Thailand’s Land Transport Department has suspended, until further notice, all public transport to Phuket, Yala, Pattani and Narathiwat, following reports of the rapid spread of COVID-19. The department’s director-general, Mr….
Read More
Thailand’s Land Transport Department has suspended, until further notice, all public transport to Phuket, Yala, Pattani and Narathiwat, following reports of the rapid spread of COVID-19. The department’s director-general, Mr….
Read More
Three southern provinces of Phuket, Yala and Narathiwat have been placed on lockdown in a bid to curb the coronavirus pandemic. Land traffic in an out of these provinces are…
Read More
The tourist island of Phuket is headed for a complete lockdown as its airport will be closed to all traffic starting April 10, according to an order of Governor Pakkapong…
Read More
Citing the worsening COVID-19 situation in Phuket province, Governor Pakkapong Thaveewat has imposed a lockdown of the popular resorting island, prohibiting all land and sea access to and from the…
Read More
The shock postponement of the Tokyo 2020 Olympics has dealt a savage blow to Japan’s hotels and tourism industry, already reeling from the impact of the coronavirus pandemic. Many operators…
Read More
NEW DELHI (AP) — India will begin the world’s largest lockdown on Wednesday, Prime Minister Narendra Modi announced in a TV address, warning citizens to stay inside or risk inviting…
Read More
Officials, in Thailand’s northern province of Chiang Rai, have been trying to track down passengers from a VIP tour bus, which travelled from Bangkok to the Chiang Saen district of…
Read More
The Thai government has declared a nationwide state of emergency in a stepped- up effort to stem the spread of COVID-19, which has so far affected 827 people and killed…
Read More
Thailand’s economic think-tank, the Thailand Development Research Institute (TDRI), has proposed the Government directly help workers and their families and small enterprises affected by the closures, imposed by the authorities,…
Read More
The cabinet is expected to roll out a package of measures to help people and businesses affected by the temporary closure of retail and other businesses in Bangkok and other…
Read More
It’s a Sunday like no other Sundays for Bangkok, usually one of the busiest cities in the world. As the new series of measures designed to combat the ravaging coronavirus…
Read More
Thailand’s norther city of Chiang Mai is to impose strict measures to limit gatherings of people in venues deemed at high risk of enabling the further spread of COVID-19. From…
Read More
Prapas Thongsuk was desperate to hug his daughter when she landed at Suvarnabhumi Airport late on Friday, but all he could do was sigh with relief to see his daughter…
Read More
Bangkok’s five neighbouring provinces of Nonthaburi, Nakhon Pathom, Pathum Thani, Samut Prakan and Samut Sakhon have imposed drastic measures to deal with the coronavirus pandemic by closing a range of…
Read More
Thai Lion Air has notified the Civil Aviation Authority of Thailand that it will temporarily suspend operations, for both domestic and international flights, effective March 25th, until the COVID-19 outbreak…
Read More
Former Deputy Commerce minister Banyin Tangpakorn was sentenced to eight years in prison on Friday, after the Bangkok South Criminal Court found him guilty of falsifying documents and using them…
Read More
Thailand’s Prime Minister Prayut Chan-o-cha said today that his government is ready to close the country’s borders to all foreign arrivals, if the COVID-19 pandemic worsens to Stage 3. The…
Read More
Prime Minister Prayut Chan-ocha has appealed to the public to unite and join the Government in its attempts to overcome the scourges of COVID-19, drought and slowing economy. In his…
Read More
NEW YORK (AP) — The escalating coronavirus emergency sent the stock market Thursday into its worst slide since the Black Monday crash of 1987, extending a sell-off that has now…
Read More
The public prosecutors have agreed not to appeal the verdict of the Appeals Court against construction tycoon Premchai Karnasuta, in connection with the illegal hunting of a black leopard and…
Read More
Public concern over COVID-19 is expected to slash the revenues of the restaurant sector this year by 25.6-36.5 billion baht to between 402 and 412 billion baht, according to Kasikorn…
Read More
TISCO’s Centre of Economic and Strategic Analysis has slashed Thailand’s GDP projection for this year from 1.7% to 0.8% – the lowest since 2009. The Centre’s economic research chief, Mr….
