Bangkok Post
Loan decree needs to be transparent
A former finance minister on Monday submitted a petition to the Supreme Admin Court asking it to revoke cabinet approval for a 700-billion-baht loan to combat the kingdom’s public health crisis.The cabinet recently approved the draft of an executive decree authorising the government to borrow ...
Bangkok Post Reporter
Testing the stagflation waters
Thailand’s economy has been mired in a contraction for five consecutive quarters, starting with a 1.8% dip in the first quarter of 2020 followed by an alarming 12.2% nosedive in the second quarter.The contraction was less severe at only 6.4% in the third quarter, shrinking ...
Bangkok Post Reporter
Govt says tourism industry may not recover until 2026
It could take another five years before tourism revives fully in Thailand — an ominous sign for one of the most tourism-dependent economies in the world.The sector, which contributed about one-fifth of the economy before the pandemic, isn’t expected to return to normal until 2026, ...
SSO promises workers will get Covid vaccines in June
The Social Security Office (SSO) has assured employees covered under Section 33 of the Social Security Act (SSA) that the vaccination drive against Covid-19 will begin in June.Its 80 contracted hospitals across the country are ready to provide them with the service, said SSO spokesman ...
Mongkol Bangprapa
Save big cities in Asia from sinking
Earlier this month results from a study by consultancy firm Verisk Maplecroft deemed densely populated Asia as the most environmentally at-risk area in the world. How badly did the region fare?Well, of the top 100 cities in danger — Jakarta topped the list — 99 ...
UNHCR: No one ever chooses to become a refugee
Refugees, people fleeing air strikes by the Myanmar military, and those who are at risk of political persecution, have been the focus of attention in the months since the Feb 1 coup.This is particularly so in Thailand, which shares a border of over 2,400 kilometres ...
Tapping into the invaluable benefits of climate cooperation
As an ethologist and conservationist, Dr Jane Goodall’s famous words resonate: “You cannot get through a single day without having an impact on the world around you. What you do makes a difference, and you have to decide what kind of difference you want to ...
Bangkok Post Reporter
April export gain likely more than 10%
Thai exports are maintaining healthy growth momentum and likely increased by more than 10% in April, says Commerce Minister Jurin Laksanawisit.Mr Jurin revealed on Friday the country’s exports have passed the low point, with outbound shipments increasing by more than 10% in April from US$18.9 ...
Bangkok Post Reporter
Local startup deals down, funding surges
The number of startup funding deals plunged to 30 in 2020, down from 41 the year before, due to the pandemic as investment focused more on companies in the growth stage, according to tech media Techsauce.However, the total investment in local startups surged to US$364 ...
Suchit Leesa-Nguansuk
Financial system increasingly vulnerable
The Thai financial system has become more vulnerable due to negative shocks from the recent Covid-19 outbreak, says the Bank of Thailand (BoT).The financial situation of Thai households has become more fragile as reflected in the elevated debt-to-income ratio which is higher compared to other ...
Somruedi Banchongduang
