News

Covid-19 pandemic showcases Thailand as a Medical & Wellness Hub

Thailand’s internationally admired performance in the pandemic of the COVID-19 virus has showcased the exceptional strengths of the country’s health care system and medical industry to further justify its drive towards becoming one of the world’s top medical hubs.A sophisticated healthcare system, universal healthcare coverage and ...

Ministry to sign deal with Shopee in bid to make farmers tap e-commerce platform

The Ministry of Agriculture and Cooperatives will sign a memorandum of understanding (MoU) with Shopee on July 15 this year encouraging Thai farmers to sell products online, expecting the product sales via Shopee platform to increase by approximately 30 per cent.Agriculture and Cooperatives Minister Chalermchai ...

The Nation Reporter

Bank deposits swell as investors avoid risk assets in uncertain times

Despite lower interest rates this year, bank deposits have risen sharply as investors have stayed away from investment in risk assets.Banks’ deposits as the end of May shot up by 8.76 per cent to Bt 14.63 trillion, an increase of Bt1.18 trillion from the end ...

The Nation Reporter

FPO makes use of satellite data

The Fiscal Policy Office (FPO) is using satellites and carbon dioxide density measures to study economic conditions on a more continuous basis, according to senior officials at the Finance Ministry’s think tank.The data will allow the FPO to analyse data for areas to improve efficiency ...

Wichit Chantanusornsiri

Govt plans B100bn soft loans to help tourism, services

The government plans 100 billion baht of new soft loans to help small-and medium-sized enterprises (SMEs) in the tourist and services sector hit by the coronavirus pandemic, the finance minister said on Monday.The loans will offer more relaxed conditions than the central bank’s 500-billion baht ...

Thailand – Cambodia border reopening proposed to resume bilateral trade

A vice chairman of the Sa Kaeo provincial council has proposed the reopening of the Aranyaprathet border crossing to resume border trade.Thongwara Maksakhon, the vice chairman of the provincial council, said that he would like to ask relevant authorities to make it clear if or ...

Thailand to start human trials of anti-COVID-19 vaccine in October

Thailand will conduct the first human trials of its COVID-19 vaccine candidate in October this year, after trials on monkeys produced satisfactory results, with high level of immunity being detected in the animals, according to Higher Education, Science, Research and Innovations Minister Suwit Mesinsee in ...

Agricultural startups to be mentored on using innovation to generate higher value

The National Innovation Agency (NIA) in cooperation with 12 private partners is launching a campaign to promote startup agricultural entrepreneurs to use innovation for boosting product prices instead of relying on government aid, NIA director Panart Chairat said.“NIA realises the importance of the agriculture sector ...

The Nation Reporter

5,000-baht SSF stipend moves forth

The Finance Ministry has approved the Labour Ministry’s proposal to provide leftover budget as a cash handout of 5,000 baht a month to nearly 90,000 workers registered under the Social Security Fund who were affected by the pandemic.“The Social Security Office (SSO) has submitted a ...

Wichit Chantanusornsiri

BOT focuses on pre-emptive moves to mitigate Covid-19 impact on economy

Pre-emptive measures will be launched in three areas to prop the economy up, it was decided at a meeting of the Bank of Thailand (BOT)’s Monetary Policy Committee and the Financial Institutions Policy Committee.At the year’s first biannual meeting on July 7 of the two ...

The Nation Reporter

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