Economy and industry
Union calls for review of mass lay-offs
The labour union of the Education Ministry’s textbook publishing and sales business, known as Suksapan, is demanding a review of the mass layoffs announced this week, blaming mismanagement for the organisation’s financial problems.The order to terminate 961 workers, or 93% of all Suksapan employees, cited ...
Bangkok Post Reporter
Govt revises 2020 inflation prediction downwards
The Commerce Ministry has revised its projection for 2020 inflation downwards despite an upward trend as the lockdown is lifted.Pimchanok Vonkorpon, director-general of the ministry’s Trade Policy and Strategy Office, said that while inflation fell 1.57 per cent year on year in June, it had ...
The Nation Reporter
Thailand considering ‘business bubble’ plan in bid to boost economy
National Security Council (NSC) Secretary-General General Somsak Rungsita said on Wednesday that the Centre for Covid-19 Situation Administration is now discussing accepting foreigners, both tourists (travel bubble) and business people (business bubble).Although Thailand has started to allow entry to more foreigners, tourism under the travel ...
The Nation Reporter
Cabinet accepts B200bn in energy schemes
The cabinet on Tuesday acknowledged the Energy Ministry’s plan to accelerate investment in energy projects worth more than 200 billion baht, starting later this year, in a collective move to help reboot the economy.According to Rachada Dhnadirek, deputy government spokeswoman, the Energy Ministry has pledged ...
Bangkok Post Reporter
Travel influencers begin quest to stimulate tourism [Video]
The Tourism Authority of Thailand (TAT) and numerous tourism related agencies have officially launched a new campaign, teaming up with online media content creators and influencers to stimulate the tourism sector.Keep watching ...
Tourism in Thailand to lose up to $47bn from Covid-19: UN study
Global tourism revenues are expected to fall by up to US$3.3 trillion due to Covid-19 restrictions, with Thailand standing to lose $47 billion, according to a UN study published on Wednesday.The ‘Covid-19 and Tourism’ report released by the United Nations Conference on Trade and Development ...
List of ‘travel bubble’ countries finalised today ahead of Aug reopening
Foreign tourists will be allowed back into the country in August under “travel bubble” arrangements, Tourism and Sports Minister Phiphat Ratchakitprakarn confirmed on Thursday, (July 2).The “travel bubbles” will cover countries at low-risk of Covid-19 contagion, while the tourists would be allowed to travel on ...
The Nation Reporter
Over 500,000 claimed jobless benefits in June
More than half a million Thais claimed jobless benefits in June, the Department of Employment reported today (June 30).“The number of people who claimed jobless benefits in June was 505,594,” department director-general Suchat Pornchaiwiseskul said. “However, some workers may be hired for work again after ...
The Nation Reporter
Energy Ministry plans to buy solar energy generated by public under new project
The Energy Ministry aims to launch a new public solar energy project with an annual target of 50 megawatts and the pilot phase to be completed in 60 days, Minister Sonthirat Sonthijirawong said.“The ministry will work with the Electricity Generating Authority of Thailand [Egat], the ...
The Nation Reporter
Thai economy will shrink at least 5% this year: World Bank
Thailand’s economy is expected to be severely impacted by the Covid-19 pandemic, shrinking by at least 5% this year and taking more than two years to return to pre-pandemic GDP output levels, the World Bank said on Tuesday.In the baseline scenario, the economy is projected ...
