News

World Bank lowers Thailand’s economic outlook to 2.2% [Video]

Due to the COVID-19 crisis, the World Bank has reduced its forecast for Thailand’s economic growth this year to 2.2 percent, while the country’s export sector is expected to grow at 7.3 percent.Keep watching ...

Long-stay visas, EVs to help spur economy

Deputy Prime Minister Supattanapong Punmeechaow is planning to propose to the cabinet a plan to allow rich foreigners to enjoy long-stay visas in Thailand.According to Mr Supattanapong, the Centre for Economic Situation Administration (CESA) approved in principle on June 4 a scheme to offer long-stay ...

Bangkok Post Reporter

iLaw says curbs curtail free speech

The Internet Law Reform Dialogue (iLaw) group has slammed new restrictions issued under the emergency decree to curb the latest wave of Covid-19.On its Facebook page, iLaw targeted Announcement No.27 under the emergency rule which, it said, includes a provision (Restriction No.11) limiting free speech ...

Bangkok Post Reporter

Egat forecasts rise in electricity demand

State-run Electricity Generating Authority of Thailand (Egat) estimates electricity output and imports this year to rise by 1.68% to 195.16 billion kilowatt hour (KWH), from 191.93 billion KWH last year, due to a extended hot season and positive socio-economic factors.Egat governor, Boonyanit Wongrukmit, said the ...

Yuthana Praiwan

Agency warns investors of DeFi risks, legal situation

The Thai Digital Asset Association warned investors about the risks of investing in DeFi and clarified that the association cannot serve as an intermediary in a legal dispute after Genesis, a decentralised platform (DeFi) platform, claimed the association will act as an intermediary for the ...

Bangkok Post Reporter

BoT: Inflation to hover around lower band of target by year-end

The Bank of Thailand said on Tuesday that headline inflation should decline and hover around the lower band of its target range of 1%-3% by the end of the year.A jump in inflation in the second quarter was deemed as temporary due to the low ...

Ministry ready for more mini-FTAs

Thailand aims to clinch deals to form deeper trade partnerships through “mini-FTAs” with Hainan, China and Telangana, India by August after the country on Monday inked a memorandum of understanding (MoU) to form a mini free trade agreement (mini-FTA) with Kofu city in central Japan.Commerce ...

Phusadee Arunmas

Government to tighten restrictions amid record infections, denies “lockdown”

The government will decide this week on extra Covid restriction measures suggested by the Ministry of Health, the Center for COVID-19 Situation Administration (CCSA) said on Thursday, as rates of infection and death reached new highs.“This is not going to be a full lockdown,” said ...

Health Volunteers: A crucial group that help control the virus [Video]

During this difficult time, Health Volunteers have reportedly been playing a major role in helping medical personnel limit the spread of COVID-19.Keep watching ...

Committee cuts GDP forecast to 0-1.5% amid latest outbreak

A private sector council has cut Thailand’s economic growth projection this year to 0-1.5%, mainly due to the prolonged Covid-19 outbreak.The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) decided to slash the country’s gross domestic product (GDP) forecast for this year to 0-1.5% ...

Somruedi Banchongduang

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