Reuters

Thailand’s cabinet on Tuesday approved a 214 billion baht ($6.87 billion) borrowing plan for a revenue shortfall in the current fiscal year to September, due to the impacts of the coronavirus pandemic, a government official said.The borrowing is part of an adjusted debt management plan ...

Thailand’s exports may contract by 15% this year as the coronavirus pandemic hits global demand and a stubbornly strong baht adds to pressure, a shipping association said on Tuesday.Exports, a key driver of growth, slumped 15.2% in the second quarter from a year earlier and ...

Thailand’s economy may have shrank by 12%-13% in the second quarter from a year earlier due to the impacts of the coronavirous pandemic, the central bank said on Friday, in what could be a record contraction.However, the economy had improved in June from the previous ...

Dozens of Thai demonstrators singing patriotic songs and shouting “long live the king” rallied in the capital on Thursday in response to a series of anti-government protests led by student groups in recent weeks.The crowd, a mix mainly of the retired and some vocational students ...

Thailand ordered security stepped up at its land borders on Monday after concerns surged over a possible second wave of coronavirus infections, following the arrests of thousands of illegal migrants in the past month.Since the start of June, authorities have arrested 3,000 migrant workers for ...

Thailand’s cabinet on Wednesday approved a budget of up to 100 billion baht ($3.2 billion) for projects aimed at reviving an economy hit by the coronavirus outbreak, the prime minister said.The projects will mainly support households and farmers as well as providing jobs, Prayuth Chan-ocha ...

Thailand will draw up a stimulus plan for domestic tourism to be rolled out for four months starting in July, a senior official said on Thursday, as the country seeks to revive a sector hit badly by the global impacts of the coronavirus.The Tourism Authority ...

Investor confidence in Thailand’s financial markets over the next three months has hit its highest level this year, helped by the sooner-than-expected easing of a coronavirus lockdown, a capital market association said on Tuesday.The Federation of Thai Capital Market Organisations said its May survey showed ...

Thailand’s manufacturing production index (MPI) declined for a 12th straight month in April, down 17.21% from a year earlier, hit by lower production of cars, petroleum and beer amid the coronavirus outbreak, the industry ministry said on Wednesday.That compares with a forecast for a drop ...

Thailand plans to boost domestic tourism in the third quarter to help support the struggling economy as the coronavirus pandemic hits global travel and domestic consumption, the state planning agency said on Monday.The export- and tourism-driven economy may shrink 5% to 6% this year, the ...