Economy and industry
Speed limit will be raised to 120kph in April
The speed limit for roads with four lanes or more will be raised from 90 kilometres per hour to 120kph, Transport Minister Saksayam Chidchob said on Friday.He said the new speed limit should be announced in the Royal Gazette by April, after a study by ...
The Nation Reporter
Cryptocurrency draft draws flak
A draft of qualifications for cryptocurrency investment by the Securities and Exchange Commission (SEC) is sparking heavy criticism from the public as it effectively bars the majority of Thais from trading digital currency by requiring them to have annual income of 1 million baht.The draft ...
Bangkok Post Reporter
BoT points to business sector as key to economic recovery
The Bank of Thailand (BoT) is pressing the government to address impact on liquidity from the COVID-19 situation in the business sector, arguing it will speed up economic recovery.Senior Director of Macro Economics at the BoT Chayawadee Chai-Anant pointed out that measures focused on triggering ...
NNT Reporter
MPI records 6.03% rise in January
Thailand’s manufacturing production index (MPI) in January rose by 6.03% to 101.82 from 96.03 points in December amid the new Covid-19 outbreak as officials expect better economic prospects in the months ahead following the recent delivery of vaccines.Plastic bead manufacturing, which increased by 10.8% year-on-year, ...
Lamonphet Apisitniran
TAT expecting 44% fewer trips during long weekend
The damage from the second wave of the pandemic persists for the tourism industry, as an estimate suggests there will be 44% fewer domestic trips during the Buddhist festival holiday which begins on Friday, according to Tourism Authority of Thailand (TAT).TAT governor Yuthasak Supasorn said ...
Narumon Kasemsuk
Thai court rejects appeal over Lao dam
Environmental activists are concerned about the impact of a proposed Mekong River dam in Laos after a Thai court refused to hear an appeal over the case.The huge Pak Beng Dam project is among 11 proposed mainstream dams that are part of Laos’ economic plan ...
FPO Points out Key Factors to Revise GDP Growth
The Fiscal Policy Office (FPO) says domestic virus inoculation, foreign tourist arrivals and export growth are among the key variables determining the revision of GDP growth outlook this year.FPO adviser Wuttipong Jittungsakul said other factors influencing the economic growth assessment are the impact of the ...
NNT Reporter
UTCC: GDP boost from 3 packages
Three key economic stimulus packages — the co-payment subsidy scheme, We Win financial aid programme and the Section 33 We Love Each Other programme — are instrumental to shoring up the country’s economy, boosting the country’s economic growth by a combined 1.76 percentage points this ...
Phusadee Arunmas
China Dams Continue to Hinder Water Flow on the Mekong River
China’s water relations with Thailand and the other lower Mekong countries are once again under strain after Beijing held up the Mekong River’s flow at one of its large dams upstream, precipitating a sudden drop in volume for downstream countries that share the region’s longest ...
Jobless rate dips in Q4 but remains near multi-year high
The unemployment rate fell in the fourth quarter of 2020 from the third quarter, as an easing of Covid-19 curbs led to a revival in economic activity, but a recent rise in infections poses a risk, the state planning agency said on Tuesday.The unemployment rate ...
