Life is gradually returning to Thailand’s Hua Hin seaside resort, after Prachuap Khiri Khan provincial administration eased lockdown restrictions on May 18th, allowing hotels, food shops, shopping malls, department stores,…
Read MoreLife is gradually returning to Thailand’s Hua Hin seaside resort, after Prachuap Khiri Khan provincial administration eased lockdown restrictions on May 18th, allowing hotels, food shops, shopping malls, department stores,…
Read MoreThailand’s Eastern Economic Corridor (EEC) Policy Committee today approved the draft joint venture contract for the development of the 290-billion baht Eastern Airport City and U-Tapao airport project. The project…
Read MoreThe Monetary Policy Committee (MPC) of the Bank of Thailand has cut the benchmark interest rate by 25 basis points, to a new record low of 0.50%, with immediate effect….
Read MoreThe Transport Ministry has nominated 15 candidates for administrator, of the rehabilitation plan for ailing Thai Airways International, to Prime Minister Prayut Chan-o-cha for consideration. Transport Minister Saksayam Chidchob said…
Read MoreThailand’s cabinet has decided to let financially-strapped Thai Airways International enter a court-sanctioned rehabilitation scheme, under the Thai bankruptcy laws. Speaking at a news conference today (Tuesday), Prime Minister Prayut…
Read MoreThe labour union of Thai Airways International has voiced objection to any plan to reduce the Finance Ministry’s stake in the national flag carrier. The Ministry is the major shareholder…
Read MoreTOKYO (Reuters) – Japan’s economy slipped into recession for the first time in 4-1/2 years, GDP data showed on Monday, putting the nation on course for its deepest postwar slump…
Read MoreAlthough it is likely that struggling Thai Airways International will have to apply for a court-sanctioned rehabilitation programme, under the country’s bankruptcy law, there are a number of prerequisites to…
Read MoreAfter years of heavy losses, Thailand’s struggling national airline is making headlines with its last-ditch attempt to survive a spiralling financial crisis fuelled by the global coronavirus pandemic. Thai Airways…
Read More14.5 million Thai citizens have passed the eligibility screening for the three month 5,000 baht state subsidy. Mr. Lawan Saengsanit, director of the Fiscal Policy Office and spokesman of the…
Read MorePrime Minister Prayut Chan-o-cha said today that the only way for Thai Airways International (THAI) to survive its financial crisis is to enter and stick to an effective rehabilitation program,…
Read MorePrime Minister Prayut Chan-o-cha said today that people scrambling for donated items at food banks must stop, describing it as totally unacceptable. The Prime Minister, however, thanked donors for establishing…
Read MoreFood banks have become a new fad, in the wake of the COVID-19 pandemic, where anonymous philanthropic people, who want to help their fellow countrymen affected by business closures, can…
Read MoreThe Bangkok Metropolitan Administration (BMA) will extend the operating hours of Chatuchak weekend market, from 6pm to 7pm, to accommodate shoppers who prefer to visit the market in the evening,…
Read MoreAll Thailand’s provincial governors have been instructed, by the country’s Interior Ministry, to screen everyone arriving from the southern resort province of Phuket and to quarantine anyone suspected of being…
Read MoreThe Chatuchak weekend market, popular with both Thai and foreign tourists, will reopen this weekend, but visitors will be required to observe physical distancing and wear face masks. Mrs. Walaya…
Read MoreHome-sharing platform Airbnb said Tuesday it will slash one fourth of its workforce — some 1,900 people — as the coronavirus pandemic crushes the travel industry. The cuts are needed…
Read MoreThailand’s Prime Minister Prayut Chan-o-cha has warned stores that they must observe the rules on maintaining strict physical distancing between their customers, or they may be closed down again. The…
Read MoreHundreds of people gathered at the Public Relations Department (PRD) this morning (Tuesday) to file petitions to receive the 5,000 baht/month cash subsidy, promised by the Thai government, after they…
Read MoreA second set of swabs, taken from 40 asymptomatic in-patients at a hospital in Thailand’s Yala province, have been sent to a laboratory in Songkhla for analysis. This comes after…
Read MoreThailand’s exports to US market are forecast to contract by as much as 9.2% this year, due to the COVID-19 pandemic in the United States and the GSP privilege removal…
Read MoreThailand’s state-run Bank of Agriculture and Agricultural Co-operatives (BAAC) has agreed to grant a one-year debt moratorium to 3.3 million farmers, farmer’s groups, agricultural cooperatives and village funds from April….
