Thai PBS
Fiscal Policy Office cuts policy rate to 1.25% to boost declining economy
The Fiscal Policy Office of the Bank of Thailand voted 5:2 on Tuesday to slash the benchmark policy rate by 25 points to 1.25% with immediate effect in a bid to boost the slowing Thai economy.Fiscal Policy Office secretary, Mr. Tittanan Mallikamat, said today (Wednesday) ...
US agrees to consider Thailand’s request for a review of GSP cuts
The United States has agreed to consider Thailand’s request for a review of the suspension of trade preferences for Thai exports, under the Generalized System of Preferences (GSP) program, in order to mitigate the impacts on the Thai private sector.The US move was conveyed to ...
Thai Government claims GSP move by US unrelated to chemicals ban
Prime Minister Prayut Chan-o-cha became aware of the US plan to suspend US$D1.3 billion in trade preferences for Thailand, under the Generalized System of Preferences program, about a month ago and says the US action is not related to Thailand’s banning of paraquat, glyphosate and ...
NIDA Poll: Thais are worried that the ongoing political conflict will hurt the economy.
Despite the general election, Thais think that the political division still persists and it can threaten overall economic performance and their income, according to latest survey carried out by the National Institute of Development Administration, or NIDA Poll.The survey results showed that a majority of ...
Opportunity from the rise of China
Today, the role of China in the world has dramatically increased in importance, both in terms of the economy and politics, according to a speech given by President Xi Jinping on China National Day. Thai PBS World reporters have participated in a workshop on the ...
Farmers to be asked not to plant second rice crop due to water shortage
Farmers in the Chao Phraya River basin may not be able to plant their second rice crop for the 2019-20 season due to insufficient water to meet the demand.According to the Royal Irrigation Department, only 6 billion cubic metres (m3) of water will be available ...
PM orders immediate action to address haze in Bangkok
Thailand’s Prime Minister Prayut Chan-o-cha has ordered authorities immediately to activate prepared measures to mitigate the haze, which has returned to Bangkok and its suburbs.Expressing concern about the haze, especially the PM2.5 dust particles, the Prime Minister pleaded with construction site operators and industries in ...
Low-income workers will be hard hit by a drop of exports
The falling Thai exports will hurt low-income workers the most as manufacturers are expected to hire less and cut overtime employment, affecting the purchasing power of these grassroot segment.The latest report from Krungsri Research Intelligence said although companies directly affected by a fall in Thai ...
Reservoir in Chachoengsao contaminated with heavy metals
People living around a small reservoir in Khao Hin Sorn district of Thailand’s eastern province of Chachoengsao have been told to stop using water from the reservoir after it was discovered that it is contaminated, beyond safety levels, with heavy metals.Officials of the Royal Irrigation ...
Future of energy: What Thailand can learn from Finland, Denmark
Besides being among the world’s happiest nations, Finland and Denmark have another thing in common: They are both equally ambitious to become the world’s first carbon-free country.Finland’s left-leaning coalition government, which came to power in the elections in April this year, has embarked on a ...
