News
Lawmakers propose special sitting of parliament to consider student protests
Government MPs and a senator have separately proposed a special parliamentary session be convened in the light of the student flash mobs occurring across the country.In a letter, addressed to House Speaker Chuan Leekpai, Democrat party-list MP Issara Seriwattanawuth proposed an urgent motion for the ...
Crisis has markets pleading for stability support
A panic-selling spree ignited by mounting coronavirus infections across the globe caused another free fall for Thailand’s stock market, prompting consultants to urge the Finance Ministry to rethink expired tax deduction privileges for long-term equity funds (LTFs) and help stabilise market conditions.Keep reading ...
Bangkok Post Reporter
Drought and disease menace job prospects
Thailand’s employment market is facing myriad risks this year, with widespread drought, poor exports, the delay of the 2020 fiscal budget and the highly contagious coronavirus outbreak weighing on jobs.Thosaporn Sirisamphand, secretary-general of the National Economic and Social Development Council (NESDC), said the agricultural sector ...
Chatrudee Theparat
BoT warns of GDP growth below 1%
The Bank of Thailand says the economy is likely to expand by less than 1% in 2020 if the coronavirus outbreak lasts throughout the year, says a central bank senior official.If the virus continues to spread for the entire year, which is longer than the ...
Somruedi Banchongduang
2020 Digital Fund receives over 400 proposals as approval being expedited [Video]
Welcome back. The Digital Economy Fund was set up in 2017 as required by the Act on Digital Development for the Economy and Society. The fund, supported by the National Broadcast and Telecommunications Commission (NBTC), has reached over 5 billion baht.Keep watching ...
Payout hastened for rice scheme 'victims'
A special working group will be formed to speed up compensation to five injured parties in the bogus government-to-government deals under the infamous rice-pledging scheme, said Suppharoek Iam-la-o, acting director of the Marketing Organisation for Farmers (MOF), one of the affected parties.The committee was set ...
Bangkok Post Reporter
Finance Ministry to readjust 2020 GDP from COVID 19 consequences [Video]
The Fiscal Policy Office (FPO) has indicated that the Thai economy in January showed positive signs, due to the growths in the export sector, durable goods consumption in the private sector, and sales figures of personal vehicles. The office, however, pointed out that the COVID-19 ...
Cambodia, Thailand plan temporary opening of border crossing
Cambodia and Thailand are planning a temporary opening of a border crossing along Stung Bot of Cambodia’s Banteay Meanchey province and Thailand’s Ban Nong Ian area in Sa Kaeo province.The news was shared in a meeting between Heng Rathpisidh, Cambodia’s Director General of Public Works ...
Thailand Now Has the World’s Worst Stock Market
Rising coronavirus cases in Thailand dimmed the outlook for a quick rebound in tourism, sending the nation’s equities benchmark to rank as the world’s worst performer.Thailand’s SET Index’s 5.1% slump on Wednesday, most in six years, came after the government said confirmed cases of the ...
Minister pushes online sales of farm produce
The Ministry of Agricultural and Cooperatives plans to promote online sales of Thai agricultural produce through collaboration with e-commerce platforms, such as Lazada and Shopee, said minister Chalermchai Srion.“Preliminarily, Lazada has accepted our proposal ” he said. “We need standardised produce and have selected farmers ...
The Nation Reporter