Economy and industry

The University of the Thai Chamber of Commerce (UTCC) has reported that the surge of COVID-19 cases, along with tough measures to curb the spread, have resulted in a drop in the consumer confidence index in August to the lowest figure in 20 years.Keep watching ...

The government’s Mor Prom app will be used as the Digital Health Pass for air passengers in Thailand, under an agreement reached on Wednesday by the Public Health Ministry, Civil Aviation Authority of Thailand, and the Thai Airlines Association.The app will be used during the ...

Industries sentiment declined for a fifth straight month in August to 16-month low, hurt by tougher restrictions to contain the country’s biggest coronavirus outbreak and infections at factories, the Federation of Thai Industries (FTI) said on Wednesday.The measures were imposed in July in 13 provinces ...

Organisations need to bolster their online defences as rising numbers of cyberattacks against the public and private sectors indicate that data leaks and digital threats will become ever more commonplace in the years to come, according to cybersecurity authorities.At least 200 pieces of critical information ...

Thailand’s overall economy is at risk of contraction in the third quarter due to restrictions on economic activities to curb Covid-19 from spreading further, Krungsri Research revealed on Wednesday.In its monthly economic report, Krungsri Research said the private sector’s consumption index in July contracted -5.3 ...

Amid tepid tourist demand, 52% of hotel operators are considering closing temporarily, while 9% want to shut down permanently if the Covid-19 pandemic lasts longer than expected.A joint survey by the Bank of Thailand and Thai Hotels Association (THA) found that 62% of hotel operators ...

The Thailand Board of Investment (BOI) at a meeting today approved incentives to encourage companies to reduce greenhouse gas emission as well as an enhanced scheme for electric vehicles and measures to mitigate Covid-19 impacts and support local vaccine development, Ms Duangjai Asawachintachit, Secretary General ...

Thailand’s exports are expected to rise 10-12% this year as the global economy recovers, but the country’s coronavirus outbreak remains a negative factor, the National Shippers’ Council said on Tuesday.In the third quarter, exports, a rare bright spot in the economy, are forecast to increase ...

The Tourism and Sports Ministry vows to open the whole country without quarantine by January next year, but such a move largely depends on nationwide herd immunity.Phiphat Ratchakitprakarn, the tourism and sports minister, said Bangkok was scheduled to reopen in October as part of the ...

The dream of a Thai land bridge, a transport route that would cross the Malay Peninsula to connect ports on either side, has surfaced again in Thailand. If it becomes a reality, a land bridge could cut shipping times by about two days, compared with ...