hand
The Social Security Board (SSB) on Friday decided to offer financial help to workers registered under its social security system who have either lost their jobs or have been suspended due to the Covid-19 pandemic.Effective from March 1, workers who have lost their jobs because ...
Penchan Charoensuthipan
Partners vow to press on with signing RCEP deal
Dialogue partners remain committed to signing the Regional Comprehensive Economic Partnership (RCEP) by the end of the year as scheduled despite the spreading coronavirus, which has put off most face-to-face meetings of Asean, the World Trade Organization, the Asia-Pacific Economic Cooperation and the RCEP in ...
Phusadee Arunmas