News
More stimulus measures in store to drive spending
The government looks set to introduce fresh stimulus measures, particularly aiming to spur spending by middle- and high-income earners and boost private investment.Deputy Prime Minister Supattanapong Punmeechaow said the new measures will be based on the co-payment principle and include the features of the Taste-Shop-Spend ...
Bangkok Post Reporter
BOT expects strong economic rebound in Q2 2021 [Video]
The Bank of Thailand (BoT) has said that the country’s limited reopening for international visitors will not significantly help the Thai economy recover much this year, although positive signs are seen from increased domestic spending, with a strong recovery expected in the second quarter next ...
Thailand Greenlights $400MN Spending Hike for Sino-Built High-Speed Rail Project
Thailand’s cabinet on Tuesday authorized a 12 billion baht-budget increase (nearly U.S. $400 million) for a high-speed railway being built by Chinese state firms between northeastern Nakhon Ratchasima province and the capital Bangkok, a government spokeswoman said.The additional money was needed for technical changes to ...
Deal struck to reduce plastics use
The Ministry of Natural Resources and Environment (MNRE) is collaborating with food delivery service providers to reduce the use of single-use plastics.The two sides signed an agreement on Wednesday aimed at cutting down on discarded single-use plastic items.Keep reading ...
Apinya Wipatayotin
Govt’s struggle to deploy fiscal spending weighs on outlook
Fiscal policy is back in focus in Thailand as the central bank runs out of conventional monetary policy space to spur the economy.With interest rates near zero, the Bank of Thailand (BoT) last week called for “more targeted and timely” government policies to support the ...
Cabinet approves B1.5tn borrowing next year
The government will borrow 1.5 trillion baht next year to counter the economic impact from the coronavirus pandemic amid dwindling state revenue.A cabinet meeting chaired by Prime Minister Prayut Chan-o-cha on Tuesday approved borrowing of 1.47 trillion baht in the fiscal year starting Oct 1, ...
Thailand to slowly restart tourism with flight from China
Thailand will receive its first foreign vacationers when a flight from China arrives next week, marking the gradual restart of a vital tourism sector battered by coronavirus travel curbs, a senior official said on Tuesday.The first flight will have about 120 tourists from Guangzhou, flying ...
Emergency decree extension, new visas approved
The government will extend the state of emergency through October and approve special tourist visas starting next month after a six-month gap, say ministers.The Centre for Covid-19 Situation Administration chaired by Prime Minister Prayut Chan-o-cha on Monday approved the extension through Oct 31, according to ...
Bangkok Post Reporter
What next for tourism sector?
With the deadline for the estimated 150,000 stranded foreign tourists in the kingdom to renew their visas having passed yesterday, it remains to be seen how many will continue to stay in the country either legally, having extended their right to stay, or illegally, facing ...
Five-year National Rice Strategy aims to make Thailand 'world leader'
The five-year Thai Rice Strategy for the period 2020-24 is ready, Jurin Laksanawisit, deputy prime minister and the minister of commerce, said.The strategy prepared by a subcommittee will be proposed to a meeting of the National Rice Policy and Management Committee (NRPMC) before seeking approval ...
The Nation Reporter