Track Thailand's economy in English — business, trade, finance and market news, covered by Thai PBS World, Thailand's public broadcasting service.
The Bangkok Metropolitan Administration (BMA) has announced the further easing of COVID-19 restrictions. Meetings, conferences and events can now be held in hotels, convention and exhibition centres and shopping malls until 11pm, with alcoholic drinks allowed. Alcohol may be consumed at the event up to 11pm, but only in venues which meet the “SHA PLUS”
The Thai government has promised to do its best to keep the price of diesel at no more than 30 baht/litre for as long as possible, said a tired-looking Prime Minister Prayut Chan-o-cha at the Government House, after chairing a meeting of the National Energy Policy Committee this afternoon (Wednesday). Prayut said there are also
People in Thailand’s capital queued up this morning (Wednesday) at gold shops along the Yaowarat Road, widely known as Bangkok’s Chinatown, to sell their gold for cash, because gold prices continue to reach new heights as the Russia-Ukraine conflict affects global oil and gold prices. At 12.56pm today, the buying price of gold bullion increased
Prime Minister Prayut Chan-o-cha has instructed relevant agencies to launch energy conservation campaigns as part of the national agenda, with the public sector taking the lead, to reduce the consumption of energy by 20% and to cut the use of fuel by 10%, as global oil prices rise as a result of the war in
The Thai Prime Minister’s advisor Pirapan Salirathavibhaga, recently in charge of the three-decade-long Hopewell saga, which is a case between the Thai government on one side and Hopewell (Thailand) on the other, has attributed last Friday’s success in winning approval for a retrial of the case to one dedicated SRT official whom he described as
Three economic stimulus packages, introduced by the government to boost the purchasing power of consumers and to stimulate the economy have, so far, cost the taxpayer about 29 billion baht to support, Government Spokesman Thanakorn Wangboonkongchana said today (Saturday). 40.72 million subscribers to the three packages have spent money wired into their bank accounts by
SEATTLE/PARIS, March 4 (Reuters) – Boeing Co has preliminary plans to boost production of its cash cow 737-family narrowbody to around 47 per month by the end of next year, as the U.S. planemaker looks to extend its recovery from successive crises, two people familiar with the matter said. After slashing production due mainly to
Thai commercial banks have extended financial help, estimated at more than 289.3 billion baht, to their customers affected by the impacts of the COVID-19 pandemic over the past two years, according to Thai Bankers’ Association (TBA) Chairman Payong Srivanich today (Thursday). The move comes amid massive amounts of household debt and a subsequent resulting sharp increase in
Thai exports for the month of January reached a three year high, growing by about 8% year on year and worth about US$21.25 billion, said Commerce Minister Jurin Laksanawisit today (Wednesday). Imports for the same period rose by 20.5% year on year, with imports being worth about US$23.78 billion, resulting in a US$2.52 billion trade
In yet another step in the normalisation of relations between Thailand and Saudi Arabia, today the Thai cabinet today (Tuesday) approved two draft agreements related to the recruitment of Thais to work in Saudi Arabia. Government Spokesman Thanakorn Wangboonkongchana said the cabinet also designated the Thai Labour Ministry as the authority to sign the two
TOKYO, Feb 28 (Reuters) – Crude oil jumped while the rouble plunged nearly 30% to a record low on Monday after Western nations imposed tough new sanctions on Russia for its invasion of Ukraine, including blocking some banks from the SWIFT global payments system. Safe-haven demand boosted bonds along with the dollar and yen while
Small-scale fishermen in Thailand’s eastern province of Rayong are to rally at the Map Ta Phut industrial estate today (Monday), to demand compensation from Star Petroleum Refining (SPRC), which is being blamed for oil spills in the seas off the province on January 25th and February 10th. The low income fishermen have been heading towards
