Industrial sector confidence index for June lowest in 12 months

The industrial confidence index for June has fallen again for the third consecutive month, to the lowest point of 80.7 in 12 months and from 82.3 in May, according to…

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People dine separated by dividing screens at a street food corner in Bangkok’s Chinatown on January 10, 2021, (Photo by Mladen ANTONOV / AFP)

฿1-2bn Baht per day loss expected due to new restrictions – Commerce Chamber

One to two billion Baht in revenue will be lost per day, resulting in an economic contraction of about 0.1%-0.3%, amid a new round of COVID-19 restrictions beginning today (Monday)…

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Cautious optimism infects Thailand as mass vaccination heralds reopening 

The launch of Thailand’s mass vaccination program on June 7 has sparked hope that the country can reopen for tourists and resume normal business activities. But uncertainty remains. The third…

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Govt’s latest COVID-relief loan triggers fears over transparency, public debt   

Controversy has erupted over the government’s move to borrow another huge sum to aid recovery from the virus crisis.  The government opted for an emergency decree to sanction an extra…

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A child sits at a table in front of closed shops at Pratunam market in Bangkok. (Photo by Mladen ANTONOV / AFP)

Vaccination delay threatens another downward spiral for Thai economy

The combination of a new wave of COVID-19 and delayed vaccination is set to wreak more damage on Thailand’s economy, with people’s incomes falling further and business risks rising. Slow…

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