Economy and industry
Reduced water, electricity bills among relief measures approved by Cabinet
The Cabinet on Tuesday approved measures proposed by the Office of the National Economics and Social Development Council (NESDC) to help alleviate the people’s financial burden during the latest Covid-19 outbreak, Prime Minister General Prayut Chan-o-cha announced after the meeting.“The Metropolitan Waterworks Authority and Provincial ...
The Nation Reporter
Labour Ministry readies over 58,000 job vacancies for workers hit by new outbreak
The Labour Ministry is gathering a list of more than 58,000 available positions to help workers made jobless by the fresh Covid-19 outbreak.The ministry’s Department of Employment (DoE) will advertise 58,151 job positions from private firms and government agencies, said DoE director-general Suchat Pornchaiwiseskul on ...
The Nation Reporter
Thailand’s tourism sector seeks government support to face Covid-19 slump
Thailand’s tourism sector is asking the government for more soft loans, a repayment holiday on other credit, and a relief fund, to help stay afloat as business is devastated by the Covid-19 pandemic, a minister said Monday.Affected hotels are also asking for a 15-per-cent discount ...
Cryptocurrencies' total market cap soars to B4bn
Cryptocurrencies’ total market capitalisation in Thailand soared to nearly 4 billion baht on Friday, or around 6% of the Stock Exchange of Thailand’s (SET) 2020 daily average trade, backed by the continuous price surges of bitcoin and other digital currencies.Bitcoin’s euphoric rally endured as it ...
Bangkok Post Reporter
New Covid wave, shortage of containers, strong baht all hitting export sector: TNSC
Thai National Shippers Council (TNSC) expects exports this month to only grow by 3 to 4 per cent, as the new wave of Covid-19 infections is expected to further affect the export sector.TNSC president Kanyapak Tantipipattanapong, however, admitted that the new normal and the work-from-home ...
The Nation Reporter
Cabinet okays Bt10bn to expropriate land for Khon Kaen-Nakhon Phanom railway
The Cabinet on Tuesday approved a draft law for expropriation of land to build the 336-kilometre Northeast railway between Khon Kaen and Nakhon Phanom. The plan hands the State Railway of Thailand a budget of Bt10 billion to requisition land along the route linking Ban ...
The Nation Reporter
Along the Mekong River, Development Creates Sustainability Concerns
Rapid growth in the number of dams along the Mekong River is transforming Southeast Asia’s energy, food, transportation, security, and ecological networks. Eleven hydropower dams now span the river’s mainstream before it leaves China, with hundreds more dams planned or under construction in the other ...
Covid-19 jobless can apply for benefits
Insured employees who are left unemployed as a result of the Covid-19 pandemic can apply to receive unemployment benefits from the Social Security Office (SSO) from Monday.SSO secretary-general Tosapol Kritawongwiman said the office was ready to provide benefits for unemployed workers under a ministerial regulation ...
Bangkok Post Reporter
Finance Ministry focuses on three areas to revive Thai economy
The Finance Ministry this year will have three areas of focus to revive Thailand’s economy from the Covid-19 pandemic fallout, ministry spokesperson Kulaya Tantitemit said.First, the ministry will urgently push for economic revival through speeding up budget disbursement and state spending. The ministry also would ...
The Nation Reporter
Asian manufacturing picks up momentum on strong exports
Factory activity across Asia — including Thailand — continues to gain momentum, spurred by strong demand for the region’s exports, purchasing managers’ indexes show.Japan’s PMI rose to 50 in December, its highest reading since April 2019, according to Jibun Bank and IHS Markit. Taiwan’s PMI ...
