Budget of THB1.2bn approved for training to boost household income

The Cabinet on Tuesday approved a budget of 1.249 billion baht to train people in part-time occupations to help them through economic hardship.The budget will fund three-month courses to equip people with skills such as hairdressing, packaging design, auto repair, air conditioner repair, sewing, and ...

The Nation Reporter

Global issues and inflation put a damper on Thai economic recovery

The Thai economy is entering a “parallel universe” marked by deglobalisation, geopolitical conflict, high inflation, and rising interest rates, KKP Research said on Wednesday.KKP Research chief economist Pipat Luengnaruemitchai said these factors are a challenge to the global and Thai economies both in the short ...

The Nation Reporter

Global economy to hit Thai tourism

The Tourism Authority of Thailand (TAT) forecasts revenue of 1.2-2.38 trillion baht next year, according to its new 2023 strategy, but this is likely to be challenged by global inflation and rising interest rates, with spending already taking a hit.TAT governor Yuthasak Supasorn said the ...

Bangkok Post Reporter

Jabs 'saved half a million people'

A research team from Mahidol University has estimated that the government’s Covid-19 vaccination campaign over the past two years prevented nearly 490,000 deaths.The team based their work on a mathematic modelling carried out by the MRC Centre for Global Infectious Disease Analysis in 185 countries ...

Apinya Wipatayotin

Thailand’s rich freshwater biodiversity under threat

The Thai government has taken efforts to tackle climate change by building a large number of water retention projects. But they could threaten the country’s freshwater biodiversity unless new sustainable solutions are taken into consideration.In a remote forest in Thailand’s western Ratchaburi province, a team ...

Pratch Rujivanarom

Collaboration for the climate

A commitment to cooperation between countries in Southeast Asia remains the key to tackling climate change as its impact continues to take a greater toll on the region’s economy and people, say experts.The mutually beneficial results of such a commitment are clear, one of them ...

Bangkok Post Reporter

BoT can't afford to hold interest rates

Like all countries in the world, the Bank of Thailand (and Monetary Policy Committee, or MPC) believes they can run monetary policy independently based on local economic conditions.That belief is hard to fathom in today’s liquid international capital market where money can move from one ...

Bangkok Post Reporter

SMEs call for suspension of planned fuel tariff increase

The Federation of Thai SMEs is asking the government to delay an increase in the fuel tariff (Ft) scheduled for September as they struggle to stay afloat amid mounting economic problems.The Ft, which is determined by fuel costs, is expected to rise as the Russia-Ukraine ...

Bangkok Post Reporter

Thailand in top 10 for expats

Thailand has moved into the top 10 among the best countries for expatriates, rising to 8th place from 14th last year in the Expat Insider 2022 survey by InterNations.The world’s largest expat community with more than 4 million members, Berlin-based InterNations surveyed expat life in ...

Bangkok Post Reporter

Thailand calls for businesses’ cooperation to stabilise product prices

The Thai Commerce Ministry has called for continued cooperation from manufacturers to maintain product prices as long as possible in order to curb the negative impact on consumers.This move came after manufacturers proposed to increase the prices of their products to cope with higher production ...

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