Economy and industry
Thai exports to China in some sectors defy Covid-19 impact
Thailand’s exports to China were able to grow in some industries such as plastic, automotive spare parts and agricultural products despite the outbreak of Covid-19, Suphan Mongkolsuthree, chairman of the Federation of Thai Industries (FTI), said.He was speaking after a meeting with Li Zhigang, vice-chairman ...
The Nation Reporter
Suspension of GSP to affect exports of 573 Thai products
The US suspension of tariff privileges under the Generalised System of Preferences (GSP), which comes into effect on April 25, will affect 573 Thai products, a Cabinet meeting on March 3 was told, Deputy Government Spokeswoman Rachada Thanadirek said.The businesses in the listed products will ...
The Nation Reporter
Finance Ministry to table first set of relief measures on Friday
The Finance Ministry will propose to the Council of Economic Ministers on Friday a plan to hand out Bt1,000 each to around 10 million low-income earners as part of its first relief package to mitigate the economic impact of the Covid-19 outbreak.Minister Uttama Savanayana said ...
The Nation Reporter
As many as ‘100,000’ Thai labourers could be returning from South Korea
The number of Thai labourers returning from South Korea might reach 100,000 as some have been illegally working in that country, Deputy Permanent Secretary and Public Health Ministry spokesman Dr Opas Karnkawinpong said, requesting all Thais in South Korea to call hotline 1422 and enter ...
The Nation Reporter
Gasohol E20 to become primary petrol this month
Gasohol E20 will become the primary petrol for the country early this month, requiring all petrol stations nationwide to carry the ethanol-blended fuel, says the Energy Business Department.Director-general Nantika Thangsuphanich said the department will discuss the scheduled enforcement of E20 with fuel traders and refineries.Keep ...
Yuthana Praiwan
Crisis has markets pleading for stability support
A panic-selling spree ignited by mounting coronavirus infections across the globe caused another free fall for Thailand’s stock market, prompting consultants to urge the Finance Ministry to rethink expired tax deduction privileges for long-term equity funds (LTFs) and help stabilise market conditions.Keep reading ...
Bangkok Post Reporter
Drought and disease menace job prospects
Thailand’s employment market is facing myriad risks this year, with widespread drought, poor exports, the delay of the 2020 fiscal budget and the highly contagious coronavirus outbreak weighing on jobs.Thosaporn Sirisamphand, secretary-general of the National Economic and Social Development Council (NESDC), said the agricultural sector ...
Chatrudee Theparat
BoT warns of GDP growth below 1%
The Bank of Thailand says the economy is likely to expand by less than 1% in 2020 if the coronavirus outbreak lasts throughout the year, says a central bank senior official.If the virus continues to spread for the entire year, which is longer than the ...
Somruedi Banchongduang
2020 Digital Fund receives over 400 proposals as approval being expedited [Video]
Welcome back. The Digital Economy Fund was set up in 2017 as required by the Act on Digital Development for the Economy and Society. The fund, supported by the National Broadcast and Telecommunications Commission (NBTC), has reached over 5 billion baht.Keep watching ...
Finance Ministry to readjust 2020 GDP from COVID 19 consequences [Video]
The Fiscal Policy Office (FPO) has indicated that the Thai economy in January showed positive signs, due to the growths in the export sector, durable goods consumption in the private sector, and sales figures of personal vehicles. The office, however, pointed out that the COVID-19 ...
