Lifestyle, virus push e-money trend

Electronic money (e-money) has grown in terms of spending and top-up value, driven by consumers’ financial behaviour in the digital age and social distancing amid the pandemic.According to the Bank of Thailand, e-money spending value has continued to increase for the past five years.Keep reading ...

Somruedi Banchongduang

IMF boosts global growth forecast, warns of diverging rebound

The International Monetary Fund upgraded its global economic growth forecast for the second time in three months, while warning about widening inequality and a divergence between advanced and lesser-developed economies.The global economy will expand 6% this year, up from the 5.5% pace estimated in January, ...

BoT minutes: Spike in long-term govt bonds had limited impact on economy

The Bank of Thailand felt that a spike in long-term government bond yields had only a limited impact on the economy when it decided to keep its key rate at a record low last month, meeting minutes showed on Wednesday.Long-term Thai bond yields moved in ...

PM slammed over clean air bill decision

The main opposition Pheu Thai Party has accused Prime Minister Prayut Chan-o-cha of preventing MPs discussing a clean air bill in parliament by having it declared finance-related legislation.Wattanarak Amnansoradet, chairman of Pheu Thai’s environment and natural resources committee, said it was a pity that Gen ...

Bangkok Post Reporter

Report attributes 32,000 premature deaths in Thailand to air pollution

According to the State of Global Air 2020 Report, around 32,000 premature deaths in Thailand, back in 2019, have been attributed to air pollution. The report cites the PM2.5 pollution particles as the main culprit as particles in that size range are the most likely ...

PM orders government sector to create online data platform accessible by public

The Prime Minister has ordered government agencies to create an online platform, collecting government’s missions, services and other works that are beneficial and can be accessed by citizens.Government Deputy Spokesperson Traisulee Traisaranakul revealed that Prime Minister General Prayut Chan-O-Cha has ordered all sectors of the ...

NNT Reporter

Most People Support Government’s Travel Incentive Measures

A survey by Suan Dusit Rajabhat University, or Suan Dusit Poll has found that a majority of people agree with the government’s measures to stimulate domestic travel and the economy.According to the poll conducted online on March 29-April 1 on 1,265 people throughout the country, ...

NNT Reporter

Government to maintain VAT rate at 7 per cent

The government has no plan to hike the value-added tax (VAT) in order to achieve the gross domestic product growth target this year of 4 per cent, a senior official said.Anucha Buraphachaisri, spokesman for the Prime Minister’s Office, said that Thailand had set the VAT ...

The Nation Reporter

Welcome to 'year of fact-checking'

More than 30,000 people have joined Collaborative Fact Checking (Cofact) Thailand to combat fake news during the Covid-19 pandemic.The Thai Health Promotion Foundation (ThaiHealth), Cofact Thailand, the International Fact Checking Network and other anti-fake news organisations yesterday held a seminar to mark International Fact-Checking Day ...

BoT gearing up for digital currency tests

The Bank of Thailand says it will begin testing use of its retail digital currency for the general public in the second quarter of next year before fully implementing it over the next three to five years.The retail central bank digital currency (retail CBDC) is ...

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