Read More
The cabinet is to consider four measures, proposed by the Energy Ministry, to help low-income earners, small and medium-sized enterprises weather economic hardship, weighed down by COVID-19. Endorsed by the…
Read More
Thailand’s economic ministers approved the Finance Ministry’s economic stimulus package today. The measures include a 1,000 baht cash handout for two consecutive months, to be wired directly into the bank…
Read More
The Internal Trade Department’s mobile retail outlets, offering face masks at bargain prices, were overwhelmed with customers who formed long lines at each of the 21 locations in Bangkok where…
Read More
The OPEC club of oil-producing countries meets Thursday in Vienna as they weigh how to react to a sharp drop in global oil demand due to the outbreak of the…
Read More
Thailand’s Finance Ministry will adjust the country’s growth rate projection for 2020 in April in the wake of several negative factors, including COVID-19 outbreaks in several countries, which have started…
Read More
Thailand’s telecom regulator, the National Broadcasting and Telecommunications Commission (NBTC), raked in over 100 billion baht from its auctions today of 48 licenses for 5G frequencies in the 700MHz, 2600MHz…
Read More
The current coronavirus outbreak which has claimed more than 1,300 lives in China so far has certainly diverted attention from what Beijing wants the world to appreciate – the advances…
Read More
BANGKOK (AP) — Central banks in the Philippines and Thailand have cut their benchmark interest rates as China’s neighbors seek ways to soften the impact of measures to contain a…
Read More
CANBERRA, Australia (AP) — British Foreign Secretary Dominic Raab made his first overseas trip since Brexit on Thursday to faraway Australia, where he reaffirmed Britain’s desire for a free trade…
Read More
The Monetary Policy Committee of the Bank of Thailand has voted unanimously to cut the policy rate by 25 basis points to 1%, which is the lowest in 20 years….
Read More
About 500 employees of a company in Thailand’s western province of Kanchanaburi were abruptly notified by the management on Friday that they are being laid off, due to a shortage…
Read More
Though a drastic drop in Chinese tourists to Thailand as a result of the coronavirus outbreak means a fall in tourism revenue, long-term relationship between Thailand and China is more…
Read More
The Thai Government is set to roll out a new economic stimulus package, including another phase of the Chim-Shop-Chai (Eat-Shop-Spend) program, to stimulate domestic spending and investment by businesses in…
Read More
The Industrial confidence index for December 2019 dropped to 91.7, from 92.3 the previous month, due to industrial operators’ concerns over domestic purchasing power and this year’s drought, which is…
Read More
BEIJING (Reuters) – China reported four more cases of pneumonia believed to be caused by a new coronavirus strain, causing rising concern globally that a disease health officials do not…
Read More
Suwit Traichok, a 60-year-old melon producer, was the pioneer of Thailand’s young smart farmers. Despite having a promising career and a decent salary in a well-established organization, Thai Airways International,…
Read More
Investors are buying gold in short-term speculation that gold prices will rise further, due to the escalation of tensions between Iran and the United States, following the killing of General…
Read More
Thailand’s Ministry of Energy has opened a ‘war room’ ahead of any escalation in tensions between the US and Iran, which may impact Thailand’s oil imports from the Middle East….
Read More
The Office of Trade Policy and Strategy is will propose, to the Joint Public-Private Sectors Committee in mid-January, export value targets for this year in order to achieve the economic growth…
Read More
The Bank of Thailand has played down the steady appreciation of the Thai baht currency, which strengthened to under ฿30 against the US greenback on Monday. Mr. Methi Supapong, the…
Read MoreMany people think that Halal are Islamic requirements related to food, but Halal covers much more than that. Halal products are in very high demand worldwide, including cosmetics, pharmaceuticals, and…
Read More
Thailand’s economy is likely to increase around 2.7-3.0 percent, according to the predictions by several economic institutions. The limited expansion is a result of negative effect from the weaker global…
Read More
Once dubbed as a sleeping partner, Thai commercial banks are set to experience numerous challenges next year. Apart from the slower economy, an entry of digital technology has prompted Thai…
Read More
The final curtain will come down on Ploen Wan, one of Hua Hin’s most popular tourist attractions, at the end of this January due to financial difficulties. Tenants of the 50s-era…
Read More
The 2020 holiday season may not be all that merry for businesses as Thais are expected to spend less due to gloomy economic sentiment and lower income. Bangkokians plan to…
Read More
Sanitary napkin is always a sensitive subject because the wrong type of cotton pad can easily irritate women’s skins. Recently, this feminine care product became a political debate, sort of,…
