Bangkok Post
Big stimulus borrowing could spur yield-curve control
Thailand’s 1 trillion baht borrowing programme for economic stimulus could spur central bank steps to keep a lid on bond yields.The government is set to start raising money as early as May, stoking questions about the outlook for bonds. A plausible scenario is that the ...
IMF: Thai GDP down 6.7%
The IMF downgraded the economic forecast for Thailand in 2020 to a contraction of 6.7%, making it the worst performer among its Asean peers if the multinational lender’s projection holds true. The revision is attributed to the economic toll of the coronavirus.Despite this, the IMF ...
Oranan Paweewun
Index at 33-month low point
Business sentiment plunged to a 33-month low in March as the sector worried that the escalating coronavirus outbreak would drag the country’s economy into a deeper contraction than Thailand saw during the 1997 financial crisis.The University of the Thai Chamber of Commerce (UTCC) reported today ...
Phusadee Arunmas
Fishermen struggling as restaurants shuttered worldwide
Just one kilogramme of freshly caught squid a day was almost enough to live on for Thai fishermen like Wisut Boonnak.Now the catch has halved in price and he’s spending more time on village duties.“It’s the biggest price drop that I can remember,” said Mr ...
Covid control measures likely to stay
Disease control measures that restrict everyday life are unlikely to be relaxed, but it will depend on how well people cooperate, a government spokesman said on Thursday.Dr Taweesilp Visanuyothin, spokesman of the government’s Centre for Covid-19 Situation Administration, said on Thursday that the most important ...
Mongkol Bangprapa
Virus pandemic linked to destruction of wildlife and world's ecosystems
Covid-19 is the latest example of how human impact on biodiverse areas and wildlife habitats is linked to the spread of infectious diseases.After the novel coronavirus broke out in Wuhan, China in late December 2019, it didn’t take long for conspiracy theorists to claim it ...
Trillion-baht public-private investment projects planned
Thailand plans public-private partnership (PPP) projects worth 1.09 trillion baht during 2020-2027, the finance ministry said on Wednesday, as the government tries to revive the struggling economy amid the coronavirus pandemic.The 92-project plan includes 18 high-priority infrastructure projects worth 472 billion baht, Prapas Kong-Ied, head ...
Dozens protest B5,000 aid screening criteria
Dozens of people have demanded to meet Finance Minister Uttama Savanayana at the ministry after their applications for the 5,000-baht financial aid were turned down.Some 27 million people registered for the handout — 5,000 baht a month each for at least three months. The ministry ...
Bangkok Post Reporter
UN stands with Thailand for inclusive response
Thailand has shown resiliency in recent weeks as government and civil society comes together in response to the Covid-19 pandemic. It’s clear that solutions and recovery require solidarity and common purpose more than ever. All of the United Nations stands with the people of Thailand ...
Gita Sabharwal
This is not the time to neglect our older generation
Older people face myriad challenges in any society, and Thailand is no exception. Amid the ongoing Covid-19 pandemic, the challenges are even more formidable.Globally, the novel coronavirus has proven all the more dangerous for people with underlying conditions, ranging from diabetes and asthma to cardiac ...
Bangkok Post Reporter