Bangkok Post
Workers seek pension relief
Cash-strapped workers staged a May Day rally at the Labour Ministry yesterday demanding the Social Security Office (SSO) release 30% of contributions they have made to a pension fund as they desperately need the money.They said they want the money released immediately as many of ...
Bangkok Post Reporter
A crisis for workers
Venue closure, curfew and state policies enforced to contain the spread of Covid-19 are affecting the labour force severely. Workers experience the impact in different magnitudes, with some getting less pay and seeing their working hours reduced. Others manage to work from home. Some lose ...
Melalin Mahavongtrakul
BoT outlines possible recovery paths
The economy is likely to stage a V- or U-shaped recovery, while a W-shaped rebound is not far-fetched if a second wave of coronavirus occurs, says a senior official at the central bank.The V- or U-shaped recovery mainly depends on foreign tourist arrivals and the ...
Somruedi Banchongduang
Exodus sparks new virus transmission fears
The Centre for Covid-19 Situation Administration (CCSA) is concerned about the possibility of increased virus transmission as many head to their home provinces for the long weekend.Traffic police media outlets and other social media showed heavy traffic on Friday, the start of a four-day holiday ...
Bangkok Post Reporter
Student loans boost as crisis bites
More parents will be allowed to seek loans from the Finance Ministry’s Student Loan Fund (SLF) as it boosts loan finance and eligibility criteria following the impact of Covid-19 on household incomes.Some funding criteria will be adjusted to cover more borrowers and each student will ...
Bangkok Post Reporter
Central bank paints grim economic picture
The economy contracted at an accelerated pace in March due to Covid-19 measures, with sharp drops reported in almost all areas, according to the Bank of Thailand.Inflation fell into negative territory for the first time since June 2017, said Don Nakornthab, senior director of the ...
Bangkok Post Reporter
Cabinet gives green light to food processing plan
The cabinet on Tuesday approved an action plan for food processing industry development for 2019-27 and a supporting budget of 6.6 billion baht.According to Rachada Dhanadirek, the government spokeswoman, the action plan aims to upgrade Thailand to become a hub of processed food in Asean ...
Bangkok Post Reporter
Govt sees GDP, investment boost if joins CPTPP trade pact
Thailand could expect a boost to its economic growth, investment and exports to help offset the negative impact of the new coronavirus pandemic if it participates in an Asia-Pacific trade agreement, the commerce ministry said on Monday.The country has before said it aimed to seek ...
Asean urged to ramp up migrant screening
Diplomatic and economic experts are calling on countries in the region to step up the screening of migrant workers in the future to prevent the transmission of diseases like Covid-19.Former foreign minister Kasit Piromya on Friday said the government must now increase migrant screening measures ...
Bangkok Post Reporter
SRT invests in Big Data in bid to boost rehab efforts
The State Railway of Thailand (SRT) is spending at least 300 million baht to hire a consulting firm to digitialise and create Big Data for its 200,000-plus rai in property holdings nationwide.Worawut Mala, deputy governor overseeing asset management, said on Friday that the SRT had ...
Bangkok Post Reporter
