Economy and commerce
Co-payment most popular of all Covid relief measures: poll
People find the co-payment programme, one of the measures taken by the government to cushion impacts from Covid-19, most favourable to them, according to the result of an opinion survey by Suan Dusit Rajabhat University, or Suan Dusit Poll.The poll was conducted online during Oct ...
Bangkok Post Reporter
Subsidies shore up SMEs ahead of Nov 1
More than 5,000 small and medium-sized enterprises (SMEs) joined a government subsidy programme to help them retain employees on the first day of registration on Wednesday, said Labour Minister Suchart Chomklin.Applicants can register until Nov 20, according to the ministry. The programme was designed to ...
Bangkok Post Reporter
Minister to submit letter on CPTPP
Thailand’s decision on whether to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is becoming clearer, as Foreign Minister Don Pramudwinai is expected to submit a letter of intent soon for the country to apply to join the pact to the cabinet for ...
Phusadee Arunmas
Corporate bond sales to hit B1tn this year
The issuance of corporate bonds is expected to hit a trillion baht this year as companies try to avoid higher interest costs if rates rise next year, refinancing their debt to reserve liquidity with commercial banks for future emergencies as the market remains highly volatile, ...
Bangkok Post Reporter
Economy to improve in fourth quarter on eased curbs
The economy should improve further in the final quarter of this year thanks to government support measures and September’s relaxation of coronavirus curbs to spur activity, a deputy prime minister said on Thursday.The government will ensure the supply of Covid-19 vaccines is boosted to support ...
Inflation forecast revised
The Commerce Ministry has revised its annual headline inflation forecast to a range of 0.8% to 1.2% (with an average of 1%), narrowing from 0.7% to 1.7% (with an average of 1.2%) earlier.The latest projection is based on expected economic growth of 0.7-1.2%, with Dubai ...
Bangkok Post Reporter
Household debt increases Bt136 billion in second quarter
Thai household debt in the second quarter of 2021 recorded at 14.27 trillion baht, or 89.3 per cent of GDP, comparing to 14.14 trillion baht recorded in the first quarter, or 90.6 per cent of GDP, which was the highest point of household debt per ...
The Nation Reporter
BoT chief forecasts unequal recovery
Economic inequality is expected to widen after the outbreak is controlled because lower-income earners will likely continue to suffer from the impact of the pandemic during an uneven recovery, says Bank of Thailand governor Sethaput Suthiwartnarueput.Thailand grappled with economic inequality and social injustice before the ...
Somruedi Banchongduang
BOT maintains 2021 economic forecast, expects only 200,000 visitors this year
The Bank of Thailand (BOT) announced on Wednesday that it had maintained its estimation of gross domestic product (GDP) in 2021 at 0.7 per cent expansion, but increased its forecast of 2022 GDP to 3.9 per cent from its August estimation of 3.7 per cent.“The ...
The Nation Reporter
Small firms may get B45bn job support
The government has planned to introduce an estimated 45.4 billion baht in stimulus to help smaller businesses retain jobs, a planning agency said on Thursday, as the country deals with a prolonged coronavirus outbreak.The government will pay firms a total of 9,000 baht for each ...
Bangkok Post Reporter