News

BoT says confidence key to spurring recovery

Public confidence will be a key factor in boosting the economy after the government eased its strict Covid-19 pandemic restrictions, according to an executive at the Bank of Thailand (BoT).The loosening of the rules, which starts on Wednesday, will bring relief to businesses which had ...

Somruedi Banchongduang

Govt mulls coronavirus status cards

The Public Health Ministry is mulling over the possibility of issuing coloured cards to signify the status of people who have been vaccinated and those recovered from Covid-19 as people re-engage in social activities.The cards — green for fully vaccinated and yellow for people who ...

Apinya Wipatayotin

BoI’s Asean investment framework gets Cabinet okay

The Cabinet on Tuesday gave the go-ahead to the Asean Investment Facilitation Framework (AIFF) proposed by the Board of Investment (BoI).It also appointed Deputy PM Supattanapong Punmeechaow, who oversees issues related to the economy and investment, as the Thai representative at the Asean Economics Ministers’ ...

The Nation Reporter

Private sector ups 2021 GDP forecast as Thailand’s Covid-19 situation improves

A joint private sector committee has adjusted Thailand’s estimated gross domestic product (GDP) growth for this year to between -0.05 and 1 per cent, higher than the previous estimate of -1.5 to 0 per cent.The committee is comprised of three private sector organisations, namely the ...

The Nation Reporter

July exports rise, but Covid curbs hit activity

The economy in July was increasingly impacted by the country’s worst Covid-19 outbreak and tighter restrictions that extended into August, but fiscal policy and exports lent some support, the central bank said on Tuesday.The nation’s containment measures were imposed in July and August in Bangkok ...

Green light for online action plan

The cabinet on Monday gave the go-ahead to the national e-commerce development action plan phase I, which spans 2021-2022 and aims to boost e-commerce revenue to more than 5.35 trillion baht next year.Rachada Dhnadirek, a deputy government spokeswoman, said the Commerce Ministry’s action plan will ...

Bangkok Post Reporter

E-service tax law comes into force

Thailand will enforce the e-service tax law from Wednesday, following in the footsteps of more than 60 countries around the globe which collect value-added tax (VAT) from foreign e-service operators reaping income in their territories.These countries, including Australia, New Zealand, Japan, Taiwan and South Korea, ...

Bangkok Post Reporter

Private investment falls in July

Private investment declined in July as a result of the prolonged pandemic, but the export sector has continued to expand for five consecutive months, said Fiscal Policy Office deputy spokesperson Wuttipong Jittungsakul.On Monday the office published economic data for July, which revealed that sales of ...

Wichit Chantanusornsiri

Government to closely monitor inter-provincial travels after 1 Sep resumption [Video]

The Prime Minister has urged related agencies to ensure the enforcement of stringent disease control measures against COVID-19 for travelers and transport carriers, as inter-provincial travels to and from areas most critically hit with COVID-19.Keep watching ...

Community Forestry for the Local Economy [Video]

Tan-Yong-Mu-Long, community in the southern province of Songkhla to see how ‘community forestry’ helps people there, sustain their livelihoods. Keep watching ...

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