Track Thailand's economy in English — business, trade, finance and market news, covered by Thai PBS World, Thailand's public broadcasting service.
Thailand’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 previous two, as well as small and medium-sized enterprises and the financial sector, during the current deep economic crisis, caused by the COVID-19 pandemic. Deputy
The 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 of April. Spokesman for City Hall, Pol Captain Pongsakorn Kwanmuang, said today that all public and private parks in communities, housing estates and condos will
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. Chirut Visarnchit, said the suspension includes cross-border and chartered services. He said that public transport to the other destinations is unaffected, but certain measures have
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 Thaweepat. The governor had earlier closed all land and sea access to and from the southern province in a bid to curb the ravaging coronavirus.
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 banned while Phuket airport will be closed starting April 10. The lockdown will take effect till the end of April. Starting midnight today, the
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 province. Access by air will remain open for the time being. The lockdown will be in effect from midnight tonight (Sunday) until April 30th.
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 have seen bookings decimated by the virus and had been clinging to the hope that the Games would help them claw back this year’s losses.
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 the pandemic into their homes, and pledging $2 billion to bolster the country’s beleaguered health care system. “To save India and every Indian, there will
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 Chiang Rai. 3 passengers on the vehicle, all from the same family, have tested positive for COVID-19 and all fellow travellers now need to be
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 four. The Emergency Decree, which is due to take effect on Thursday and last a month, will give Prime Minister Prayut Chan-o-cha wide-ranging powers to
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, to stem COVID-19 transmission. It suggested that what it described as “blanket” help, such as cuts in electricity and water charges, be scrapped in favour
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 provinces. Prime Minister Prayut Chan-o-cha today (Monday) chaired a meeting of the COVID-19 Situation Management Committee to discuss ways to cushion the impacts of the
