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The Thai economy is expected to lose 1.3 trillion baht, almost all of it in the tourist sector, due to the initial impact of the coronavirus pandemic, a banking association said on Tuesday.“But if the outbreak cannot be controlled within the current quarter, the impact ...

As many as ten million workers in Thailand may lose their jobs in the next three months, if the COVID-19 pandemic drags on and if the Government does not provide timely support for businesses, according to Mr. Supant Mongkolsuthee, president of the Federation of Thai ...

Government plans cash handouts to farmers’ families of between Bt15,000 and Bt30,000 a month per family. The figure is yet to be finalised by ministers and the cost is estimated at Bt130 billion to Bt400 billion.The Finance Ministry will propose to the Cabinet to support ...

Thailand’s job losses may reach 10 million if the coronavirus outbreak continues for a few months, a business advisory council said on Monday.The kingdom’s economy is being hit hard by the virus outbreak and is heading into a recession.“We think about 7 million jobs have ...

A majority of people are anxious about the Covid-19 outbreak and are not confident in the government’s handling of the situation, according to an opinion survey carried out by Suan Dusit Rajabhat Univerisity, or Suan Dusit Poll.The poll was conducted online on April 7-10 on ...

One of the effects of the Covid-19 outbreak has been the rise in world food prices. The price of rice, the staple food of most people in Asia, has hit its highest level in seven years.The market reference price of white rice 5 per cent ...

Migrant workers in Malaysia are appealing to the government to help repatriate them after the Southeast Asian country postponed the opening of its border by another two weeks.The workers expected to return to Thailand on Tuesday when Malaysia’s border was scheduled to reopen, but authorities ...

The Labour Ministry will next week ask the cabinet to approve a fresh proposal on financial aid for another group of 800,000 workers affected by the Covid-19 pandemic, according to Labour Minister MR Chatu Mongol Sonakul.He said these workers are not covered by the relief ...

With extensive experience in family businesses, politics and regulation, Korkij Danchaivichit has a strong will to shore up Thailand Post as it weathers fierce competition from other courier services.Mr Korkij started work as chief executive of the postal service on March 2, becoming the first ...

People whose application for the government’s cash handout scheme was rejected during the screening process will be able to submit additional evidence to show that they are affected by Covid-19 situation.Minister of Finance secretary Thanakorn Wangboonkongchan said on Friday that the campaign had already disbursed ...