Bangkok Post
Industries sentiment hits 8 month low on virus return
Thailand’s industries sentiment in April hit its lowest in eight months in the wake of the country’s worst coronavirus outbreak, and the government should borrow 1 trillion baht more to support the economy, the Federation of Thai Industries (FTI) said on Monday.The FTI said its ...
Bank of Thailand leaves rate at record low, warns of Covid risk
The central bank left its key interest rate unchanged at a record low of 0.50% on Wednesday, as expected, preserving its limited ammunition as the economy struggles with a third wave of coronavirus infections.The latest outbreak has slowed domestic activity for the tourism-reliant economy at ...
Controversial law on personal data again postponed, for another year
The cabinet has approved the deferral of the full enforcement of the Personal Data Protection Act (PDPA) slated for this June by another year, with the explanation the country is facing a difficult time with the pandemic and the legislation’s related processes have yet to ...
Suchit Leesa-Nguansuk
Analyst urges local vaccine output
It will take Thailand two years to reach herd immunity for Covid-19 at the current rate of vaccination, but if local vaccine production plans ramp up and vaccination rates increase, hope remains for a quicker timeline, according to a report by Deutsche Bank.As of April ...
Bangkok Post Reporter
Companies depositing less with banks
Liquidity in the domestic banking sector has been declining due to higher deposit withdrawals from business operators attempting to cope with the impact of the prolonged pandemic.According to Kasikorn Research Center (K-Research), outstanding deposits at 19 registered commercial banks in the first quarter of 2021 ...
Somruedi Banchongduang
Ransomware targeting Asean SMEs drops
The global cybersecurity company Kaspersky has reported a significant decrease in the number of ransomware attempts it detected and foiled last year among small and medium enterprise (SME) users in Southeast Asia.The company monitored 804,513 ransomware events in 2020, down 58% from the 2019 total ...
Regulator expected to extend subsidy on electricity bills
Energy authorities are preparing to extend the power discount period for households and businesses to reduce monthly expenses during the third wave due to work-from-home orders.The Energy Regulatory Commission (ERC) earlier this year approved a discounted electricity tariff from February to March as part of ...
Yuthana Praiwan
Private sector seeks govt deal
About 2,000 companies have expressed an intent to buy Covid-19 vaccines from the government for their 900,000-strong workforce, according to the Thai Chamber of Commerce (TCC).Sanan Angubolkul, the chamber’s chairman, said the companies all wish to shoulder the costs of the jabs for their employees.“They ...
Phusadee Arunmas
Evaluating response initiatives
Less than a month after the second wave of the pandemic subsided, Thailand faced a tsunami of Covid-19 infections in April and early May, posing a threat to economic stability.While countries with high inoculation rates such as the US have moved past rigid measures, the ...
Bangkok Post Reporter
State hurries GI registration
Thailand is speeding up registration of geographical indication (GI) products in four countries to prevent foreign sellers from claiming they make the products and helping to increase Thai exports during the pandemic this year.GI is a certificate indicating goods with unique characteristics come from certain ...
Phusadee Arunmas
