News
Thailand boosts unemployment benefits and cuts taxes to help citizens faced with Covid costs
Thai social security contributions are to be lowered from 5 to 3 per cent for three months from January following approval by the cabinet Tuesday.The unemployment benefit for those let go due to the impacts of the Covid-19 pandemic was increased from 50 per cent ...
Thailand’s tourism sector seeks government support to face Covid-19 slump
Thailand’s tourism sector is asking the government for more soft loans, a repayment holiday on other credit, and a relief fund, to help stay afloat as business is devastated by the Covid-19 pandemic, a minister said Monday.Affected hotels are also asking for a 15-per-cent discount ...
Making palm oil more sustainable
Palm oil has long been a major economic backbone of Southeast Asian economies, notably Indonesia, Malaysia and Thailand. But the undeniable environmental impact of extensive deforestation, haze and forest fires caused by oil palm plantations has given the industry a bad reputation that has been ...
Apiradee Treerutkuarkul
Cryptocurrencies' total market cap soars to B4bn
Cryptocurrencies’ total market capitalisation in Thailand soared to nearly 4 billion baht on Friday, or around 6% of the Stock Exchange of Thailand’s (SET) 2020 daily average trade, backed by the continuous price surges of bitcoin and other digital currencies.Bitcoin’s euphoric rally endured as it ...
Bangkok Post Reporter
Govt plans new two-month Covid-relief package for 40 million people
Prime Minister Prayut Chan-o-cha on Tuesday pledged to support 40 million people who have been affected adversely by the new surge of Covid-19 infections.The authorities have implemented restrictions in many provinces that have been hit by the virus, which is impacting businesses and the daily ...
The Nation Reporter
New Covid wave, shortage of containers, strong baht all hitting export sector: TNSC
Thai National Shippers Council (TNSC) expects exports this month to only grow by 3 to 4 per cent, as the new wave of Covid-19 infections is expected to further affect the export sector.TNSC president Kanyapak Tantipipattanapong, however, admitted that the new normal and the work-from-home ...
The Nation Reporter
Cabinet okays Bt10bn to expropriate land for Khon Kaen-Nakhon Phanom railway
The Cabinet on Tuesday approved a draft law for expropriation of land to build the 336-kilometre Northeast railway between Khon Kaen and Nakhon Phanom. The plan hands the State Railway of Thailand a budget of Bt10 billion to requisition land along the route linking Ban ...
The Nation Reporter
Thailand to purchase 2m doses of Chinese vaccine
The Cabinet on Tuesday approved a budget of Bt1.3 billion to procure 2 million doses of the Covid-19 vaccine made by China’s Sinovac.Prime Minister Prayut Chan-o-cha said the first 200,000 doses should arrive in Thailand in February, followed by another 800,000 in late March and ...
The Nation Reporter
Along the Mekong River, Development Creates Sustainability Concerns
Rapid growth in the number of dams along the Mekong River is transforming Southeast Asia’s energy, food, transportation, security, and ecological networks. Eleven hydropower dams now span the river’s mainstream before it leaves China, with hundreds more dams planned or under construction in the other ...
Cambodia, Thailand to boost cooperation in new key areas
Cambodia and Thailand are committed to enhancing their cooperation in three existing development areas and agreed to add five more areas for the next three-year collaboration, according to the Council for the Development of Cambodia (CDC).The commitment was expressed during the 15th Consultation on Technical ...