News
CESA approves new economic campaigns
The national reopening campaign is now in full-swing, despite the emergence of the Omicron COVID-19 variant. And the Center for Economic Situation Administration(CESA) has approved four new campaigns promoting economic activities and investments.Keep watching ...
Inflation set to increase next year
Rising product prices based on higher demand and persistently high oil prices are expected to drive Thailand’s headline inflation to grow by 0.7% to 2.4% (an average of 1.5%) next year, from 0.8% to 1.2% this year, according to the Commerce Ministry.The projection is based ...
Phusadee Arunmas
Thai exports under FTAs up 25% in first 9 months of 2021
Business under Thailand’s 13 free-trade agreements (FTAs) has been expanding despite the Covid-19 crisis, its trading partners in Asean, China, Japan, South Korea, Hong Kong, Australia, New Zealand, India, Chile and Peru.In the first nine months of the year (January to September), the total trade ...
The Nation Reporter
Central bank expects spike in NPLs
The Bank of Thailand (BoT) expects higher non-performing loans (NPLs) in the local banking system after banks relaxed debt assistance measures, but the bad loans are expected to be contained under the strong risk management of the banking sector.The central bank on Friday announced the ...
Somruedi Banchongduang
Thai air traffic rises 25% at the beginning of November after country reopening
The volume of flights from November 1-10 was 9,919, up 25 per cent from October, Aeronautical Radio of Thailand (Aerothai) said on Saturday.Of the total flights, 2,243 flights were international flights, 6,651 domestic and 1,025 flights across Thai airspace, Aerothai Acting President Tinnagorn Choowong said. ...
The Nation Reporter
State upbeat on cross-border trade
The government expects cross-border trade prospects to fare better than an earlier forecast thanks to buyers’ confidence in the quality of Thai products and the economic recovery of neighbouring countries.The bullish forecast also stems from efforts by the ministry to address traffic congestion at border ...
Phusadee Arunmas
Blitz on smoky cars to curb PM2.5 smog
The Pollution Control Department (PCD) aims to reduce PM2.5 air pollution by 25% by imposing the maximum punishment under the traffic law on any driver whose vehicle produces black smoke caused by poor maintenance.According to PCD chief Attaporn Charoenchansa, the department has been closely working ...
Apinya Wipatayotin
Thailand will go well beyond its target of 100 million Covid-19 vaccine doses by end-2021
By the end of this year, Thailand will have procured 155.6 million doses of Covid-19 vaccines, far exceeding the 100-million doses target the government had set in April.“Of the total 155.6 million doses, 128.6 million doses are Sinovac, AstraZeneca and Pfizer procured by the government, ...
The Nation Reporter
PM to present net-zero goal at COP26
Prime Minister Gen Prayut Chan-o-cha will attend the 26th UN Climate Change Conference (COP26) in the United Kingdom next week where he will formally announce Thailand’s new pledge to achieve carbon neutrality by 2065.Natural Resources and Environment Minister Varawut Silpa-archa said Thailand’s delegates to the ...
Bangkok Post Reporter
Finance ministry cuts 2021 GDP outlook
The Finance Ministry on Thursday cut its 2021 economic growth forecast to 1.0% from a previously projected 1.3% expansion, the fourth such revision this year, as the country struggles to recover from the pandemic.Thailand suffered a 6.1% economic slump last year, after the collapse of ...
