Economy and industry

Thailand’s food exports poised for 7.1 percent growth in 2021

Thailand’s food exports are forecast to recover to 7.1 percent growth this year, fetching 1.05 trillion THB (35 billion USD), driven by growing demand in the global market.The anticipated rise in farm and food prices, especially for chicken, sugar, tapioca products and pineapples, as well ...

Airports of Thailand revises passenger traffic forecasts downward through to 2024

Airports of Thailand (AOT) has revised downward its passenger forecasts for its financial years through to 2024, due to the continuing impact of COVID-19 on traffic.AOT now expects to serve 31.9 million passengers in fiscal year 2021 (to 30 September), having previously projected 47.91 million. ...

'Unlimited' domestic flights brewing

The government may offer a subsidy for an unlimited travel pass to people who buy domestic air tickets in advance to help struggling airlines in Thailand.Tourism Authority of Thailand (TAT) governor Yuthasak Supasorn said the redemption rate on airfare for the ongoing “We travel together” ...

Narumon Kasemsuk

BTS fares remain unchanged

Passengers are not being charged fares for some 26 BTS stations, the Bangkok Metropolitan Administration (BMA) said on Tuesday. The free stations are on the BTS Green Line, from Bearing to Kheha and from Mo Chit to Khu Khot. Bangkok’s Skytrain system covers 61 stations ...

The Nation Reporter

Thailand’s GDP contracted 6.1 per cent in 2020 due to Covid-19: NESDC

Thailand’s gross domestic products (GDP) shrank 6.1 per cent in 2020 due to widespread impact of the Covid-19 pandemic, the National Economic and Social Development Council (NESDC) said on Monday.Danucha Pichayanan, secretary-general of NESDC, said at a conference that GDP in the fourth quarter of ...

The Nation Reporter

Debt event offers relief for those hit by Covid-19

The government has rolled out a debt mediation programme for debtors having problems repaying debts in light of Covid-19.Deputy government spokeswoman Traisuree Taisaranakul said Prime Minister Prayut Chan-o-cha has instructed various agencies to help debtors by preventing them from missing repayments and suffering from its ...

Bangkok Post Reporter

Cross-border trade with Myanmar via Ranong looking up

Thai-Myanmar border trade through Ranong province in January 2021 grew by 3.94 per cent in value compared to the previous month, with Thai exports increasing by 6.12 per cent, Wanida Arunothai, chief of Ranong Provincial Commercial Office under the Ministry of Commerce, revealed.The main exports ...

The Nation Reporter

State plan to aid e-commerce

The Electronic Transactions Development Agency (ETDA) is gearing up to develop digital infrastructure, upgrade e-transaction rules, improve e-transaction system standards and promote digital knowledge among the public as part of its 2021-22 strategic plan.The draft plan was revealed when ETDA recently held an online conference ...

Komsan Tortermvasana

Govt to set up innovation centre in EEC

The National Science and Technology Development Agency (NSTDA) on Wednesday signed a memorandum of understanding with SIASUN, China’s leading robotics and automation company, to jointly develop an innovation centre in the Eastern Economic Corridor of Innovation (EECi).The MoU, which the NSTDA signed with the company’s ...

Bangkok Post Reporter

Informal workers to receive 40% off SSF

The cabinet is expected to next week endorse a proposal to offer workers in the informal economy under the social security system a 40% discount on the monthly contribution to the Social Security Fund (SSF) for a period of six months.The proposed Covid-19 relief measure ...

Penchan Charoensuthipan

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