Economy and industry
Lancang-Mekong 'soft connectivity'
China has collectively consulted, contributed to and shared in the development of the Lancang-Mekong region with the five Mekong countries — Thailand, Myanmar, Cambodia, Laos and Vietnam — over the past five years, helping to promote economic sustainability and connectivity.The Lancang-Mekong Cooperation (LMC) framework is ...
Bangkok Post Reporter
Govt plans B55bn savings bond issue in June
Thailand will sell 55 billion baht of government savings bonds next month to help finance a budget deficit, a Finance Ministry official said on Monday.The 5-year and 10-year bonds will be offered to the public with yearly average coupon of 2.9% and 3.6% respectively, said ...
April factory output rises 0.56% y/y, below forecast
Thailand’s factory output in April rose at a smaller pace than expected as higher costs continued to affect production, despite improved economic activity, the industry ministry said on Monday.The manufacturing production index (MPI) rose 0.56% in April year-on-year, below a forecast rise of 1.6% in ...
Thai economy hit by China’s zero-Covid policy, import restrictions: NESDC
China’s zero-Covid policy, agricultural import restrictions, and shift away from global dependence will hit Thailand’s economy, warned a government agency on Sunday.The National Economic and Social Development Council (NESDC) said it was monitoring China closely after the country imposed Covid-19 lockdown measures on Shanghai and ...
The Nation Reporter
Inflation rises in April
Thailand’s inflation rate saw a continuous increase in April, due to the rising fuel prices driven by the armed conflict in Ukraine. The Thai government’s trade policy office now expects the average inflation rate for the entire year to fall within the expected 4-5% margin.Continue ...
Co-payment scheme to be extended
The government has pledged to implement a fifth phase of the “Khon La Khrueng” co-payment subsidy scheme after Friday approving tourism stimulus packages to revitalise the embattled sector.According to Prime Minister Prayut Chan-o-cha, the government wants to extend the scheme and is studying the possibility ...
Bangkok Post Reporter
TAT keen on 20m goal
Thai tourism remains on course to reach 20 million arrivals next year as the prime minister predicted, following the easing of travel rules on May 1, according to the Tourism Authority of Thailand (TAT).“The industry next year is poised to strengthen from this year, making ...
Bangkok Post Reporter
PM orders govt to cut power use by 20% as fuel crisis deepens
Prime Minister Gen Prayut Chan-o-cha has ordered all government agencies to reduce their energy usage by 20 per cent as Thailand struggles with the fuel price crisis.Prayut said the Energy Ministry had proposed several measures to reduce energy usage, government spokesman Thanakorn Wangboonkongchana said on ...
The Nation Reporter
Growth outlook needs rejig
The Finance Ministry plans to revise its 2022 forecast for Thai economic growth next month, focusing on the impact of rising inflation and spiking energy prices, says a ministry source who requested anonymity.The ministry is worried the Russia-Ukraine war will affect its target for foreign ...
Wichit Chantanusornsiri
Digital spending to grow 9%
Digital advertising spending is expected to continue to grow in 2022, though by a smaller margin than the 18% surge recorded last year amid concerns about the weak economy, according to the Thailand Digital Advertising Spend Report.The report was jointly commissioned by the Digital Advertising ...
Bangkok Post Reporter
