Economy and industry
Thailand's domestic travel: A way out for our economy [Video]
We have a special report for you today in which we examine the “We Travel Together” program. This initiative provides discounts and stipends to people interested in domestic travel and is expected to revive the tourism scene in Thailand as well as jump start the ...
MEA opens solar power buy-back scheme from customers
The Metropolitan Electricity Authority (MEA) will let type-1 electrical users (residential customers) who have installed solar panels on their house roofs to sell electricity left over after personal use back to MEA to generate household income.The MEA announced on its Facebook on Thursday (July 30) ...
The Nation Reporter
Building Energy Efficiency To Employ ASEAN People
The world has been struggling with the COVID-19 outbreak which has already damaged the global economy, and ASEAN is not an exception. The magnitude of the economic impact is hard to predict and depends largely on the effectiveness of pandemic containment efforts. The International Monetary Fund ...
Thailand second quarter economy likely shrank by record 12%-13% year-on-year: central bank
Thailand’s economy may have shrank by 12%-13% in the second quarter from a year earlier due to the impacts of the coronavirous pandemic, the central bank said on Friday, in what could be a record contraction.However, the economy had improved in June from the previous ...
The unseen human cost of cheap power
On July 23, 2018, the villagers of Attapeu, a sleepy town in southern Laos, suffered their worst nightmare when the Xe-Pian Xe-Namnoy hydropower dam suddenly burst, unleashing massive torrents of water that swallowed local villages, killing 71. More than 7,000 were made homeless.The survivors lost ...
Bangkok Post Reporter
Baht strengthens slightly
The baht opened at 31.41 to the US dollar this morning (July 30), strengthening from yesterday’s close of 31.44.The Thai currency is expected to move between 31.35 and 31.55, said Jitipol Puksamatanan, head of Markets Strategy at SCB Securities.Yesterday night (Thailand time), the US stock ...
The Nation Reporter
Rethink 'Asia battery' plan
Two years ago this month, the villagers of Attapeu in southern Laos encountered their worst nightmare when the Xe-Pian Xe-Namnoy hydropower dam, which was under construction, failed. Massive torrents of water swept through several villages, causing 71 deaths, heavy damage to properties and left around ...
PTTEP reveals 10-year strategy for growth after Covid-19
PTT Exploration and Production (PTTEP) has refocused its 10-year business strategy for the post-pandemic era.“After evaluating the impact of the Covid-19 pandemic and the changing industry landscape, PTTEP has sharpened business plans and set goals for 2030 of maintaining our competitiveness and ensuring sustainable growth,” ...
The Nation Reporter
Thailand Sees 8.5% GDP Contraction as Virus Ravages Economy
Thailand’s economy will likely contract 8.5% in 2020, worse than previously estimated and the biggest decline of any Asian nation this year.The Finance Ministry’s forecast, released in Bangkok on Thursday, compares with a previous projection of 2.4% growth. The central bank is estimating the economy ...
Travel stimulus scheme may run till year-end
The deadline of the “We Travel Together” campaign may be extended to increase tourism momentum for the rest of the year, while travel bubbles for tourists will take place in October, says the Tourism and Sports Ministry.Phiphat Ratchakitprakarn, the tourism and sports minister, said the ...
Dusida Worrachaddejchai
