Economy and industry

The current economic crisis could possibly lead to dissolution of the House of Representatives, according to a survey by Suan Dusit Rajabhat University, or Suan Dusit Poll.The poll was conducted online on Feb 14-17 on 1,148 people throughout the country to compile their opinions on ...

Tourism organisations in Thailand have called on the government to ease the COVID-19 requirements for international visitors to boost arrivals in time for the Easter holidays in April.Presidents of 20 tourism associations and councils submitted a letter to Prime Minister Prayut Chan-o-cha and related officials, ...

Thailand’s agricultural product exports grew 17 per cent last year despite the Covid-19 pandemic, the Office of Agricultural Economics said.Chanthanon Wankhajorn, secretary-general of the Office of Agricultural Economics, said exports of Thai agricultural products from January to December last year were valued at Bt1.3 trillion, ...

The government is set to approve a sharp rise in the minimum wage from Bt336 to a flat rate of Bt492, according to a source with knowledge of the matter.Coming just two years after the previous raise, the expected hike would mainly benefit labourers. However, ...

The Transport Ministry has pledged to speed up 36 mega-infrastructure projects with investments worth 1.98 trillion baht to stimulate economic development this year.Transport Minister Saksayam Chidchob said the projects, some of which have yet to be approved, are expected to upgrade the country’s logistics and ...

Siam Commercial Bank (SCB) has prepared long-term debt restructuring for customers to help them survive the prolonged Covid-19 pandemic, in line with the central bank’s requirement.SCB expects applicants for debt relief measures in 2022 to have 500 billion baht in debt outstanding, up from the ...

Thailand’s outbreak of the Omicron coronavirus variant could have a larger and more prolonged impact than expected on an economic recovery, according to minutes of the central bank’s last policy meeting released on Wednesday.Although, under the baseline scenario, the Omicron outbreak would not derail the ...

After 2020 marked the onset and early waves of Covid-19, last year saw the full-scale impact of the pandemic crisis and the aviation industry remained one of its biggest casualties.Although some airlines were more impervious to the crisis than others, most would agree last year ...

The government has set its sights on hastening the economic recovery and marking 2022 as the year of tackling household debt, said Prime Minister Prayut Chan-o-cha in his New Year message.In a Facebook post, Gen Prayut said the country has been beset by problems stemming ...

More than 41 million people participated in four popular economic relief programmes with their combined spending exceeding 254 billion baht last year, says the Finance Ministry.The figures were rounded off on Friday. The programmes are the third-phase aid for holders of state welfare cards, aid ...