Economy and industry

Confidence index in Thai tourism sector drops to lowest point in Q3

The confidence index of tourism businesses hit the lowest point in the third quarter of this year, with more than 3 million people in the industry reportedly unemployed, the Tourism Council of Thailand (TCT) said.Astudy conducted by the TCT, the Tourism Authority of Thailand (TAT) ...

The Nation Reporter

Cabinet approves immediate registration of illegal migrant workers to combat outbreaks

The Cabinet on Tuesday approved immediate registration of undocumented migrant workers in a bid to curb further outbreaks of Covid-19.The move means foreign workers who do not have work permits can be registered quickly so they are covered by disease controls.Labour Minister Suchart Chomklin explained ...

The Nation Reporter

Manufacturing sustains growth amid pandemic

The Covid-19 outbreak caused the manufacturing production index (MPI) to dip by 4.15% year-on-year to 87.71 points in August, but the index kept growing during the first eight months of this year, the Office of Industrial Economics (OIE) reported on Wednesday.Despite the pandemic’s impact on ...

Bangkok Post Reporter

Bank of Thailand holds key rate at record low as Covid-19 outbreak eases

The Bank of Thailand held its key interest rate unchanged on Wednesday as the country’s Covid-19 outbreak eases, allowing the government to loosen movement restrictions to boost local demand and tourism.The bank’s Monetary Policy Committee voted unanimously Wednesday to hold the one-day repurchase rate at ...

Thailand agrees to open new border point with Cambodia

Thailand has agreed to open a new border crossing with Cambodia to boost trade, Commerce Minister Jurin Laksanawisit said on Wednesday.The crossing at the newly constructed Nong Ian-Stung Bot-Ban Friendship Bridge in Sa Kaeo province will be opened early as Thailand has yet to complete ...

The Nation Reporter

Why Thailand’s tourism sandbox programmes failed

Nearly three months ago, Thailand launched its pilot programme to reopen selected destinations to vaccinated foreign tourists without quarantine.The trial reopening began in Phuket on July 1, followed by three resort islands of Surat Thani on July 15.Under the “Phuket Sandbox” programme, foreigners who can ...

The Nation Reporter

Ministry pushes for use of EVs in industrial sector to boost investment

In a bid to encourage investment in electric vehicles (EV), the Industry Ministry is joining hands with Siam Cement Group (SCG) to boost the use of EVs in the industrial sector.The ministry is also in the process of inviting other large companies like PTT and ...

The Nation Reporter

Thailand hikes public debt-GDP ceiling to 70% to fund recovery

The State Fiscal Policy Committee on Monday approved raising Thailand’s public debt ceiling from 60 per cent to 70 per cent of GDP.The new limit would be proposed at Tuesday’s Cabinet meeting for approval, said Finance Minister Arkhom Termpittayapaisith.The committee, which is chaired by Prime ...

The Nation Reporter

TAT told to propose plan on reopening five provinces to CCSA on Sept 23

The Tourism and Sports Ministry has told the Tourism Authority of Thailand (TAT) to propose the plan on reopening five provinces to the Centre for Covid-19 Situation Administration on September 23, Minister Phiphat Ratchakitprakarn said on Saturday.Under the plan, five provinces — Bangkok, Chonburi (Pattaya, ...

The Nation Reporter

TAT signs MoU on carbon-neutral tourism

The Tourism Authority of Thailand has signed a Memorandum of Understanding with seven partner organisations to drive efforts to reach zero-emission tourism goals.Partners in the project come from three ministries – Ministry of Tourism and Sports, Ministry of Natural Resources and Environment, and Ministry of ...

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