News
Inflation forecast revised
The Commerce Ministry has revised its annual headline inflation forecast to a range of 0.8% to 1.2% (with an average of 1%), narrowing from 0.7% to 1.7% (with an average of 1.2%) earlier.The latest projection is based on expected economic growth of 0.7-1.2%, with Dubai ...
Bangkok Post Reporter
Pandemic dampens fuel consumption
The Covid-19 outbreak caused fuel consumption in Thailand to decline by 4.4% during the first eight months of 2021 to a daily average of 131 million litres, down from a daily average of 137 million litres during the corresponding period last year, says the Department ...
Bangkok Post Reporter
Carbon credit trading in 2021 doubles from previous year
The trend of reducing greenhouse gas emission that is growing among industrial nations worldwide has doubled the value of carbon credit trading in 2021 from the previous year to nearly $750 million, said Kiatchai Maitreewong, director of Thailand Greenhouse Gas Management Organization (TGO).He said during ...
The Nation Reporter
Household debt increases Bt136 billion in second quarter
Thai household debt in the second quarter of 2021 recorded at 14.27 trillion baht, or 89.3 per cent of GDP, comparing to 14.14 trillion baht recorded in the first quarter, or 90.6 per cent of GDP, which was the highest point of household debt per ...
The Nation Reporter
Tech to offer better health outcomes
5G, artificial intelligence (AI), the Internet of Things (IoT) and other emerging technologies are expected to reshape healthcare service in the years to come as access to better medical service becomes available, say industry players.These new technologies could help save lives, reduce medical personnel workloads ...
Bangkok Post Reporter
Leading businesses in Thailand join Global Compact-United Nations push for climate action
The event organizers – Global Compact Network Thailand (GCNT), the United Nations in Thailand, and the British Embassy – applauded the companies at the event that already were embedding sustainability into their operations and encouraged more businesses to join the movement.Representatives of 77 companies in ...
The Nation Reporter
BoT chief forecasts unequal recovery
Economic inequality is expected to widen after the outbreak is controlled because lower-income earners will likely continue to suffer from the impact of the pandemic during an uneven recovery, says Bank of Thailand governor Sethaput Suthiwartnarueput.Thailand grappled with economic inequality and social injustice before the ...
Somruedi Banchongduang
Sandbox now open to everyone
Fully vaccinated travellers from “any country in the world” can now book holidays in Phuket and other provinces taking part in the sandbox scheme, the Tourism Authority of Thailand (TAT) says.The change will allow previously excluded Indonesians and Malaysians, among many others, to travel to ...
Bangkok Post Reporter
Farmers warned they need to adapt
Research findings by the Asian Institute of Technology (AIT) and the University of Exeter (UNEXE) in the United Kingdom have offered climate change adaptation strategies for farmers who rely on the Mun River in Thailand’s Northeast.The AIT in association with the UNEXE held a technical ...
Bangkok Post Reporter
BOT maintains 2021 economic forecast, expects only 200,000 visitors this year
The Bank of Thailand (BOT) announced on Wednesday that it had maintained its estimation of gross domestic product (GDP) in 2021 at 0.7 per cent expansion, but increased its forecast of 2022 GDP to 3.9 per cent from its August estimation of 3.7 per cent.“The ...
The Nation Reporter