Bangkok Post
More people rely on internet payments since Covid: poll
More people have turned to the internet for financial transactions and making payments for goods and services, according to the result of a survey by Suan Dusit Rajabhat University, or Suan Dusit Poll.The poll was conducted online on 1,047 people throughout the country from Nov ...
Bangkok Post Reporter
Border security boosted as Omicron gets closer
Prime Minister Prayut Chan-o-cha has ordered border security to be reinforced after the first case of the Omicron variant of Covid-19 was detected in Malaysia, government spokesman Thanakorn Wangboonkongchana says.A border security alarm was sounded as concerns grew over the cross-border spread of the new ...
Bangkok Post Reporter
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
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
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
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 ...
Economy to grow more than 1% this year
The economy is expected to grow by more than 1% this year, helped by improved exports and government measures as well as a gradual recovery in tourism, Finance Minister Arkhom Termpittayapaisith said on Wednesday.The economy suffered a 6.1% economic slump last year, with the vital ...
Thailand to regulate digital platform service businesses
The cabinet on Monday approved a draft decree to regulate digital platform service businesses to maintain financial and commercial stability and to prevent damage to the public, government spokesman Thanakorn Wangboonkongchana said.Such businesses, both in and outside of Thailand, will need to notify the government ...
