News
Headline inflation posts 0.02% decline in August
Headline inflation in August contracted 0.02% year-on-year, the first drop in five months, after the decline of fresh food prices and the government’s launch of stimulus measures to ease the cost of living during the pandemic, says Wuttipong Jittungsakul, deputy spokesperson of the Fiscal Policy ...
Wichit Chantanusornsiri
BoT sees uptick in fourth quarter
The Bank of Thailand believes the economy bottomed out in the third quarter and should gradually pick up from the fourth quarter thanks to progress in the vaccination rollout and earlier than expected relaxation of the government’s containment measures.Lockdown measures to contain the Delta variant ...
Somruedi Banchongduang
Confidence index in Thai tourism sector drops to lowest point in Q3
The confidence index of tourism businesses hit the lowest point in the third quarter of this year, with more than 3 million people in the industry reportedly unemployed, the Tourism Council of Thailand (TCT) said.Astudy conducted by the TCT, the Tourism Authority of Thailand (TAT) ...
The Nation Reporter
Cabinet approves immediate registration of illegal migrant workers to combat outbreaks
The Cabinet on Tuesday approved immediate registration of undocumented migrant workers in a bid to curb further outbreaks of Covid-19.The move means foreign workers who do not have work permits can be registered quickly so they are covered by disease controls.Labour Minister Suchart Chomklin explained ...
The Nation Reporter
Manufacturing sustains growth amid pandemic
The Covid-19 outbreak caused the manufacturing production index (MPI) to dip by 4.15% year-on-year to 87.71 points in August, but the index kept growing during the first eight months of this year, the Office of Industrial Economics (OIE) reported on Wednesday.Despite the pandemic’s impact on ...
Bangkok Post Reporter
Bank of Thailand holds key rate at record low as Covid-19 outbreak eases
The Bank of Thailand held its key interest rate unchanged on Wednesday as the country’s Covid-19 outbreak eases, allowing the government to loosen movement restrictions to boost local demand and tourism.The bank’s Monetary Policy Committee voted unanimously Wednesday to hold the one-day repurchase rate at ...
Thailand agrees to open new border point with Cambodia
Thailand has agreed to open a new border crossing with Cambodia to boost trade, Commerce Minister Jurin Laksanawisit said on Wednesday.The crossing at the newly constructed Nong Ian-Stung Bot-Ban Friendship Bridge in Sa Kaeo province will be opened early as Thailand has yet to complete ...
The Nation Reporter
The challenge of water management in Thailand
Water management is becoming increasingly complicated in Thailand thanks to surging demand and urbanisation and the problem is being compounded by outdated systems, Pakamas Thinphanga writes.As Tropical Storm Conson slowly moved towards the South China Sea, its effects were felt in Thailand.Many breathed a sigh ...
Why Thailand’s tourism sandbox programmes failed
Nearly three months ago, Thailand launched its pilot programme to reopen selected destinations to vaccinated foreign tourists without quarantine.The trial reopening began in Phuket on July 1, followed by three resort islands of Surat Thani on July 15.Under the “Phuket Sandbox” programme, foreigners who can ...
The Nation Reporter
Cabinet approves THB1.3 trillion borrowing next year
The Cabinet on Tuesday approved fresh borrowing of 1.344 trillion baht for the new fiscal year, which starts next month.The new borrowing comes under the Cabinet-approved debt management plan. The plan includes 1.5 trillion baht already borrowed by the government plus a 2022 repayment plan ...
The Nation Reporter