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Thailand's $98 billion 2024 budget to be delayed over election

Thailand’s 3.35 trillion baht ($98.38 billion) budget for the 2024 fiscal year starting in October could be delayed by four or five months, the Budget Bureau said on Thursday, as the Southeast Asian country heads to an election set for May.The budget is needed to ...

Manpower shortage among wellness industry challenges

The government is being urged to fix the manpower shortage in the wellness industry and create a more favourable environment for locals and international visitors to establish Thailand as a top-tier wellness hub. Krip Rojanastien, chairman and chief executive of Chiva-Som International Health Resorts, called ...

Bangkok Post Reporter

Inflation and unemployment main worries of Thais, global survey shows

The majority of people globally, including Thailand, are worried about economic recession, rising product prices and unemployment, global market research company Ipsos said on Tuesday.The company cited its research “Ipsos Global Trend 2023” conducted among more than 48,000 people in 50 countries. About 1,000 of ...

The Nation Reporter

Thai economy to grow 3-4% this year, policy rate to ensure recovery - Finance Minister

Thailand’s economy is expected to expand 3 per cent-4 per cent this year and monetary and fiscal policies must work together to ensure economic growth and stability, the finance minister said on Wednesday.Southeast Asia’s second-largest economy continues to be supported by the vital tourism sector ...

Breakdown: Party readiness and economic policies

The House of Representatives was dissolved on Monday, paving way for the next general election on May 14.In terms of campaign readiness, four out of 87 competing parties have set up offices and fielded MP candidates for all 77 provinces. This includes the main opposition ...

Arkhom predicts potential growth of 4-5%

The potential growth rate of the economy is 4-5%, says Finance Minister Arkhom Termpittayapaisith. Among the factors that will determine more robust sustainable growth is increasing productivity by reskilling and upskilling workers, Mr Arkhom said yesterday at a seminar called “The NEXT Thailand’s Future”, co-hosted ...

Bangkok Post Reporter

Cyber scams: Top bankers unite to battle rise in financial crime

The central bank, commercial banks and state-run financial institutions are joining forces to fight online criminals preying on bank customers, officials and executives told a press conference on Friday.Senior officials from the Bank of Thailand (BOT), the Thai Bankers’ Association (TBA), and the Government Financial ...

The Nation Reporter

Thailand issues warnings after smog blankets major cities

Thai authorities have urged children and pregnant women to stay indoors and people to wear masks outside, as toxic smog covers vast areas of the country, leading more than one million people to seek medical attention, officials said. Prime Minister Prayuth Chan-o-cha begged farmers to stop ...

South, Southeast nations to enhance cooperation for maritime transport

A group of seven South Asian and Southeast Asian nations – collectively known as Bimstec – has reached an agreement on maritime transport cooperation to boost maritime connectivity within the region.The group’s Senior Officials’ Meeting endorsed the Agreement on Maritime Transport Cooperation at a virtual ...

The Nation Reporter

Air pollution has made over 1.3 million Thais sick this year

More than 1.32 million Thai people have reported sick in 2023 due to PM2.5 pollution, the Disease Control Department (DCD) said.A total of 1,325,838 patients suffered from air pollution-related diseases during the first five days of January, department director-general Dr Opas Karnkawinpong said.“The PM2.5 [particulate ...

The Nation Reporter

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