Read More
The Bank of Thailand’s Monetary Policy Committee (MPC) agreed unanimously on Wednesday to leave the benchmark interest rate unchanged at 1.25%, after its assessment that economic growth will be less…
Read More
Thailand is considering the possibility of creating a free trade agreement (FTA) with the United Kingdom after Prime Minister Boris Johnson’s historic victory in the UK election last week, which…
Read MoreThe state-run Krung Thai Bank (KTB) has recently rolled out an economic stimulus program as a New Year’s gift, which includes an 800,000 baht Toyota sedan and gold necklaces for…
Read More
The Cabinet on December 11 approved the minimum wage increase according to the proposal by the National Wage Committee. In spite of the promises made by political parties before the…
Read More
Finance Minister Uttama Savanayana reaffirmed today that the Thai economy this year is just slowing down and is not in a critical situation, with the likelihood that it will pick…
Read MoreKasikorn Research Center revises down Thailand’s economic growth this year to 2.5 percent from the initial projection of 2.8 percent and projects the next year’s growth at 2.7 percent. Speaking…
Read More
The cabinet today approved the Finance Ministry’s Super Savings Fund (SSF), in place of the Long-term Equity Fund (LTF), which will allow investors in the SSF to deduct 30% of…
Read More
Pichapach Khosabordee is the third generation of her family working at a famous traditional earthenware water-jar factory in Ratchaburi. She recalls the good old days when their business was selling…
Read More
While most of Thailand’s neighbors have one or two unicorns to boast their success in digital transformation, Thailand is still looking for one. One of the reasons that a unicorn…
Read More
Thanks to the Chim-Shop-Chai (Eat-Shop-Spend) stimulus package, the Government’s popularity has increased from 14.1% in October to 25.6% in November, according to Super Poll. Super Poll Research Office director Noppadol…
Read MoreIn yet another attempt to boost the economic growth rate, from Q3’s 2.4%, the cabinet today rolled out three new stimulus packages to ease a backlog of 270,000 unsold condominium…
Read More
The employment rate in the non-farming sector, for the third quarter of this year, has fallen by 2.3% whereas, in the farming sector, it has fallen by 1.8%, according to…
Read More
Once perceived as a mere recreational pastime, e-sports will be included in the multi-sport 30th SEA Games for the first time this year, reflecting growing popularity of e-sports which has…
Read More
A panel of nine Supreme Court judges today upheld the acquittal, delivered by the Supreme Court’s Criminal Division for Political Office Holders on fugitive former prime minister Thaksin Shinawatra, in…
Read More
The board of Metropolitan Rapid Transit, owner of MRT lines in Bangkok and its suburbs, has agreed to reduce fares for travel, during off-peak hours and on public holidays, on…
Read More
The third phase of the “Chim-Shop-Chai” (Eat-Shop-Spend) program has a special quota of 500,000 reserved for elderly people, in addition to the already fully subscribed quota for 1.5 million for…
Read More
Most respondents to an opinion poll have high expectations that Prime Minister Prayut Chan-o-cha will take relief measures to address the high cost of living, which ranks top of the…
Read More
Chinese shoppers set new records for spending during the annual “Singles’ Day” buying spree despite an economic slowdown and worries over the US trade war, with state media calling it…
Read More
Thailand’s household economic condition index (ECI) for the third quarter of this year is likely to drop further due to an ongoing global economic slowdown, which has impacted the domestic…
Read More
The Fiscal Policy Office of the Bank of Thailand voted 5:2 on Tuesday to slash the benchmark policy rate by 25 points to 1.25% with immediate effect in a bid…
Read More
A day after opting out of the Regional Comprehensive Economic Partnership (RCEP), the Indian government said on Tuesday is was exploring a trade agreement with the US, according to the…
Read More
Thailand’s Revenue Department is employing a ‘carrot and stick’ approach to persuade about three million income-earners and about 140,000 entrepreneurs, who have never paid income taxes, to pay up. Revenue…
Read More
The United States has agreed to consider Thailand’s request for a review of the suspension of trade preferences for Thai exports, under the Generalized System of Preferences (GSP) program, in…
Read More
Nippon Steel Steel Processing (Thailand) Company, in Rayong province, has announced a temporary suspension of its operations starting November 9th, citing a steady drop in sales. The Thai affiliate of…
Read More
Thailand’s Department of Special Investigation (DSI) is considering whether to oppose a decision by the Office of the Prosecutors for Special Cases not to indict a real estate developer charged…
Read More
Although the immediate impact from the US decision to suspend the Generalized System of Preferences (GSP) on Thai exports is limited, the prospects of Thailand’s outbound shipments to the US…
