Economy and industry

Household debt could soar beyond 80% of GDP due to Covid-19 crisis: NESDC

The Covid-19 crisis has had a massive impact on household debt and it is expected to rise to more than 80 per cent of GDP, the National Economic and Social Development Council (NESDC), a state think-tank, has warned.Thai household debt stood at 79.8 per cent ...

The Nation Reporter

Labour Ministry rolls out skill classes tackling urban unemployment [Video]

To help workers affected or unemployed from the COVID-19 pandemic, the Ministry of Labour has introduced a skill workshop campaign, allowing workers to use the new knowledge to start small businesses.Keep watching ...

Industrial group supports Thailand joining CPTPP

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) supports the move to make Thailand a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to boost the nation’s international trade in the post-pandemic period.The panel’s stance, unveiled on Tuesday by the ...

Lamonphet Apisitniran

Change of consumer behaviour in new normal boosts online sales

E-commerce in Thailand this year will rise by 35 per cent or Bt220 billion due to the “new normal” brought on by the government’s lockdown measures amid the Covid-19 crisis, Priceza.com revealed on Wednesday (June 10).Priceza.com is a leading price comparison website in Southeast Asia ...

The Nation Reporter

Tourism Authority of Thailand advises tourists to adopt ‘New Normal’ practices

The governor of the Tourism Authority of Thailand (TAT) has encouraged tourists to embrace ‘New Normal’ behaviours as tourism promotion measures will be concluded next week.TAT governor Yuthasak Supasorn said Thai people wanted to go on vacation for relaxation after staying home to contain the ...

On the Thai-Myanmar border, COVID-19 closes a billion-dollar racket

The closure of dozens of illegal trade gates along the border with Thailand to prevent the spread of COVID-19 is causing shortages of everything from beer and energy drinks to detergent and cosmetics, highlighting the vast scale of informal trade with Thailand.For decades, billions of ...

Manufacturers move towards complete local production [Video]

Since the forced closure of countries’ borders due to COVID-19, manufacturers sourcing ingredients and materials from foreign countries have been seeking local suppliers despite higher prices, so as to secure production, a trend that will most probably continue even after the pandemic.Keep watching ...

Thai NGOs Urge Government Not to Buy Power from Sanakham Dam in Laos

A dam planned for construction by Laos on the Mekong river will have negative impacts not only on Lao villages but also in nearby Thailand, a coalition of Thai environmental groups says, adding that the government in Bangkok should cancel plans to buy electricity from ...

Companies want clarity on CPTPP

The private sector is calling for a quick and clear stance from the government on the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).Companies cited foreign investors who have already invested and are interested in further spending in Thailand, though they are waiting for the ...

Phusadee Arunmas

Rights groups call for government to act after abduction of Thai activist in Cambodia

Following Thursday’s broad-daylight abduction of an exiled Thai political activist in Cambodia, both country’s police forces have bluntly refused to investigate, prompting calls by critics and human rights groups, including US-based Human Rights Watch, for swift action. Human rights defender Angkhana Neelapaijit warns that Thai ...

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