Economy and industry
IEAT presses new seaport construction
The Industrial Estate Authority of Thailand (IEAT) is preparing to begin construction of the third phase of development of Map Ta Phut deep-sea port in Rayong on July 1, despite the Covid-19 outbreak and a compensation dispute between officials and fishermen.The port expansion, which is ...
Lamonphet Apisitniran
New co-payment aid for SME wages
The government is set to roll out a fresh 50% co-payment subsidy for the monthly salary of employees of small and medium-sized enterprises (SMEs), its latest move to deter mass layoffs in the country.Deputy Prime Minister Supattanapong Punmeechaow said the new aid measure is scheduled ...
Bangkok Post Reporter
TAT readies new plan for gradually reopening Thailand to tourists
The Tourism Authority of Thailand (TAT) preparing a new plan for reopening Thailand, which it will propose to the Centre for Economic Situation Administration (CESA) on Friday.Siripakorn Cheawsamoot, deputy governor for TAT’s marketing in Europe, Africa, Middle East and the Americas, detailed the proposal as ...
The Nation Reporter
SEC seeks to regulate decentralised finance
Activities related to decentralised finance (DeFi) projects which involve digital coin issuance may require a licence from the regulator in the near future, the Securities and Exchange Commission (SEC) announced.The statement was released on Sunday afternoon after a DeFi farming platform named Tuktuk Finance debuted ...
Bangkok Post Reporter
State of the airline industry in Covid era
The airline industry was the hardest hit by the pandemic after Thailand suspended all flights last year, and only began to gradually reopen skies once infection rates became more controllable.According to the Civil Aviation Authority of Thailand (CAAT), the first quarter of this year only ...
The Nation Reporter
Q2 exports seen up 15% y/y - shippers
Thailand’s exports are expected to rise 15% in the second quarter from a year earlier, powered by improved global demand and after coming off a low base last year, the shippers’ council said on Tuesday.While maintaining its export growth forecast of 6%-7% this year, the ...
TAT says concrete plan for supply side imperative
Phuket must execute a development plan aimed at diminishing poor quality public services in exchange for over 930,000 vaccine doses prioritised for the island in the build-up to the sandbox initiative, according to the Tourism Authority of Thailand (TAT).“Not only Phuket, but another nine areas ...
Bangkok Post Reporter
NESDC warns of mounting job losses
Unemployment is likely to soar this year because of the severe impact being felt by the third wave of Covid-19, warned a government planning unit.Danucha Pichayanan, secretary-general of the National Economic and Social Development Council (NESDC), said the third wave of the pandemic is likely ...
Bangkok Post Reporter
Thai export market shows robust recovery as global economy slowly wakes up
The value of Thai exports in April had hit more than US$20 billion for three consecutive months, recording a growth of 13.09 per cent – the highest in 36 months.At the same time, Thai imports rose by 29.79 per cent to $21.25, especially the import ...
The Nation Reporter
Cabinet approves registration of personal cars for ride-hailing services
The Cabinet on Tuesday approved a draft regulation proposed by the Transport Ministry to allow people to register their personal cars for commercial use.Transport Minister Saksayam Chidchob explained that only cars with maximum capacity of seven people would be eligible for registration.The draft ministerial regulation ...
