News

We now see downside risks to Thailand’s growth outlook in 2020, given the impact from the coronavirus outbreak on the tourism industry and broader economic sentiment.Our core view is Thai economic growth would rebound to 3.0% this year, following an estimated 2.5% expansion in 2019. ...

The water supply system in the Mukdahan village of Ban Wong Phra Chan has never worked in its three years of existence, village headman Songka Deeduangphan told reporters on Wednesday (February 5).The system was installed in 2017 for the benefit of people living in a ...

The Transport Ministry will install air purifiers on the roofs of Bangkok buses this month, starting with 387 Bangkok Mass Transit Authority vehicles and fitting trucks as well if the results are good.Minister Saksayam Chidchob said plans were being finalised with the Ministry of Higher ...

The Bank of Thailand (BoT) slashed its policy rate by 25 basis points to a fresh record low of 1% at this year’s first meeting in an effort to shore up an economy battered by the coronavirus epidemic and the months-long delay in the fiscal ...

Consumer sentiment keeps falling, with the deadly virus outbreak adding to key concerns in addition to the delayed fiscal 2020 budget, the domestic economic slowdown and political instability.The University of the Thai Chamber of Commerce (UTCC) on Wednesday reported the consumer confidence index dropped to ...

The Joint Standing Committee on Commerce, Industry and Banking has revised downward the country’s gross domestic product (GDP) growth this year to between 2 per cent and 2.5 per cent from the previously forecast 2.5 to 3 per cent.The revision is in line with the ...

Some 30 product items have promising export prospects and need special effort from the government to increase shipments, says the Commerce Ministry’s planning unit.Pimchanok Vonkorpon, director-general of the Trade Policy and Strategy Office, said agricultural, food and industrial items are among the products, contributing a ...

Besides protecting themselves from the Coronavirus, people are also wearing masks to protect themselves from air pollution. The density of fine dust particles has been on the rise in many areas, especially in Bangkok and its vicinity.Keep watching ...

The Bank of Thailand has relaxed conditions for its Debt Clinic, a scheme that pools unsecured bad loans owed to multiple creditors, to cover cases that have a single debtor and expanded qualified creditors to specialised financial institutions (SFIs) to step up efforts to keep ...

Thai tour operators are weathering the storm after China imposed travel restrictions on group tours until late next month in a move to control the spread of the novel coronavirus, which the World Health Organisation has declared a global emergency.Keep reading ...