Economy and commerce

Investor confidence in Thai financial markets over the next three months has improved slightly on optimism over vaccines and capital inflows, but has been capped by a new wave of coronavirus cases, a capital market association said on Tuesday.A survey in January by the Thai ...

The government aims to boost investment in the country’s industrial east this year by 44% to around 300 billion baht, a deputy prime minister said on Monday, after a 45% drop last year due to the impact of the coronavirus pandemic.The amount would be a ...

Saving for a rainy day is an ideal approach in times of great uncertainty. Although the prolonged low interest rate environment tends to make people hesitate about embarking on a traditional savings plan, digital savings products are a secure and wise choice to make your ...

The Finance Ministry expects 10 million people to register for its latest relief effort through a new scheme.Fiscal Policy Office acting director-general Kulaya Tantitemit said as of Saturday, about 7 million people had registered with the government’s Rao Chana (“We Win”) economic relief scheme.She said ...

Exports are expected to continue improving, following the return to growth in December, the first uptick in 10 months, supported by higher demand from trading partners and better global trade sentiment, says the Bank of Thailand.In December, the value of merchandise exports grew by 4.6% ...

Capital worth 70 billion baht circulated in the economy during the 3½ months of the co-payment subsidy scheme, says the Finance Ministry.From Oct 1, 2020 to Jan 21, 2021, the total amount spent via the e-wallet application under the co-payment scheme was 70 billion baht, ...

The Covid-19 crisis drove down Thai exports of processed, refrigerated and frozen chicken in 2020 to 945,000 tonnes worth Bt105 billion, from 950,000 tonnes worth Bt111.5 billion in 2019, said the Thai Broiler Processing Exporters Association on Friday.“The outbreak resulted in lockdowns in Japan and ...

The government’s “RaoChana” (WeWin) cash handout scheme and the first two phases of the “Khon La Khrueng” (Let’s Go Halves) co-payment scheme are expected to boost Thai GDP by 1 per cent, said Finance Minister Arkhom Termpittayapaisith.The Cabinet on Tuesday approved the new WeWin scheme ...

The Finance Ministry and the Bank of Thailand are set to discuss amending the soft loan royal decree soon in a bid to provide greater financial relief coverage for small and medium-sized enterprises (SMEs).The idea of amending this royal decree stems from the intent of ...

Thailand’s GDP growth projection of 3.2% for this year could be downgraded by as much as four percentage points, depending on the government’s management of the latest outbreak, says the Bank of Thailand.There are three scenarios that could cause the country’s economic growth outlook to ...