Economy and industry
Royal water project to reinvigorate farming
Pid Thong Lang Phra, a foundation dedicated to promoting the sufficiency economy vision of King Bhumibol Adulyadej The Great, has launched water-development schemes to address the scourge of mass unemployment caused by the coronavirus pandemic.Karan Supakitvilekakarn, director-general of the Royal Initiative Discovery Institute under Pid ...
Bangkok Post Reporter
April consumer prices dive
The consumer price index (CPI), a gauge of headline inflation, fell 2.99% year-on-year in April, the biggest decline in 10 years and nine months.The major contributions came from energy prices, which saw the biggest drop in 11 years and two months, and discount goods and ...
Phusadee Arunmas
‘We Love Thailand’ campaign to stimulate domestic tourism
The Tourism Council of Thailand is preparing to start its “We Love Thailand” campaign in collaboration with the Tourism and Sports Ministry and the Tourism Authority of Thailand to stimulate domestic tourism after the Covid-19 situation normalises, council president Chairat Trirattanajarasporn said.Keep reading ...
The Nation Reporter
FTI readies coronavirus recovery plan
The Federation of Thai Industries (FTI) has prepared a recovery plan to boost the grassroots economy and rebuild industry through a local economy scheme to cope with the coronavirus outbreak.The economic recovery plan aims to help businesses move towards high-value-added products and sustainable growth in ...
Lamonphet Apisitniran
Covid-19 crisis casts shadow over graduate futures
The coronavirus outbreak casts a shadow over the future of approximately 300,000 soon-to-be graduates this year.The bleak prospect of unemployment and layoffs as the economy staggers back to growth is expected to persist for at least two years.Minister of Higher Education, Science, Research and Innovation ...
Thana Boonlert
Official urges people to avoid inter-province travel
Full relaxation of Covid-19 regulations in transportation is not possible yet, as people need to follow social distancing and limit the use of transport, permanent secretary at the Interior Ministry, Chatchai Promlert, said on Sunday.The official reiterated the government’s plea to people to avoid travel ...
The Nation Reporter
A crisis for workers
Venue closure, curfew and state policies enforced to contain the spread of Covid-19 are affecting the labour force severely. Workers experience the impact in different magnitudes, with some getting less pay and seeing their working hours reduced. Others manage to work from home. Some lose ...
Melalin Mahavongtrakul
BoT outlines possible recovery paths
The economy is likely to stage a V- or U-shaped recovery, while a W-shaped rebound is not far-fetched if a second wave of coronavirus occurs, says a senior official at the central bank.The V- or U-shaped recovery mainly depends on foreign tourist arrivals and the ...
Somruedi Banchongduang
Central bank paints grim economic picture
The economy contracted at an accelerated pace in March due to Covid-19 measures, with sharp drops reported in almost all areas, according to the Bank of Thailand.Inflation fell into negative territory for the first time since June 2017, said Don Nakornthab, senior director of the ...
Bangkok Post Reporter
Guidelines on community-level spending to be ready mid-May
The committee supervising government expenditure will come up with guidelines on community-level economic activities within May, Deputy Prime Minister Somkid Jatusripitak said on Thursday (April 30).He explained that Bt600 billion of the Bt1-trillion loan taken by the Finance Ministry will be used for cash handouts ...
The Nation Reporter