Read More
Thailand’s Royal Forest Department is tightening controls on the trade in arum (Amorphophallus) roots and saplings after it was learned that some Chinese traders have stockpiled huge quantities to be…
Read More
The prolonged trade war between the US and China has prompted a number of companies to move out of China to avoid the punitive tariffs and Vietnam has emerged as…
Read More
Thailand is to ask the United States to reconsider removal of trade preferences for Thai exports under the Generalized System of Preferences, Commerce Minister Jurin Laksanavisit said today (Sunday). He…
Read More
About 400 workers have been laid off, effective today (Friday), after the of SRF Industries (Thailand) Company’s tyre canvas production plant, in the Map Taput industrial estate in Thailand’s eastern…
Read More
HONG KONG/LONDON (Reuters) – HSBC Holdings Plc (HSBA.L) and Standard Chartered Plc (STAN.L) are set to show early signs of strain from anti-government protests in Hong Kong, the single-biggest profit…
Read More
While the other economic engines are losing steam, the government hopes to use the tourism sector to boost the country’s economic growth. Recently, the government announced additional measures to promote…
Read More
Prime Minister Prayut Chan-o-cha will, this afternoon, preside over the signing of a public-private-partnership (PPP) contract between the State Railway of Thailand (SRT) and the Charoen Pokphand Group-led consortium for…
Read MorePhase 2 of the Government’s “Chim-Shop-Chai” (Eat, Shop, Spend) scheme attracted a massive response when it was launched this morning at 6am, with its quota of 500,000 subscribers being achieved…
Read More
Nowadays, e-commerce presents a tremendous opportunity for aspiring entrepreneurs as they don’t have to invest a lot of money setting up a store or paying expensive rental fee. Technology disruption…
Read More
Thai Airways International president Sumeth Damronchaitham has admitted, for the first time, that the national flag carrier is in deep financial crisis, to the extent that it may have to…
Read More
China’s economy expanded at its slowest rate in nearly three decades during the third quarter as it was hit by the long-running US trade war and cooling domestic demand, data…
Read More
WASHINGTON (AP) — President Donald Trump offered an upbeat assessment of U.S.-China trade talks and said he would meet at the White House on Friday with the leader of the…
Read More
The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) agreed today to lower down the economic growth projection (GDP) to 2.7-3% from 2.9-3.3% due to weakening economic growth during…
Read More
Bangkok, like other major cities around the world, is getting bigger, in terms of population. Bangkok has the highest population density in Thailand, with approximately 5.6 million people residing in…
Read More
The escalation of the US-China trade war has prompted Chinese and Hong Kong investors to move to Thailand. In the first half of this year, they altogether sought approvals for…
Read More
Bangkokians are expected to spend around Bt4.76 billion during the annual vegetarian festival this year. Although the figure is up 2.4 percent from last year, the growth is weaker than…
Read More
Thais don’t only rely on charts and grafts when it comes to financial decisions, but also lucky charm or superstitious objects to encourage them to take risks. Of course, superstitious…
Read MoreThe falling Thai exports will hurt low-income workers the most as manufacturers are expected to hire less and cut overtime employment, affecting the purchasing power of these grassroot segment. The…
Read More
Thailand is aiming to become a country with high average income in the next 17 years, Prime Minister Prayut Chan-o-cha told his audience at a hotel in New York yesterday….
Read More
The Bank of Thailand has slashed the country’s economic growth projection for this year to 2.8% from 3.3% and the projection for next year from 3.7 % to 3.3%. The…
Read MoreFinance Ministry boasts positive feedback of “Eat, Shop, Spend” handout program or Bt1,000 cash giveaway, saying that more than 1 million people have signed up to participate in the program…
Read More
A total of a million people have registered to join the government’s Chim-Shop-Chai (Taste-Shop-Spend) program, under which each of them will receive a 1,000 baht giveaway to be spent between…
Read More
The first thing visitors approaching the small Danish island of Samso would notice are the white wind turbines rising out of the sea waters. And the closer they get, more…
Read More
In today’s world the tremendous advances in digital technologies have allowed people to work from anywhere in the world; by the seaside, up a mountain or near the tranquil river,…
Read More
Higher global crude oil prices following Saudi oil attacks may increase Thailand’s inflation rate this year by 0.3 percent, according to Kasikorn Research Center. The think tank made an assessment…
Read More
Thailand’s Energy Policy Board has scheduled a special meeting on Tuesday to discuss measures to cushion the impacts from oil price increases on the cost of living, following drone attacks…
Read More