Bangkok Post
Calls for a post-virus blueprint
The Thai Chamber of Commerce (TCC) has asked the government to come up with a long-term plan for reopening the economy to reduce the impact of the Covid-19 pandemic.At the half-way point towards a 120-day deadline set by the government, which falls in mid-October, TCC ...
Bangkok Post Reporter
Debt restructuring to be extended
Debt restructuring periods offered to borrowers affected by the pandemic could be extended to more than 10 years, says Thai Bankers’ Association (TBA) chairman Payong Srivanich.The Bank of Thailand, in collaboration with the TBA, recently implemented additional debt assistance measures to provide sustainable aid to ...
Somruedi Banchongduang
Anti-poverty action projects demanded
The government has ordered each province and all 50 Bangkok districts to design projects to assist low-income earners and address poverty in the country in fiscal 2022 and 2023.Speaking after yesterday’s meeting of the anti-poverty committee chaired by Deputy Prime Minister Prawit Wongsuwan, Wanchat Suwankitti, ...
Bangkok Post Reporter
Tech generation gap
A study of the relationship between people and technology reveals a split in Thailand between those who believe tech companies clearly make a positive contribution to society and those who hold neutral or negative opinions of technology, according to the Asean communications agency Vero.In a ...
Bangkok Post Reporter
BoT says confidence key to spurring recovery
Public confidence will be a key factor in boosting the economy after the government eased its strict Covid-19 pandemic restrictions, according to an executive at the Bank of Thailand (BoT).The loosening of the rules, which starts on Wednesday, will bring relief to businesses which had ...
Somruedi Banchongduang
Govt mulls coronavirus status cards
The Public Health Ministry is mulling over the possibility of issuing coloured cards to signify the status of people who have been vaccinated and those recovered from Covid-19 as people re-engage in social activities.The cards — green for fully vaccinated and yellow for people who ...
Apinya Wipatayotin
July exports rise, but Covid curbs hit activity
The economy in July was increasingly impacted by the country’s worst Covid-19 outbreak and tighter restrictions that extended into August, but fiscal policy and exports lent some support, the central bank said on Tuesday.The nation’s containment measures were imposed in July and August in Bangkok ...
Green light for online action plan
The cabinet on Monday gave the go-ahead to the national e-commerce development action plan phase I, which spans 2021-2022 and aims to boost e-commerce revenue to more than 5.35 trillion baht next year.Rachada Dhnadirek, a deputy government spokeswoman, said the Commerce Ministry’s action plan will ...
Bangkok Post Reporter
E-service tax law comes into force
Thailand will enforce the e-service tax law from Wednesday, following in the footsteps of more than 60 countries around the globe which collect value-added tax (VAT) from foreign e-service operators reaping income in their territories.These countries, including Australia, New Zealand, Japan, Taiwan and South Korea, ...
Bangkok Post Reporter
Private investment falls in July
Private investment declined in July as a result of the prolonged pandemic, but the export sector has continued to expand for five consecutive months, said Fiscal Policy Office deputy spokesperson Wuttipong Jittungsakul.On Monday the office published economic data for July, which revealed that sales of ...
Wichit Chantanusornsiri