Economy and commerce

Economic policy and administration

B100bn of recovery projects screened by economic agency

The National Economic and Social Development Council (NESDC) has screened the first round of 213 projects worth 101.48 billion baht out of a 400 billion baht budget earmarked to help those suffering from the impact of the Covid-19 pandemic.Thosaporn Sirisumphand, secretary-general of the NESDC, said ...

Bangkok Post Reporter

Business unusual

This moment is a uniquely testing time for us all. The speed at which Covid-19 has spread across the world and the severity of the disruption to the global economy have been unprecedented.With the pandemic affecting every element of business, from the robustness of supply ...

Recovery stimulus coming together

The Finance Ministry is gearing up to launch both financial and non-financial measures aimed at revitalising the economy once the pandemic is under control.The stimulus package prioritises job creation in the local economy, said Finance Minister Uttama Savanayana.The measures call for specialised financial institutions including ...

Wichit Chantanusornsiri

Economic rehab plan en route

A 400-billion-baht borrowing plan intended for economic and social rehabilitation after the pandemic to strengthen the domestic economy will be added to the cabinet’s agenda next week, with the first batch expected to be doled out later this month.Rehabilitating the farming sector is crucial to ...

Wichit Chantanusornsiri

FTI readies coronavirus recovery plan

The Federation of Thai Industries (FTI) has prepared a recovery plan to boost the grassroots economy and rebuild industry through a local economy scheme to cope with the coronavirus outbreak.The economic recovery plan aims to help businesses move towards high-value-added products and sustainable growth in ...

Lamonphet Apisitniran

Guidelines on community-level spending to be ready mid-May

The committee supervising government expenditure will come up with guidelines on community-level economic activities within May, Deputy Prime Minister Somkid Jatusripitak said on Thursday (April 30).He explained that Bt600 billion of the Bt1-trillion loan taken by the Finance Ministry will be used for cash handouts ...

The Nation Reporter

Govt sees GDP, investment boost if joins CPTPP trade pact

Thailand could expect a boost to its economic growth, investment and exports to help offset the negative impact of the new coronavirus pandemic if it participates in an Asia-Pacific trade agreement, the commerce ministry said on Monday.The country has before said it aimed to seek ...

Registration of businesses goes online to cut virus risk

The Department of Business Development is shifting business certification and juristic person registration services online to reduce the risk of Covid-19 infection, according to its director-general, Vuttikrai Leewiraphan.“To comply with the government’s work-from-home policy and to promote social distancing, the Department of Business Development has ...

The Nation Reporter

Cabinet gives green light to B1.9tn stimulus

The cabinet on Tuesday approved 1.9-trillion-baht spending to help people and businesses affected by the coronavirus disease 2019 (Covid-19), including 600 billion baht for six-month cash giveaways and 500-billion-baht soft loans for small and medium-sized businesses.The package, the third phase of the stimulus programme to ...

Chatrudee Theparat

Thailand says new economic measures to ease virus impact worth 10% of GDP

Thailand’s new package of economic measures to mitigate the impact of the coronavirus outbreak will be worth about 10% of its gross domestic product (GDP), Deputy Prime Minister Somkid Jatusripitak said on Friday.The package will cover all economic sectors for at least the next six ...

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