News
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
Thai export market shows robust recovery as global economy slowly wakes up
The value of Thai exports in April had hit more than US$20 billion for three consecutive months, recording a growth of 13.09 per cent – the highest in 36 months.At the same time, Thai imports rose by 29.79 per cent to $21.25, especially the import ...
The Nation Reporter
The different Covid-19 variants attacking Thailand
The third wave of the Covid-19 outbreak is the most severe and worrisome, especially in financial terms, because many businesses have been forced to close again.Though the original strain of SARS-CoV-2 came to Thailand from Wuhan, China in January last year, the UK variant of ...
The Nation Reporter
Thailand Unveils $16 Billion Borrowing to Fund Covid Relief
Thailand’s King Maha Vajiralongkorn endorsed a $16 billion borrowing plan to shield Southeast Asia’s second-largest economy from the impact of a raging coronavirus outbreak that’s threatening a nascent recovery and plans to reopen borders to tourists.The government can borrow 500 billion baht ($16 billion) in ...
South-east Asian countries battle Covid resurgence amid lack of vaccines
South-east Asian countries, including nations that managed to control the coronavirus last year, are struggling to contain recent outbreaks as new variants and vaccine shortages leave populations exposed.Thailand’s cumulative caseload has more than quadrupled since 1 April, rising to almost 130,000, after infections spread in ...
Thai developer bets on digitization and China's 'Belt and Road'
Thailand’s largest industrial estate developer is restructuring its investments to align with the country’s rapidly changing business landscape amid the coronavirus pandemic.Amata has decided to revise its business plan to invest 5 billion baht ($160 million) over five years to 2023 in Thailand and Vietnam, ...
Hospitals postpone Covid jabs amid delays in domestic AstraZeneca production
Some hospitals were being forced to postpone second rounds of Covid-19 inoculations as Siam Bioscience was falling behind in its scheduled production of the AstraZeneca vaccine, a news report said Monday.Public hospitals such as Vajira, Chulabhorn, and Thammasat announced that they were short of vaccine ...
Unemployment rises to pandemic high
Thailand’s unemployment in the first quarter rose to around 760,000, or 1.96 per cent, the highest since the pandemic started, the Office of the National Economic and Social Development Council (NESDC) reported Monday.The unemployment rate rose again after a small recovery in the second half ...
