News

The Bank of Thailand has moved forward measures, originally meant to begin early 2021, but most of which will now take effect from end of this month. The end result is that the new rules will make it easier for Thais to shuffle money overseas ...

The Tourism Authority of Thailand (TAT) will next year launch campaigns and special travel packages that target a new, unique group of tourists.Thapanee Kiatphaibool, TAT executive director of tourism products, said the aim was to create travel packages for single people, such as boat trips ...

The government has set a target to disburse at least 70% of the 400-billion-baht budget scheduled for social and economic rehabilitation in fiscal 2021.Danucha Pichayanan, secretary-general to the National Economic and Social Development Council (NESDC), said by the end of September next year (the final ...

The row over a plan to purchase land from a community behind the old Mor Chit Bus Terminal to build an elevated road as part of a “smart city” project around the mass transit station has raised questions about the way the state spends taxpayer ...

Kasikornbank predicted the baht would move between 30 to 30.40 per US dollar next week, with several factors requiring monitoring by investors.The bank said that the political situation in Thailand, as well as export data for October to be announced in the near future, would ...

At a glance, the opening of the Centre for Air Pollution Mitigation (CAPM), which is tasked with reducing levels of the toxic PM2.5 fine dust, seemed like a promising sign.The centre is to serve as a focal point for getting ministries and agencies on the ...

The Bank of Thailand has been studying a warehousing concept that allows commercial banks to sell commercial loans parked in funds of asset management companies at prices acceptable to both the creditor and borrower.Given the difficulties amid the Covid-19 crisis, some businesses have had to ...

The Bank of Thailand stands ready to implement additional measures to manage the strengthening baht under a targeted policy, on both a short-term and long-term basis.The central bank’s Monetary Policy Committee (MPC) has expressed concerns over the rapid appreciation of the baht as this affects ...

A civic land rights group has expressed concern for the welfare of poorer farmers after a law change to allow commercial development on previously protected Sor Por Kor land was given the green light by agriculture chiefs.“The Agricultural Land Reform Office’s revamped rules allow businessmen, ...

The government is speeding up the process to enable parliament to approve its signing of the Regional Comprehensive Economic Partnership (RCEP) trade pact, potentially the word’s biggest free trade deal, by February 2021 to pave the way for full ratification within 2021, says Commerce Minister ...