Disasters

The northern province of Tak on Saturday sealed its border shared with Myanmar’s Myawaddy after three more Myanmar nationals in Mae Sot border district tested positive for the new coronavirus that causes Covid-19.That prompted the Myanmar town to close its immigration checkpoint on the opposite ...

The Ministry of Labor has allocated 1.74 billion baht specifically for occupational skills training campaigns in the 2021 fiscal year, as an alternative approach to help workers being affected by this year’s pandemic.Keep watching ...

The Bank of Thailand will not extend a broad-based debt moratorium but will introduce targeted measures to help debtors affected by the coronavirus pandemic, a BoT assistant governor said on Friday.Southeast Asia’s second-largest economy posted its deepest contraction in over two decades in the second ...

Thailand and China have agreed to cooperate in multiple respects to research and develop a vaccine for COVID-19, as well as mutually work to revive one another’s economies.Keep watching ...

Thailand’s economic outlook remains highly uncertain with risks tilted to the downside and the central bank stands ready to use necessary tools to support an economy hammered by the coronavirus pandemic, central bank officials said on Wednesday.Southeast Asia’s second-largest economy contracted the most in 22 ...

The present Covid-19 crisis was worse than the Tom Yam Kung crisis of 1997, the Bangkok Commercial Asset Management (BAM) has said, adding that non-performing loans (NPL) was of concern for Thailand’s economic system.BAM explained that financial institutions in 1997 had a low rate fund ...

Thailand has tightened security at the main border trade gateway with Myanmar in Tak’s Mae Sot district after three Myanmar nationals tested positive for the coronavirus at the Thai border.Tak’s deputy governor, Suppimitr Paorik, has ordered vehicles from Myanmar to only load and unload goods ...

Assurance of a gradual economic recovery has been repeated by Thailand’s financial authorities using empirical evidence, but the reality on the ground reveals more pain in the near term.Despite signs of business activity re-emerging after strict lockdown measures were eased, the Covid-19 pandemic is challenging ...

Tourism could generate 1.5 trillion baht in revenue next year in the best-case scenario if market sentiment improves by April at the earliest, says the Tourism Authority of Thailand (TAT).Despite a resurgent pandemic, the TAT aims for Thailand to be among the top five tourism ...

The Tourism Council of Thailand (TCT) has reported that the tourism operators’ confidence index increased from 37 points in the second quarter to 60 points in the third quarter, following the lifting of various COVID-19 restrictions.Keep watching ...