Read MoreThailand’s National Hazardous Substances Committee (NHSC) today (Thursday) voted not to postpone the June 1st deadline for the ban two toxic weed killers, paraquat and chlorpyrifos. Twenty-four of the 28…
Read MoreFrom this Sunday, six types of businesses and recreational activities will be allowed to reopen in Thailand, but on a limited scale, as the CCSA gradually eases COVID-19 lockdown restrictions….
Read MoreThe overall damage Thailand’s national economy, caused by the COVID-19 pandemic, is currently estimated at about one trillion baht, while business confidence for the first quarter of this year has…
Read MoreThailand’s chance of joining the trans-Pacific trade bloc is now very slim after strong opposition has prompted the withdrawal of a proposal to apply for membership. Given the ongoing Covid-19…
Read MoreUnder pressure pharmaceutical and agricultural groups, the Thai Commerce Ministry has withdrawn its cabinet proposal recommending that Thailand should join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Deputy…
Read MoreThe Pharmacy Council of Thailand (PCT) has urged the Government not to rush into joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, or CPTPP, fearing that early entry, without…
Read MoreAs Covid-19 infections and fatalities continue to rise across the world, many billionaires are stepping up to help ease the blow for the poorest people while also fighting back against…
Read MoreThe cabinet has approved an Energy Ministry proposal for the Government to help shoulder the electricity bills of 22 million households for three months, back dated to March, to cushion…
Read MorePrime Minister Prayut Chan-o-cha gave his assurance today that the Government has no intention whatsoever of begging for or borrowing money from the country’s 20 richest people, after he invited…
Read MoreThe Bangkok Metropolitan Administration (BMA) has extended the ban on the wholesale and retail sale of liquor, from April 20th until end of the month, in line with the ban…
Read MoreThe price of un-milled Thai rice, for the 2019-2020 crop year, has increased to between 10,800 and 11,000 baht per tonne, which is the highest in about a decade. The…
Read MoreThailand’s Prime Minister Prayut Chan-o-cha has appealed to Thailand’s 20 richest people for help by asking them to join the Government in steering the country through the crisis caused by…
Read MoreA researcher at Thailand’s economic think-tank, the Thailand Development Research Institute (TDRI), has predicted that the number of poor people in Thailand might grow three-fold to about 18.9 million if…
Read MoreAs many as ten million workers in Thailand may lose their jobs in the next three months, if the COVID-19 pandemic drags on and if the Government does not provide…
Read MoreMany shoppers recently seeking to purchase groceries from the Seattle-based e-commerce company found they could not place orders due to a lack of available delivery slots. Amazon said it would have to relegate…
Read MoreThe Government is yet to decide whether a 24-hour curfew is necessary, government spokeswoman Mrs. Narumon Pinyosinwat said today, as she tried to allay public fears about the extension of…
Read MoreThailand’s cabinet has approved a third economic package, estimated to cost about 10% of the country’s GDP, or 1.6 trillion baht, to help those who did not benefit from the…
Read MoreThe Bangkok Metropolitan Administration (BMA) has reduced the opening hours of convenience stores, food shops and stalls by ordering them to close from midnight to 5am, from Thursday until end…
Read MoreThailand’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 MoreThree 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 MoreThe 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 MoreCiting 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 MoreThe 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 MoreNEW 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 MoreOfficials, 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 MoreThe 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 MoreThailand’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 MoreThe 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 MoreIt’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 MoreThailand’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 MorePrapas 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 MoreBangkok’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 MoreThai 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 MoreThailand’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 MorePrime 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 MoreNEW 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 MoreThe 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 MorePublic 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 MoreTISCO’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 MoreThe 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 MoreThailand’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 MoreThe 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 MoreThailand’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 MoreThe 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 MoreBANGKOK (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 MoreCANBERRA, 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 MoreThe 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 MoreAbout 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 MoreThough 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 MoreThe 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 MoreThe 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 MoreBEIJING (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 MoreSuwit 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 MoreInvestors 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 MoreThailand’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 MoreThe 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 MoreThe 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 MoreThailand’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 MoreOnce 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 MoreThe 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 MoreThe 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 MoreSanitary 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 MoreThe 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 MoreThailand 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 MoreThe 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 MoreFinance 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 MoreThe 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 MorePichapach 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 MoreWhile 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 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 MoreThe 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…
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