News
New factory registrations drop in Q3
The Covid-19 pandemic has presented an unpleasant picture for new factory registrations, with a sharp decrease in new factories and facility expansions in the third quarter of 2021, according to the Department of Industrial Works (DIW).From October 2020 to June 2021, factory expansion projects decreased ...
Bangkok Post Reporter
Consumer confidence hits record low
Consumer confidence dropped to a record low in June, dented by the country’s biggest coronavirus outbreak, a slow vaccine rollout and a sluggish economic recovery, a survey showed on Thursday.The consumer index of the University of the Thai Chamber of Commerce fell to 43.1 in ...
Bangkok Post Reporter
Home treatment piloted for mild Covid cases as infections threaten to overwhelm hospitals
The Public Health Ministry is piloting home and community treatment for Covid-19 patients with mild symptoms (green category), as surging cases threaten to overwhelm hospital bed capacity.Bed occupancy has risen by 10,000 within one month and ICU units are treating 400 critically ill Covid-19 patients, ...
The Nation Reporter
Vaccine dispersal key to driving exports
The government is being urged to speed up allocation of Covid-19 vaccines to the manufacturing sector to increase exports, which are the only engine driving the country’s economy.Chaichan Chareonsuk, president of the Thai National Shippers’ Council (TNSC), said the group repeated its call for the ...
FTI urges the state to relocate factories
The Federation of Thai Industries (FTI) has suggested that the government relocate factories out of residential areas, following the plastics factory inferno, to prevent accidents in the future.Some incentives should be offered to factory owners, including a 2% reduction of land tax and a reduction ...
Lamonphet Apisitniran
Economy may miss forecast if virus outbreak prolonged
Thailand’s economy faced significant downside risks and limited policy room should be preserved to be used for the most effective time, the central bank’s minutes of its last meeting showed on Wednesday.A prolonged coronavirus outbreak could cause Southeast Asia’s second-largest economy to underperform the baseline ...
New national shipping firm will not boost Thailand’s competitiveness, warns TCC
The Thai Chamber of Commerce (TCC) is advising the government against setting up a national shipping firm in a bid to boost Thailand’s competitiveness.Phumin Harinsut, TCC’s vice-chairman, said Thailand had established a shipping company in the World War II era which was eventually closed in ...
The Nation Reporter
Exports seen rising more than 7% y/y in Q3
Thailand’s exports are expected to rise more than 7% in the third quarter from a year earlier and 6% in the final quarter of the year, lifted by higher global demand and a weaker baht, the Thai National Shippers’ Council said on Tuesday.Exports could grow ...
BMA urges care in disposal of infectious wastes
The Bangkok Metropolitan Administration (BMA) on Sunday asked citizens to dispose of infectious wastes properly.BMA deputy permanent secretary Chatri Wattanakhejorn said amid the Covid-19 situation, Bangkok generated 11,393 tonnes of infectious wastes, or 63 tonnes per day, between January and June this year.“Of the total, ...
The Nation Reporter
Chemical plant fire near Bangkok continues to burn, 5km evacuation radius still in force
Samut Prakan provincial administration has posted on its Facebook page to confirm that the evacuation zone remains within a 5km radius of the chemical factory, which caught fire early Monday morning.Thailand’s Department of Disaster Prevention and Mitigation (DDPM) also posted on Twitter asking the public ...
