News

Liquidity in the domestic banking sector has been declining due to higher deposit withdrawals from business operators attempting to cope with the impact of the prolonged pandemic.According to Kasikorn Research Center (K-Research), outstanding deposits at 19 registered commercial banks in the first quarter of 2021 ...

The global cybersecurity company Kaspersky has reported a significant decrease in the number of ransomware attempts it detected and foiled last year among small and medium enterprise (SME) users in Southeast Asia.The company monitored 804,513 ransomware events in 2020, down 58% from the 2019 total ...

Thailand launched a campaign on Tuesday to vaccinate 50,000 people living in a crowded river-side district of the capital Bangkok, as the country tries to contain a third wave of coronavirus infections.Authorities aim to vaccinate about 70% of people in Khlong Toei, an area that ...

Energy authorities are preparing to extend the power discount period for households and businesses to reduce monthly expenses during the third wave due to work-from-home orders.The Energy Regulatory Commission (ERC) earlier this year approved a discounted electricity tariff from February to March as part of ...

About 2,000 companies have expressed an intent to buy Covid-19 vaccines from the government for their 900,000-strong workforce, according to the Thai Chamber of Commerce (TCC).Sanan Angubolkul, the chamber’s chairman, said the companies all wish to shoulder the costs of the jabs for their employees.“They ...

Less than a month after the second wave of the pandemic subsided, Thailand faced a tsunami of Covid-19 infections in April and early May, posing a threat to economic stability.While countries with high inoculation rates such as the US have moved past rigid measures, the ...

Thailand is speeding up registration of geographical indication (GI) products in four countries to prevent foreign sellers from claiming they make the products and helping to increase Thai exports during the pandemic this year.GI is a certificate indicating goods with unique characteristics come from certain ...

The government is considering new relief packages for both individuals and businesses as a part of a new economic stimulus package, against the backdrop of Thailand’s third wave of Covid-19 outbreak.Prime Minister Prayut Chan-o-cha has instructed all economic agencies concerned, including the Finance Ministry and ...

The Industrial Estate Authority of Thailand (IEAT) has set up two relief funds in a bid to calm fishermen demanding compensation for the environmental impact caused by land reclamation under IEAT’s third phase of the Map Ta Phut deep-sea port project in Rayong.The authority also ...

The pandemic has reinforced the need for resilient national Occupational Safety and Health (OSH) systems to be put in place. To mark Safe Day 2021, ILO’s assistant director-general and regional director for Asia-Pacific, Chihoko Asada-Miyakawa, explains what they are and what needs to be done.Workplaces ...