Economy and commerce

Rising coronavirus cases in Thailand dimmed the outlook for a quick rebound in tourism, sending the nation’s equities benchmark to rank as the world’s worst performer.Thailand’s SET Index’s 5.1% slump on Wednesday, most in six years, came after the government said confirmed cases of the ...

Thailand’s benchmark equity index tumbled to its biggest one-day loss since 2014, plunging below 1,400 points as rising local coronavirus infections shattered already fragile investment sentiment.The Thai bourse was the biggest loser in Asia-Pacific for the second time in three days.Keep reading ...

The Government’s economic policies are tailored to favour large corporations at the expense of the poor, resulting in the minority rich becoming richer while the poor get poorer, said party list MP of the now defunct Future Forward party, Mr. Pita Limjaroenrat, during the censure ...

A majority of people say they are now under economic pressure, particularly from the high cost of living, high prices of goods and an inability to meet daily expenses, according to the result of a survey by Suan Dusit Rajabhat University, or Suan Dusit Poll.The ...

Exports rose for the first time in six months in January, largely driven by shipments of oil and gold.The Commerce Ministry reported on Monday that customs-cleared exports rose 3.35% year-on-year in January, fetching US$19.62 billion, with imports dropping 7.86% to $ 21.18 billion, generating a ...

The Finance Ministry is preparing to offer 100 billion baht in soft loans as a lifeline to coronavirus-ravaged tourism operators as part of new relief measures that will seek the cabinet’s approval by early March.The soft loans, sponsored by the Government Savings Bank (GSB), will ...

An economist on Saturday warned that dissolving the Future Forward Party could aggravate political conflicts and take a toll on the economy.Anusorn Tamajai, the director of the Economic and Business Research Centre for Reform at Rangsit University’s Institute of Economics, on Saturday (February 22) commented ...

The Finance Ministry is set to roll out a fresh stimulus package this quarter large enough to jump-start economic growth momentum, says Finance Minister Uttama Savanayana.The prospective measures will help bolster consumer confidence, the tourism sector and business operators, he said.Keep reading ...

The Trade Policy and Strategy Office (TPSO) says e-commerce and digital content are gaining ground in China amid the coronavirus (Covid-19) outbreak.Pimchanok Vonkorpon, TPSO’s director-general, said the trends of e-commerce and digital content were gathering momentum as Chinese people tended to stay home during the ...

Thailand’s economy grew by 2.4 per cent in 2019, lower than the previous estimate of 2.6 per cent, the National Economic and Social Development Council (NESDC) said on Monday (February 17).The NESDC said gross domestic product in the fourth quarter of 2019 expanded by 1.6 ...