Bangkok Post

Fuel consumption dives 12.5% in 2020

Fuel consumption in Thailand contracted by 12.5% last year because of strict state measures to prevent the spread of Covid-19, including a lockdown order, according to the Department of Energy Business (DOEB).The government did not enforce a nationwide lockdown for the fresh outbreak starting last ...

Yuthana Praiwan

Eligibility extension under consideration

People registered in the social security system are in the pipeline to be eligible to receive the 7,000-baht money transfer under the Rao Chana (We Win) scheme, says Finance Minister Arkhom Termpittayapaisith.Some of the 11 million employees, who are covered under Section 33 of the ...

Wichit Chantanusornsiri

Exports seen up 3-4% this year, but strong baht weighs -shippers

Thailand’s exports are expected to grow by 3% to 4% this year as the global economy recovers, but a stubbornly strong baht currency remains a worry, the shippers’ council said on Tuesday.Exports, a key driver of growth, could perform better than expected on vaccine developments ...

Investor confidence improves but new Covid wave drags

Investor confidence in Thai financial markets over the next three months has improved slightly on optimism over vaccines and capital inflows, but has been capped by a new wave of coronavirus cases, a capital market association said on Tuesday.A survey in January by the Thai ...

Govt targets B300 bn investments in eastern corridor this year

The government aims to boost investment in the country’s industrial east this year by 44% to around 300 billion baht, a deputy prime minister said on Monday, after a 45% drop last year due to the impact of the coronavirus pandemic.The amount would be a ...

Digital savings products gain traction

Saving for a rainy day is an ideal approach in times of great uncertainty. Although the prolonged low interest rate environment tends to make people hesitate about embarking on a traditional savings plan, digital savings products are a secure and wise choice to make your ...

Somruedi Banchongduang

Covid-19 vaccines to be distributed in 3 phases

Thailand’s vaccination programme will be divided into three phases, with priority given to healthcare workers, the elderly and the seriously ill, government spokesman Anucha Burapachaisri said on Sunday.The vaccines will be administered by the national vaccine committee and the Public Health Ministry will closely monitor ...

Mongkol Bangprapa

Beyond the balance sheet

Thai companies that act on environmental, social and governance (ESG) issues are more likely to attract foreign direct investment (FDI), according to PwC Thailand.While ESG is not yet a make-or-break issue for Thai investors, companies need to integrate ESG factors into their corporate strategy if ...

Tourism chiefs urge vaccine prioritisation

Tourism operators would like the government to prioritise vaccinations for people in major tourism destinations in the second phase, which is scheduled from May to December, in the hopes of restarting tourism.Vichit Prakobgosol, president of the Association of Thai Travel Agents, said most locals at ...

Dusida Worrachaddejchai

Export recovery poised to continue, says BoT

Exports are expected to continue improving, following the return to growth in December, the first uptick in 10 months, supported by higher demand from trading partners and better global trade sentiment, says the Bank of Thailand.In December, the value of merchandise exports grew by 4.6% ...

Somruedi Banchongduang

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