Track Thailand's economy in English — business, trade, finance and market news, covered by Thai PBS World, Thailand's public broadcasting service.
Thousands of truckers in Thailand are gearing up for a nationwide strike tomorrow (Monday), to pressure the government into meeting their demand for the price of diesel to be capped at 25 baht/litre. Thanasant Kulaketpetranont, deputy secretary-general of the Northeastern Cargo Transport Association, said today that about 20% of the cargo trucks affiliated with the
With an economy almost entirely dependent on the tourist industry, Thailand is today lifting quarantine restrictions and allowing fully vaccinated foreign visitors from 63 countries and territories to enter in a bid to boost revenue from tourism during the last two months of 2021. Although the reopening will not see a major turnaround in visitors
Thailand is betting on a future driven by electric vehicles (EVs), while big businesses have laid out ambitious plans to become carbon neutral in the next couple of decades. The Thai government is expected to announce a new incentives package by the end of this year or early next year to promote electric vehicles. The
Thailand’s Ministry of Public Health will ask the Centre for COVID-19 Situation Administration (CCSA) to ease restrictions on movable retail stores, so they can open in exhibition halls, at festive events, in shopping malls and at amusement parks. Watcharapong Kuwichitsuwan, secretary to the public health minister, said today (Tuesday) that there are about 100,000 traders
International airlines have returned as many as 80% of their airport slots at Thailand’s six international airports between October 31st and March 26th next year, indicating their uncertainty over a recovery in the aviation sector, according to Nitinai Sirisamatthakarn, the managing director of Airports of Thailand (AOT) Public Company. AOT operates Suvarnabhumi, Don Muaeng, Phuket,
Commercial banks in Thailand have put in place measures to protect their credit and debit card holders from cyber fraudsters who, between October 1st and 17th, stole about 130 million baht from the bank accounts of 10,700 card holders, according to the Bank of Thailand (BoT) and the Thai Bankers Association (TBA). Under the newly
The world’s largest and highest ferris wheel opened to the public in Dubai on Thursday (October 21) with a lavish drone and firework show. Located on the Bluewaters Island, the ‘Dubai Eye’ – known as ‘Ain Dubai’ in Arabic, stands at 250 metres tall. It can take 1,750 visitors on one rotation, which takes just
About 70 private schools in Thailand have closed down during the past nine months, due to the impacts of COVID-19,and about 100 more are expected to follow suit, including 10 which have already notified the Office of the Private Education Promotion Commission about their decision to close. The latest, after more than 80 years in
The level of happiness in Thailand has reduced over the past few years, according to a number of indices and surveys. With the COVID-19 pandemic taking its toll on the country’s economy, people feel uncertain about their living, while their daily expenses remain very high. On a global scale, Thailand is ranked 48 out of
Australia delivered a withering denunciation of China’s trade policies Thursday, accusing Beijing of undermining the World Trade Organization and foot-dragging on promised economic reforms. During a usually routine WTO review in Geneva, Canberra’s representatives said China had benefited “significantly” from 20 years of WTO membership but was not keeping its end of the bargain. In
Oct 19 (Reuters) – The success of the South Korean dystopian drama series “Squid Game” has led investors to bet on Netflix Inc’s plans to explore more international content to boost slowing subscriber growth. With a 111 million-strong fan base in just 27 days after its release, the low-cost survival drama has become Netflix’s biggest
Amid the increasing push towards a digital economy, cybersecurity is back in focus after thousands of people fell victim to cyberfraud. At least 40,000 people suffered losses estimated at over Bt10 million after cybercriminals hacked the victims’ credit and debit cards, Pol Lt-General Kornchai Klayklueng, commissioner at the Cyber Crime Investigation Bureau, said on Monday
