Economy and commerce

Thai - Myanmar border trade remains unchanged amid the military takeover [Video]

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 ...

Bank of Thailand Holds Key Rate, Lets Fiscal Policy Take Lead

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 ...

Myanmar coup to have “minimal” impact on Thai economy, government says

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 ...

Exports seen up 3-4% this year, but strong baht weighs -shippers

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 ...

Investor confidence improves but new Covid wave drags

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 ...

Govt targets B300 bn investments in eastern corridor this year

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 ...

Digital savings products gain traction

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 ...

Somruedi Banchongduang

Finance Ministry Expects 10Million to Register for New Relief Scheme

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 ...

NNT Reporter

Export recovery poised to continue, says BoT

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% ...

Somruedi Banchongduang

Co-pay scheme generates B70bn

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, ...

Wichit Chantanusornsiri

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