News

Thailand’s agricultural product exports grew 17 per cent last year despite the Covid-19 pandemic, the Office of Agricultural Economics said.Chanthanon Wankhajorn, secretary-general of the Office of Agricultural Economics, said exports of Thai agricultural products from January to December last year were valued at Bt1.3 trillion, ...

With most of the government’s debt portfolio dominated by long-term bonds with fixed interest rates, there is less risk from the trend of rising interest rates globally, according to the Public Debt Management Office (PDMO).PDMO director-general Patricia Mongkhonvanit admitted rising interest rates globally could eventually ...

The government is set to approve a sharp rise in the minimum wage from Bt336 to a flat rate of Bt492, according to a source with knowledge of the matter.Coming just two years after the previous raise, the expected hike would mainly benefit labourers. However, ...

The Transport Ministry has pledged to speed up 36 mega-infrastructure projects with investments worth 1.98 trillion baht to stimulate economic development this year.Transport Minister Saksayam Chidchob said the projects, some of which have yet to be approved, are expected to upgrade the country’s logistics and ...

Siam Commercial Bank (SCB) has prepared long-term debt restructuring for customers to help them survive the prolonged Covid-19 pandemic, in line with the central bank’s requirement.SCB expects applicants for debt relief measures in 2022 to have 500 billion baht in debt outstanding, up from the ...

Thailand’s outbreak of the Omicron coronavirus variant could have a larger and more prolonged impact than expected on an economic recovery, according to minutes of the central bank’s last policy meeting released on Wednesday.Although, under the baseline scenario, the Omicron outbreak would not derail the ...

Thailand has officially entered its fifth wave of Covid-19 infections with record daily cases predicted, according to experts. Department of Medical Services chief Dr Somsak Ankasil announced the epidemic’s new phase on Wednesday after talks with the National Institute of Development Administration (NIDA).The Department of ...

After 2020 marked the onset and early waves of Covid-19, last year saw the full-scale impact of the pandemic crisis and the aviation industry remained one of its biggest casualties.Although some airlines were more impervious to the crisis than others, most would agree last year ...

The number of Omicron cases in Thailand passed the 1,000 mark on New Year’s Day as expected, the Department of Medical Sciences said on Sunday.The department’s director-general Dr Supakit Sirilak said that from November 1 to January 1, the number of Omicron cases in Thailand ...

The government has set its sights on hastening the economic recovery and marking 2022 as the year of tackling household debt, said Prime Minister Prayut Chan-o-cha in his New Year message.In a Facebook post, Gen Prayut said the country has been beset by problems stemming ...