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Economists have urged the government to expand the fiscal deficit to up to 600 billion baht, while more stimulus packages are hopefully on course to counter the impact of the Covid-19 outbreak in Thailand.Secretary to the Council of Economic Ministers, Kobsak Pootrakool, says that the ...

Oil prices dropped due to market uncertainty amid the spreading Covid-19 virus, an energy situation analyst at Thai Oil said today (March 17).Prices dropped as markets were concerned that a global economic recession would emerge again in this dire Covid-19 situation as a number of ...

Ahead of the March 25 Monetary Policy Committee meeting, central bank governor Veerathai Santiprabhob discusses the need to “act early” with previous monetary policy easing and warns the foreign exchange rate will continue to be highly volatile against the backdrop of the Covid-19 outbreak. Keep watching ...

Thailand is preparing to restrict some aspects of daily life after the country’s biggest spike in coronavirus cases, further damaging one of Asia’s weakest economic outlooks.The steps to be considered Monday include placing more curbs on foreign arrivals, cancelling events with big crowds and closing ...

The prospect of the Covid-19 outbreak turning into a “Stage 3” full-blown epidemic in Thailand is deepening worries over the dire shortage of face masks.Though the Commerce Ministry’s Internal Trade Department (ITD) has placed controls on domestic mask manufacturing and distribution to prevent hoarding and ...

Tanarak Plipat, deputy director-general of the Disease Control Department, has recently become a household name because of his daily updates on the Covid-19 outbreak in Thailand.In his briefings, he always stresses the need to maintain personal hygiene as a protection against the novel coronavirus, in ...

Siam Commercial Bank’s Economic Intelligence Centre (EIC) has warned Thailand is on course for a technical recession in the first half of the year as the centre cuts its 2020 GDP forecast for the country to -0.3% from the previous 1.8% due to the increasing ...

The fast-spreading new coronavirus (Covid-19) is posing as many challenges for economies as for public health.According to data on March 13, the total number of infected people worldwide exceeded 120,000, while the World Health Organisation (WHO) has declared the Covid-19 outbreak a global pandemic with ...

A majority of people are concerned about the spread of Covid-19, the disease spread by the novel coronavirus, according to an opinion survey by the National Institute of Development Administration, or Nida Poll.The poll was conducted on March 11-12 on 1,260 people aged 15 and ...

Solar panels will be installed at all 143 prisons throughout the country in a bid to reduce their electricity costs after the Corrections Department was found to have not paid the power bills in full in 2019, Justice Minister Somsak Thepsuthin said on Sunday.According to ...