Bloomberg

Thailand’s King Maha Vajiralongkorn endorsed a $16 billion borrowing plan to shield Southeast Asia’s second-largest economy from the impact of a raging coronavirus outbreak that’s threatening a nascent recovery and plans to reopen borders to tourists.The government can borrow 500 billion baht ($16 billion) in ...

Thailand will extend a nationwide state of emergency to tackle the coronavirus pandemic for another two months as the deadliest phase of the outbreak to hit the nation so far shows no signs of easing.The Center for Covid-19 Situation Administration, headed by Prime Minister Prayuth ...

Thailand plans to borrow an additional 700 billion baht ($22.3 billion) to fund measures to counter the worst wave of Covid-19 outbreak to hit Southeast Asia’s second-largest economy, people familiar with the matter said.A meeting of the cabinet chaired by Prime Minister Prayuth Chan-Ocha on ...

Southeast Asian countries lose out on as much as $6 billion a year as most of their single-use plastics are thrown out rather than recovered and recycled, the World Bank said in a new study.More than 75% of recyclable plastics in Malaysia, Thailand and the ...

The Bank of Thailand held its benchmark interest rate steady at an all-time low as fiscal measures take the lead in reviving the economy amid a renewed outbreak of Covid-19.The central bank held the policy rate Wednesday at 0.5% in a unanimous decision, after cutting ...

Thailand’s economic conditions are expected to deteriorate further this year as the nation battles a resurgence in the coronavirus, according to a national survey.About 52.2% of the respondents in the study undertaken by Bangkok-based National Institute of Development Administration predict the economy will be even ...

Thailand’s gross domestic product could underperform next year if tourism remains weak, even as this year’s economic performance may beat sharply reduced forecasts, the country’s central bank head said Friday.All reasonable policy options are on the table in such a situation, although there’s currently no ...

Thailand’s economy will shrink this year by less than previously estimated as government support measures alleviate the impact of the coronavirus pandemic, according to the finance ministry.The Southeast Asian nation, which has seen trade and tourism battered by the pandemic, will contract 7.7% in 2020, ...

Thailand is finalizing a plan that would make it possible for retired, sun-seeking Europeans to spend the upcoming winter months in the country in an effort to save its ailing tourism industry.Although the Asian nation’s borders have been closed to most foreigners since late March ...

Thailand has threatened to take legal action over posts made to social media platforms critical of the monarchy as student-led protests calling for greater democracy and curbs to the power of King Maha Vajiralongkorn gather steam across the country.Digital Economy Minister Buddhipongse Punnakanta ordered authorities ...