The Nation

Fisheries body sends SOS to PM, says IUU regulations destroying Thai fishing

The National Fisheries Association of Thailand has urged the government to solve the problem of IUU (Illegal Unreported and Unregulated Fishing) that has been going on for more than six years, and has forced fishermen in 22 provinces to sell more than 2,500 fishing boats.In ...

The Nation Reporter

Central bank issues debt relief measure to slash Thais’ interest burden

The Bank of Thailand on Thursday issued a new debt relief measure aimed at reducing Thais’ interest rate burden from 16-25 per cent to 5.5-8.8 per cent.The debt consolidation measure will allow borrowers to bundle their credit card, personal and mortgage loans into one sum, ...

The Nation Reporter

Businesses urged to delay hiring immigrant labour to avoid Covid-19 danger

The Ministry of Public Health has asked entrepreneurs to delay hiring immigrant workers from areas where Covid-19 is spreading until the situation improves.Dr Sophon Iamsirithaworn, Department of Disease Control director of General Communicable Diseases, said recently that the Myanmar government had announced curfew hours from ...

The Nation Reporter

Thai business ‘must transform faster to avoid digital disruption wave’

Thai companies must speed up their digital transformation to avoid the impact of a wave of disruption within the next five years, warns a new report by Deloitte Thailand.The Covid-19 crisis will accelerate that digital transformation, the report adds.Ninety-one executives from several industries participated in ...

The Nation Reporter

Hotel body demands govt reopen the country to foreigners

The Thai Hotel Association (THA) has demanded that the government reopen the country to foreigners, especially since occupancy in hotels is almost zero, with some small operators being forced to close up.Marisa Sukosol Nunbhakdi, THA chairman, said the government should consider specific countries or cities ...

The Nation Reporter

Medical cannabis industry gears up to drive Thai economy

Medical cannabis will be raised to the status of an economic crop in Thailand and exported across the world, according to a government subcommittee studying the draft law on cultivation of cannabis and Thai hemp.The subcommittee said Thai farmers should also have access to both ...

The Nation Reporter

SSO joins banks in providing low-interest loans to small businesses

The Social Security Office (SSO) is cooperating with financial institutions to earmark Bt30 billion to provide low-interest loans to small businesses so they can continue employing their workforce, Labour Minister Suchart Chomklin said on Tuesday (August 18).He explained that the government prioritised economic recovery under ...

The Nation Reporter

Govt creates over 90,000 jobs to deal with unemployment caused by pandemic

The Department of Employment has created over 90,000 jobs to boost the economy in the aftermath of the Covid-19 outbreak.Minister of Labour Suchart Chomklin said that he had ordered the department to prepare vacant positions both at home and overseas for those who are unemployed ...

The Nation Reporter

Trade department to push for RCEP signing in October

The Department of Trade Negotiations will urge the Cabinet in October to consider signing the Regional Comprehensive Economic Partnership (RCEP) pact, the department’s director general Auramon Supthaweethum said.She added that the vetting of all 20 chapters of the accord had been completed and that it ...

The Nation Reporter

No plans to open Thai skies yet: Aviation authority

The Civil Aviation Authority of Thailand (CAAT) has yet to consider allowing international commercial flights to enter Thailand but was monitoring the improving Covid-19 situation in many countries, said director-general Chula Sukmanop.It will need to consult with the Centre for Covid-19 Situation Administration (CCSA) before ...

The Nation Reporter

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