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Thailand and many of its neighbours are struggling with the spread of Covid-19 cases while they await the beginning of mass vaccination programmes to counter the pandemic.Thailand’s financial system has been hit hard by the latest coronavirus outbreak and the central bank says its economy ...

The Bank of Thailand (BoT) is concerned with the expected higher number of non-performing loans (NPLs) of tourism-related businesses in the second quarter of this year because of the the third wave of Covid-19.Both the BoT and financial institutions are concerned about rising NPLs in ...

Thailand plans to borrow an additional 700 billion baht ($22.3 billion) to fund measures to counter the worst wave of Covid-19 outbreak to hit Southeast Asia’s second-largest economy, people familiar with the matter said.A meeting of the cabinet chaired by Prime Minister Prayuth Chan-Ocha on ...

The Thai economy shrank by 2.6% in the first quarter of this year — an improvement from a 4.2% contraction in the previous quarter — after it was boosted by a continued increase in agricultural production, recovery of non-agricultural production, acceleration in domestic investments, rise ...

Thailand’s gross domestic product (GDP) in the first quarter of this year contracted by 2.6 per cent because the third wave of Covid-19 infections has hurt the economy and tourism industry, the National Economic and Social Development Council (NESDC) said on Monday.However, it was a ...

Thailand’s banking system remained resilient with high capital buffers and liquidity to cushion economic uncertainty, the Bank of Thailand (BoT) said on Monday, as the country deals with a third wave of coronavirus infections.The outbreak, the country’s biggest so far, has hit consumption and tourism, ...

The Tourism Authority of Thailand (TAT) believes it will not be able to meet its 2021 target because few people are travelling due to the third wave of Covid-19.TAT governor Yuthasak Supasorn said the organization expects 90 million locals to take trips this year, slightly ...

A majority of people think the government’s “work from home” policy for employees in both the public and private sectors can help reduce the risk of contracting Covid-19, a survey by Suan Dusit Rajabhat University (Suan Dusit Poll) reveals.The poll was conducted online on May ...

China’s Sinovac Covid-19 vaccine and the formula by AstraZeneca have both been found to boost antibody responses in almost all vaccine recipients.This was the outcome of a study into a vaccination programme run by the Center of Excellence in Clinical Virology of the Faculty of ...

The government has allowed conditional relaxation in wearing a face mask during meetings.The Government Gazette website published the conditions issued under Section 9 of the Public Administration in Emergency Situations 2005.The announcement says that people are required to wear a mask when out of home ...