Bangkok Post
SCB preps with long-term debt rejig
Siam Commercial Bank (SCB) has prepared long-term debt restructuring for customers to help them survive the prolonged Covid-19 pandemic, in line with the central bank’s requirement.SCB expects applicants for debt relief measures in 2022 to have 500 billion baht in debt outstanding, up from the ...
Somruedi Banchongduang
Omicron outbreak key risk to economic recovery
Thailand’s outbreak of the Omicron coronavirus variant could have a larger and more prolonged impact than expected on an economic recovery, according to minutes of the central bank’s last policy meeting released on Wednesday.Although, under the baseline scenario, the Omicron outbreak would not derail the ...
Covid may change aviation industry forever
After 2020 marked the onset and early waves of Covid-19, last year saw the full-scale impact of the pandemic crisis and the aviation industry remained one of its biggest casualties.Although some airlines were more impervious to the crisis than others, most would agree last year ...
Bangkok Post Reporter
Tackling household debt high on govt's 2022 agenda
The government has set its sights on hastening the economic recovery and marking 2022 as the year of tackling household debt, said Prime Minister Prayut Chan-o-cha in his New Year message.In a Facebook post, Gen Prayut said the country has been beset by problems stemming ...
Bangkok Post Reporter
Card holders can now use any hospital
Holders of 30-baht universal health care cards are now eligible to seek medical treatment at primary care units nationwide, Deputy Prime Minister and Public Health Minister Anutin Charnvirakul said on Sunday.There is no need to seek referral documents from the units where patients are registered, ...
Bangkok Post Reporter
B254bn spent on four economic relief schemes in last year
More than 41 million people participated in four popular economic relief programmes with their combined spending exceeding 254 billion baht last year, says the Finance Ministry.The figures were rounded off on Friday. The programmes are the third-phase aid for holders of state welfare cards, aid ...
Bangkok Post Reporter
Doubts linger over 2022
Tourism in major tourist destinations has clearly been picking up despite the lingering spread of Covid-19, especially since the country’s reopening on Nov 1. But all of a sudden, there came an unexpected turning point – the spread of the Omicron variant of the coronavirus.A ...
Bangkok Post Reporter
RCEP begins as SMEs hold breath
After much deliberation, the Regional Comprehensive Economic Partnership (RCEP) trade pact is expected to become effective today.The pact was signed on Nov 15, 2020, by the 10 Asean member countries along with five Asean free trade agreement (FTA) partners. At least six members of Asean ...
Phusadee Arunmas
Hoping for green development
The coming year looks to be an eventful one with activities that could have a big impact on Thailand, ranging from the country’s hosting of the Asia-Pacific Economic Cooperation (Apec) summit to the trial of the retail Central Bank Digital Currency (retail CBDC).The 2022 Apec ...
Bangkok Post Reporter
Suggestions for 2022 investments
The year 2021 posted exponential growth for cryptocurrencies and digital assets, which remain both one of the riskiest assets and one of the most promising growth opportunities entering 2022.To capture gains from the growing asset class, brokers advise investing 5-15% of a portfolio in digital ...
Bangkok Post Reporter