Covid

The Thai financial system has become more vulnerable due to negative shocks from the recent Covid-19 outbreak, says the Bank of Thailand (BoT).The financial situation of Thai households has become more fragile as reflected in the elevated debt-to-income ratio which is higher compared to other ...

The state-owned lender Government Savings Bank (GSB) temporarily stopped accepting applications for its Covid-19-relief loans on Thursday as more than 100,000 requests are pending in the system, amid online backlash.“We expect to resume taking loan applications again early next week,” said GSB director Withai Rattanakorn ...

Private hospitals cannot charge Covid-19 patients for treatment, the National Health Security Office (NHSO) said.NHSO secretary-general Jadet Thammathat-Aree held a video conference with private hospitals nationwide on Wednesday. He said later that the NHSO had asked private hospitals not to charge Covid-19 patients.Private hospitals attending ...

With reference to your article Thailand fast spinning out of Covid-19 control published on May 13, 2021, I feel compelled to set the record straight as follows. The article’s claim that AstraZeneca has chosen Siam Bioscience to produce its vaccine was based on “unknown reasons” is ...

Two years ago, the seaside in front of Seksith Pimolnat guesthouse on Phuket’s Patong Beach was packed. Holiday makers from Siberia, China, and the various corners of the European Union crowded together in a cacophonous revelry.Today, Patong is deserted. Another casualty of the coronavirus pandemic.“Many ...

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 ...