Bangkok Post

Tak closes crossing after Covid test find

The northern province of Tak on Saturday sealed its border shared with Myanmar’s Myawaddy after three more Myanmar nationals in Mae Sot border district tested positive for the new coronavirus that causes Covid-19.That prompted the Myanmar town to close its immigration checkpoint on the opposite ...

Bangkok Post Reporter

Finance Ministry prepares tax adjustments to lure FDI

The Finance Ministry is preparing to adjust the tax structure to incentivise foreign investors in preparation for a full reopening of the economy.One of the planned measures to stimulate the economy is adjusting the tax structure as a short-term boost for individuals and the private ...

Wichit Chantanusornsiri

BoT prolongs debt moratorium for SMEs

The Bank of Thailand has extended the debt moratorium period to next June for small and medium-sized enterprises (SMEs) with a credit line below 100 million baht and difficulty in servicing existing debts.The extension period will end on June 30, 2021. The extension will only ...

Bangkok Post Reporter

Thailand warms to China's ventures

The Chinese government is ready to enable an expansion of investments in Thailand and connect its Guangdong-Hong Kong-Macau Greater Bay Area (GBA) with the Thai government’s flagship Eastern Economic Corridor (EEC), Chinese Foreign Minister Wang Yi pledged on Thursday.Keep reading ...

Mongkol Bangprapa

BoT will not extend debt moratorium, plans targeted measures

The Bank of Thailand will not extend a broad-based debt moratorium but will introduce targeted measures to help debtors affected by the coronavirus pandemic, a BoT assistant governor said on Friday.Southeast Asia’s second-largest economy posted its deepest contraction in over two decades in the second ...

Standard EV charging system in the offing

The state and private sectors will start integrating different charging systems for electric vehicles (EVs) into a single standard as part of a trial early next year to make facilities more widely available to EV motorists.Up to 80 charging outlets have been built since 2016 ...

Yuthana Praiwan

Govt floats new plan for land bridge

The government is considering the idea of a land bridge project connecting the Andaman Sea and the Gulf of Thailand via Ranong and Chumphon provinces.Deputy government spokeswoman Traisuree Taisaranakul on Sunday told a press briefing that Prime Minister Prayut Chan-o-cha wants to improve infrastructure to ...

Bangkok Post Reporter

Checks ramped up in Mae Sot

Thailand has tightened security at the main border trade gateway with Myanmar in Tak’s Mae Sot district after three Myanmar nationals tested positive for the coronavirus at the Thai border.Tak’s deputy governor, Suppimitr Paorik, has ordered vehicles from Myanmar to only load and unload goods ...

Assawin Pinitwong

Sluggish recovery

Assurance of a gradual economic recovery has been repeated by Thailand’s financial authorities using empirical evidence, but the reality on the ground reveals more pain in the near term.Despite signs of business activity re-emerging after strict lockdown measures were eased, the Covid-19 pandemic is challenging ...

Bangkok Post Reporter

TAT predicts B1.5tn in best case for 2021

Tourism could generate 1.5 trillion baht in revenue next year in the best-case scenario if market sentiment improves by April at the earliest, says the Tourism Authority of Thailand (TAT).Despite a resurgent pandemic, the TAT aims for Thailand to be among the top five tourism ...

Narumon Kasemsuk

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