Economy and industry

The Finance Ministry expects 10 million people to register for its latest relief effort through a new scheme.Fiscal Policy Office acting director-general Kulaya Tantitemit said as of Saturday, about 7 million people had registered with the government’s Rao Chana (“We Win”) economic relief scheme.She said ...

Tourism operators would like the government to prioritise vaccinations for people in major tourism destinations in the second phase, which is scheduled from May to December, in the hopes of restarting tourism.Vichit Prakobgosol, president of the Association of Thai Travel Agents, said most locals at ...

Exports are expected to continue improving, following the return to growth in December, the first uptick in 10 months, supported by higher demand from trading partners and better global trade sentiment, says the Bank of Thailand.In December, the value of merchandise exports grew by 4.6% ...

Thailand has rejected a new technical report on Laos’ Sanakham dam project, one of nine large-scale Mekong River mainstream dams integral to Vientiane’s controversial economic strategy of becoming the “Battery of Southeast Asia.”The 684-megawatt Sanakham dam is one of seven future dams in various stages ...

Capital worth 70 billion baht circulated in the economy during the 3½ months of the co-payment subsidy scheme, says the Finance Ministry.From Oct 1, 2020 to Jan 21, 2021, the total amount spent via the e-wallet application under the co-payment scheme was 70 billion baht, ...

The Covid-19 crisis drove down Thai exports of processed, refrigerated and frozen chicken in 2020 to 945,000 tonnes worth Bt105 billion, from 950,000 tonnes worth Bt111.5 billion in 2019, said the Thai Broiler Processing Exporters Association on Friday.“The outbreak resulted in lockdowns in Japan and ...

Spending more quality time with loved ones is the top thing people look forward to this year, according to the “What Matters 2021” survey of Agoda.The online survey was conducted between Dec 10-16. The total sample size was 16,064 adults. It found that one in ...

The government’s “RaoChana” (WeWin) cash handout scheme and the first two phases of the “Khon La Khrueng” (Let’s Go Halves) co-payment scheme are expected to boost Thai GDP by 1 per cent, said Finance Minister Arkhom Termpittayapaisith.The Cabinet on Tuesday approved the new WeWin scheme ...

The Finance Ministry and the Bank of Thailand are set to discuss amending the soft loan royal decree soon in a bid to provide greater financial relief coverage for small and medium-sized enterprises (SMEs).The idea of amending this royal decree stems from the intent of ...

Broadband connections in Thailand are the fastest in the world, the latest Speedtest Global Index shows.In December alone, Thailand topped the list with broadband speeds averaging at 308.35 megabits per second (mbps), overtaking Singapore and Hong Kong, where the internet speeds average at 245.31mbps and ...