News
Thailand's heat index reaches danger levels
Temperatures are rising as the hot season settles in and health authorities are warning people to stay out of the sun if possible with the heat index having already hit the orange “dangerous to health” level.The heat index for March 5-14 showed temperatures of 42-51.9ºC ...
Bangkok Post Reporter
Thai household debt stablising, measures planned to ease credit, minister says
Thailand’s household debt and non-performing loans have stabilised after economic growth gained pace towards the end of last year, its finance minister said on Friday, pledging more measures to help boost credit access. Thailand’s had a household debt-to-GDP ratio of 89.6 per cent at the end ...
Thai consumer confidence falls for first time in 5 months amid economic uncertainty
Thailand’s consumer confidence fell for the first time in five months over uncertainty from US trade policies, higher living costs and the slow recovery of the domestic economy, a survey showed on Thursday.The consumer index of the University of the Thai Chamber of Commerce fell ...
Bangkok Post Reporter
Thailand turns to mangrove carbon credits despite scepticism
The country aims to bring thousands of hectares of mature mangroves into its new carbon market, but local communities are concerned about the consequences.Watchara Kumpai, 68, spends most of his time in boots, stomping through coastal mangrove forests in southern Thailand.He used to work in the ...
Thailand’s renewable energy plan boosts battery storage systems
Electric vehicles (EVs) are widely known for their battery power but batteries are also crucial for buildings, factories, and power plants using renewable energy. They provide lighting, support daily operations, and serve as backup electricity sources.Battery energy storage systems (BESS) are essential for buildings and renewable power generation facilities ...
Flooding in 19 provinces
Flooding persists in 19 provinces in the North, the Northeast, Central Plains and the South, affecting more than 66,000 households.The Department of Disaster Prevention and Mitigation on Tuesday reported there were still floods in Chiang Rai, Chiang Mai, Lamphun, Lampang, Tak, Phitsanulok, Nakhon Sawan and Sukhothai ...
Unemployment hits 9-month high
The unemployment rate in Thailand has reached a nine-month high of about 2% of registered workers, as the country struggles to deal with slow economic growth and more factory shutdowns, according to the Employers’ Confederation of Thai Trade and Industry (EconThai).The group’s calculation is based ...
Bangkok Post Reporter
Thai Central Bank Unveils Measures to Tackle High Household Debt
Thailand’s central bank announced a slew of relief measures for borrowers struggling to repay home loans and credit card dues, stepping up efforts to tackle the highest household indebtedness in Southeast Asia.The minimum repayment rate of 8% for credit-card users, which the central bank earlier ...
Thomas Kutty Abraham
Thailand's most important economic goal
Any relatively new finance minister, such as Pichai Chunhavajira, comes into office facing a crowded agenda: Maintain good relations with the central bank, ensure strong revenue collections and pursue fiscally responsible policies, manage customs and excise. Keep an eye on inflation, which reached 1.54% in ...
Thailand bets on B500bn cash handout to revive economy
The government expects the rollout of a long-delayed cash handout to most adult citizens to help reverse a slump in economic activity and tackle the highest household debt in Southeast Asia. The distribution of 10,000 baht each to all Thais 16 years and older under a ...