Disasters and emergency response
BoT vows study of consumption habits
The Bank of Thailand pledges to keep a close watch on the fresh wave of Covid-19 infections and, in particular, the government’s measures in containing the infections as well as people’s consumption behaviour.Mathee Supapongse, the central bank’s deputy governor for monetary stability, said at an ...
Somruedi Banchongduang
Spending to drop by B50bn a month
Consumer spending is expected to decline by up to 50 billion baht a month as a result of the new outbreak of Covid-19 which also threatens to cause a further drop in the Consumer Confidence Index over the next three months, says the University of ...
Phusadee Arunmas
Thai economy may grow less than forecast after new outbreak-c.bank
Thailand’s economy may expand less than forecast this year, a central bank official said on Friday, after a third wave of coronavirus infections and concerns about the presence of a highly contagious variant.The tourism-reliant economy suffered the deepest slump in over two decades last year, ...
FTI gloomy over new outbreak
The new Covid-19 outbreak, which stunned Thai people with a new hardly controlled virus variant, continues to raise more concerns over economic health, adding fiscal-monetary burdens to the government, now likely to see GDP miss its target.The Federation of Thai Industry (FTI) on Thursday warned ...
Bangkok Post Reporter
Thailand says Bangkok COVID-19 outbreak may take months to contain
A coronavirus outbreak in Thailand’s capital may take more than two months to control, a health official said on Thursday, as authorities announced a broad ban on nightlife to tackle a new wave of infections and a highly contagious variant.Authorities expect to arrest the outbreak ...
Consumer confidence down on covid fears
Thailand’s Consumer Confidence Index in March fell to 48.5 points from 49.4 points in February over fears from a new wave of Covid-19 and political instability, a forecaster said Thursday.The University of the Thai Chamber of Commerce, which measures the index, said that economic growth ...
Most People Support Government’s Travel Incentive Measures
A survey by Suan Dusit Rajabhat University, or Suan Dusit Poll has found that a majority of people agree with the government’s measures to stimulate domestic travel and the economy.According to the poll conducted online on March 29-April 1 on 1,265 people throughout the country, ...
NNT Reporter
Shorter Covid-19 quarantine from April 1
Quarantine will be reduced to seven days for people coming from overseas who have received two doses of vaccine at least 14 days before arrival, beginning on Thursday, the Centre for Covid-19 Situation Administration confirmed on Wednesday.Apisamai Srirangson, assistant spokeswoman, said people who had not ...
Bangkok Post Reporter
Economy seen shrinking in Q1 due to virus outbreak
The tourism-reliant economy could contract in the first quarter from the preceding three months and the corresponding year earlier period due to the impact of a new coronavirus outbreak, the central bank said on Wednesday.The Southeast Asian country had largely contained the spread of Covid-19 ...
Thailand loses 1.45 million tourism jobs from pandemic: tourism group
Thailand has lost about 1.45 million tourism jobs during the coronavirus pandemic, including 400,000 in the first quarter, a private tourism group said on Monday, as the country gets ready to reopen to visitors to try to rescue the struggling sector,Tourism is a key driver ...