Economy and industry

The Civil Aviation Authority of Thailand (CAAT) on Monday (April 6) decided to further extend the ban on passenger flights to the Kingdom from 00.01am of April 7 to 11.59pm of April 18.CAAT had initially prohibited all aircraft from entering Thailand for three days, from ...

All passenger flights have been banned from landing in the country to curb the outbreak of the new coronavirus, the aviation agency said on Friday.The ban came into effect on Saturday morning and will run until the end of Monday, the Civil Aviation Authority of ...

Thailand’s new package of economic measures to mitigate the impact of the coronavirus outbreak will be worth about 10% of its gross domestic product (GDP), Deputy Prime Minister Somkid Jatusripitak said on Friday.The package will cover all economic sectors for at least the next six ...

Thailand’s cross-border trade fell by 6.5% year-on-year in the first two months of 2020 as the spreading coronavirus snarled the global economy and logistics systems, particularly in southern China.The Foreign Trade Department on Tuesday said the country’s overall cross-border trade, including transit trade, totalled 171.31 ...

A fresh batch of relief measures for people and businesses affected by the outbreak, farmers and capital market stabilisation is set to go before the economic ministers’ meeting today before being forwarded to the cabinet next Tuesday.The government hopes the measures will suffice to buffer ...

The government on Friday unveiled plans for fresh government stimulus as well as rule changes to improve monetary policy flexibility, stepping up efforts to cushion the blow from the novel coronavirus outbreak.The latest stimulus would be funded by new borrowing and reallocation of the existing ...

The economy is expected to contract every quarter this year, with the nadir in the second quarter, according to a senior official at the Bank of Thailand.The contraction should narrow in the third and fourth quarters before turning around next year, said Don Nakornthab, senior ...

The tourism confidence index plunged to the lowest level in nine years, though the industry is optimistic about the final quarter of 2020, which could lead to a total of 26.6 million international arrivals this year, according to the Tourism Council of Thailand (TCT).The survey ...

Mobile users can register for 10 free gigabytes of data usage, starting from April 10, as part of a public assistance scheme during the Covid-19 crisis, according to the National Broadcasting and Telecommunications Commission (NBTC).They have to dial *170*, followed by the 13 digits of ...

Labour rights advocates have called for a debt moratorium at financial institutions as another state measure to relieve the economic impact on informal workers caused by anti-Covid-19 measures.While the 5,000 baht to be given to eligible workers for three months allows them to have some ...