The Nation

Thai economy hit by China’s zero-Covid policy, import restrictions: NESDC

China’s zero-Covid policy, agricultural import restrictions, and shift away from global dependence will hit Thailand’s economy, warned a government agency on Sunday.The National Economic and Social Development Council (NESDC) said it was monitoring China closely after the country imposed Covid-19 lockdown measures on Shanghai and ...

The Nation Reporter

Thailand raises age of legal immunity from 10 to 12 years old

Thailand has raised the age of criminal responsibility to 12 years old unconditionally and to 15 years with conditions, under a legal amendment that took effect on Sunday.The 29th amendment to the Criminal Code replaces Section 73 and states: “Children under the age of 12 ...

The Nation Reporter

PM orders govt to cut power use by 20% as fuel crisis deepens

Prime Minister Gen Prayut Chan-o-cha has ordered all government agencies to reduce their energy usage by 20 per cent as Thailand struggles with the fuel price crisis.Prayut said the Energy Ministry had proposed several measures to reduce energy usage, government spokesman Thanakorn Wangboonkongchana said on ...

The Nation Reporter

Ministry confirms revising criteria for administering Covid booster dose

The Ministry of Public Health recently confirmed it had changed the formula for administering booster doses of the Covid-19 booster vaccines.There have been discussions on social media on whether the ministry had actually changed the formula. The Anti-Fake News Centre Thailand investigated this issue on ...

The Nation Reporter

BOT predicts inflation fallout from Russia-Ukraine war

The Bank of Thailand (BOT) expects Russian banks’ removal from the Swift international transaction system to trigger a rise in inflation, volatility of the baht against the dollar and limited impacts on Thai trade and investment in Russia.“However, Thailand’s financial stability is still in good ...

The Nation Reporter

Justice Ministry helps restructure household debts amounting to Bt921.6 million

The Justice Ministry has helped 4,130 people settle debts of Bt921.65 million at the first “Festival for household debt settlement”, held at the Bangkok International Trade & Exhibition Centre on Friday and Saturday.Justice Minister Somsak Thepsuthin said on Monday that the event was a “success”.Somsak ...

The Nation Reporter

Govt agencies make moves to tackle oversupply of fruit, slump in prices

The government and private agencies are taking steps to manage fruit harvests from March onwards in a bid to tackle oversupply and dropping prices.Chantanon Wannakhajorn, secretary-general of the Office of Agricultural Economics, said the agency’s teams have devised management plans by surveying farmers, exporters, cooperatives, ...

The Nation Reporter

Ministry aims to declare Covid-19 an endemic in four months

The Public Health Ministry aims to relegate the Covid-19 from a pandemic to an endemic in four months, it announced Thursday.Dr Kiartiphum Wongrachit, the ministry’s permanent secretary, said the goal is to make the change in four months.Kiartiphum said he had learned from epidemiologists that ...

The Nation Reporter

Economic recovery to be slow amid Covid crisis, global energy prices, rise in product costs: BOT

Thailand’s economy is expected to recover gradually but still faces difficulties due to the Covid-19 crisis, global energy prices and the increasing cost of products and services, the Bank of Thailand (BOT) reported on Wednesday.It said recovery in each economic sector is different, and it ...

The Nation Reporter

Thai GDP exceeds expectations with 1.9% rise in 2021 Q4

Thailand’s economy performed better than expected in the fourth quarter of 2021, expanding 1.9 per cent year on year, according to official figures on Monday.Reuters had forecast a 1.4 per cent expansion from October to December.Meanwhile gross domestic product (GDP) for the whole year rose ...

The Nation Reporter

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