News
Ministry aims to declare Covid-19 an endemic in four months
The Public Health Ministry aims to relegate the Covid-19 from a pandemic to an endemic in four months, it announced Thursday.Dr Kiartiphum Wongrachit, the ministry’s permanent secretary, said the goal is to make the change in four months.Kiartiphum said he had learned from epidemiologists that ...
The Nation Reporter
B101bn spent on Covid-19 treatments
More than 101 billion baht of the Universal Coverage for Emergency Patients (Ucep) scheme has been spent treating Covid-19 sufferers, mostly with mild symptoms, over the past two years, says the Centre for Covid-19 Situation Administration (CCSA).CCSA spokesman Taweesilp Visanuyothin said Ucep will carry on ...
Bangkok Post Reporter
Economic recovery to be slow amid Covid crisis, global energy prices, rise in product costs: BOT
Thailand’s economy is expected to recover gradually but still faces difficulties due to the Covid-19 crisis, global energy prices and the increasing cost of products and services, the Bank of Thailand (BOT) reported on Wednesday.It said recovery in each economic sector is different, and it ...
The Nation Reporter
Govt urged to cut labour import cost
Businesses have appealed to the Labour Ministry to reduce the expenses involved in importing migrant workers and shore up labour shortages.Labour Minister Suchart Chomklin said so far labour imports via the memorandum of understandings (MoU) signed with neighbouring countries have missed their targets.Many business owners ...
Penchan Charoensuthipan
Economic recovery to continue but still fragile - BoT minutes
Thailand’s economy would continue to recover in 2022, but a rebound would remain fragile and uneven, as an Omicron outbreak puts less pressure on activity than earlier COVID-19 waves, according to minutes of the Bank of Thailand’s (BoT) last policy meeting.While upside inflationary risks had ...
Deep dive into Thailand's EV perks package
The government recently approved an array of incentives, including lower excise tax and import duties on significant auto parts, in a bid to make electric vehicles (EVs) more appealing to both car buyers and manufacturers.What are the incentives for EVs?The incentives recently approved by the ...
Bangkok Post Reporter
NESDC bullish on growth prospects
The National Economic and Social Development Council (NESDC) is maintaining its 2022 forecast for economic growth at 3.5-4.5%, with the state planning unit expecting the government to successfully contain the spread of the Omicron variant without any more restrictions.Thailand’s economic growth in 2022 will also ...
Bangkok Post Reporter
BoT expects uptick in demand for lending
The Bank of Thailand (BoT) expects that the picking up trend of the Thai economy will support economic activities and loan demand this year.Loan demand for 2022 should be in line with economic activity under the economic rebound. Normally the BoT does not forecast loan ...
Bangkok Post Reporter
Recovery lures foreign fund inflows
Thailand’s bullish economic recovery is attracting high volumes of foreign fund inflows into Thai bonds and stocks, pushing the baht to a seven-month high, making it the strongest currency in Asia year-to-date.According to Kasikorn Research Center, the bond market received 127.79 billion worth of net ...
Bangkok Post Reporter
Renewed push to sort, recycle waste
Despite its reputation of being one of the world’s top tourist destinations, litter can literally be seen all over Bangkok.According to the Department of Environment and Bangkok Metropolitan Administration (BMA) figures, the capital produces more than 8,000 tonnes of municipal waste every day.Keep reading ...
Bangkok Post Reporter