Economy and commerce

The Finance Ministry is preparing to reconsider the eligibility criteria for receiving financial aid under the Rao Chana (We Win) scheme, which stipulates recipients should have a taxable income of no more than 300,000 baht per year.Approved in January, the We Win scheme aims to ...

The Commerce Ministry has teamed up with 11 digital platforms to roll out new discount campaigns, running until Feb 28, to relieve economic hardship amid the pandemic.According to Commerce Minister Jurin Laksanawisit, more than 100,000 shops are participating in the new campaign, with 1 million ...

The Commerce Ministry has pledged to speed up tackling the container shortage and open more border checkpoints to increase trade, aiming to reach the ministry’s goal of export growth of 4% this year.Speaking after the year’s first meeting of Joint Public and Private Sector Consultative ...

The Joint Standing Committee on Commerce, Industry and Banking (JSCCID) estimated on Wednesday that the Thai economy would grow 1.5-3.5 per cent this year.In addition, exports are likely to grow by 3-5 per cent, while inflation is hoped to be at most 1 per cent.The ...

Consumer confidence dropped for a second straight month in January, hitting a nine-month low, the University of the Thai Chamber of Commerce reported on Thursday.The UTTC consumer index fell to 47.8 in January from 50.1 in December.The report attributed the drop to concerns about the ...

Thailand’s economy, hit hard by the pandemic, is predicted by the World Bank to take approximately two years to recover. Living through periods of great uncertainty and rapid change is unnerving for us. But, around the world, leading companies are using pandemic-driven changes to position ...

The Ministry of Commerce is monitoring the situation in Myanmar to assess the situation and prepare to deal with any impact on exports and trade between Thailand and Myanmar.Keep watching ...

The Bank of Thailand held its benchmark interest rate steady at an all-time low as fiscal measures take the lead in reviving the economy amid a renewed outbreak of Covid-19.The central bank held the policy rate Wednesday at 0.5% in a unanimous decision, after cutting ...

The Myanmar coup was expected to have minimal impact on the Thai economy, the government said Wednesday, but the investments in the Dawei Special Economic Zone will have to be put on hold for now.  The coup “should not be a problem” as cross-border trade, which ...

Thailand’s exports are expected to grow by 3% to 4% this year as the global economy recovers, but a stubbornly strong baht currency remains a worry, the shippers’ council said on Tuesday.Exports, a key driver of growth, could perform better than expected on vaccine developments ...