Economy and industry
Pandemic's needs ease export drop
With rising demand for rubber gloves, products related to working from home, appliances, healthcare items and food because of the pandemic, the Commerce Ministry expects the country’s overall exports to shrink by just 5-8% this year.Pimchanok Vonkorpon, director-general of the Trade Policy and Strategy Office, ...
Phusadee Arunmas
Thai energy policy comes in come criticism by Green Peace
Thailand’s energy policy has failed to develop solar and wind energy, making Vietnam a hub for foreign investment, employment and production, with these helping reduce the impact on that country’s economy from the Covid-19 crisis, Greenpeace Southeast Asia said in its Southeast Asia Power Sector ...
The Nation Reporter
Govt speeds up plans for highways to the South
Transport Minister Saksayam Chidchob has pledged to expedite the construction of new highways that will connect Bangkok with the southern provinces.Mr Saksayam said Prime Minister Prayut Chan-o-cha had instructed the Transport Ministry to urgently develop Thailand’s transport infrastructure, with a focus on enhancing the efficiency ...
Supoj Wancharoen
New ad-hoc centre to track unemployment, help both employers and workers over legal rights
The Department of Labour Protection and Welfare has launched a new ad-hoc centre to track job losses, hoping to serve as an intermediary to help employers and workers gain access to legal rights.Covid-19 has affected businesses both in terms of increasing costs and unemployment. According ...
The Nation Reporter
Securities and Exchange Act being amended
The Securities and Exchange Commission (SEC) is amending the Securities and Exchange Act to allow SEC officials to become investigating officers in legal cases involving the Securities and Exchange Act and Future Exchange Act, said SEC secretary-general Ruenvadee Suwanmongkol.“Currently, SEC officials have no investigating authority ...
The Nation Reporter
Analysts see growth in NPL management
Debt collection and management of non-performing assets pose lucrative growth opportunities amid the economic retraction, financial analysts say.According to Maybank Kim Eng securities analyst Thanaphat Suksrichavalit, the debt management business will outperform in the second half of 2020.Keep reading ...
Bangkok Post Reporter
NESDC explains economic and social restoration with 1-trillion-baht loan
The National Economic and Social Development Council (NESDC) has explained the undertaking of economic and social rehabilitation under a 1-trillion-baht loan decree.In response to many sides commenting that disbursement of the funds was slow, the NESDC Deputy Secretary-General, Danucha Pichayanan, said today the council serves ...
FTI wants to extend debt programme
The Federation of Thai Industries (FTI) plans to ask the Bank of Thailand to extend the debt moratorium scheme, which will end next month, for another two years.The extension would require businesses to pay 10% of interest payments for six months to alleviate the fear ...
Lamonphet Apisitniran
State continues to push bio-economy
The government is pushing ahead with the bio-economy concept to modernise agriculture with advanced technology in a move to improve the national economy.Bio-economy, which uses renewable resources and turns them into value-added products, is expected to help farmers better deal with unstable crop prices and ...
Lamonphet Apisitniran
GSB launches new loan campaign to strengthen grassroots level
The Government Savings Bank (GSB) has launched a new campaign called “Loans for Strengthening Foundation” under which loans of up to Bt50,000 will be offered to those affected by the Covid-19 outbreak regardless of their employment status.Keep reading ...
The Nation Reporter
