Bangkok Post
Worsening outlook limits investment opportunity
July was the worst month for Covid-19 in Thailand since the pandemic began and cases continue to rise by more than 20,000 daily. Total cases in the country have surpassed 830,000, with more than 200,000 infections and 2,100 deaths since the start of August alone.The ...
Vaccine tourism set to spike
Outbound tour operators expect increasing demand for vaccine tourism in the fourth quarter because of the delay in procurement of high-quality vaccines in Thailand.Suthiphong Pheunphiphop, president of the Thai Travel Agents Association (TTAA), said even if local travellers are able to take outbound trips in ...
Bangkok Post Reporter
BoT: Firms expect normalcy in Q1 2022
Nearly half of businesses expect normal Thai life to resume in the first quarter of next year, according to a Bank of Thailand survey.The business sentiment index, which was conducted from July 1-22 on 260 businesses of all sizes, found 45% of respondents expect public ...
Somruedi Banchongduang
Plastic waste imports are 'unwanted'
More than 100 environmental groups have called on the government to prohibit the import of plastic waste and instead encourage the use of domestic plastic waste for recycling as a way to safeguard the environment and promote the circular economy.The network of 107 civil society ...
Bangkok Post Reporter
Internet freedom declines further in Thailand
Thailand has moved into the third-lowest tier in the world for internet freedom, down two steps from the year before, according to Comparitech, a website that focuses on improving cybersecurity and privacy online.Internet freedoms in Thailand are “73% restricted”, it said, placing the country among ...
Sentiment continues to see decline
Consumer and business sentiment continued to plunge in July based on rising Covid-19 infections and deaths, as well as a poor economic outlook.The University of the Thai Chamber of Commerce (UTCC) reported on Thursday the consumer confidence index fell to 40.9 in July from 43.1 ...
Phusadee Arunmas
Pandemic leads to exodus of B95bn from Thai bourse
More than 95 billion baht in capital flowed out of the Thai stock market in the first seven months of the year, partly because of the worsening pandemic, sputtering attempts to revive foreign tourism, and possibly a second year of economic contraction.The pandemic situation in ...
Bangkok Post Reporter
BoT cuts 2021 GDP rise to 0.7%
The Bank of Thailand (BoT) has slashed its economic growth projection for this year again to 0.7% as the third wave of Covid-19 has had a more severe impact on the country’s economy since the central bank conducted its earlier projection.The BoT’s Monetary Policy Committee ...
Somruedi Banchongduang
Unemployment hit 5-year high in Q1
The pandemic drove the country’s unemployment rate up to 1.96% in the first quarter, the highest level in five years, while the IT sector saw the highest number of job postings compared with other industries in the first half of this year, according to job ...
Suchit Leesa-Nguansuk
MPI forecast revised up to 4-5% on export growth
Thailand’s manufacturing production index (MPI) is expected to grow by 4-5% this year, up from an earlier forecast of 2-3% made by the Office of Industrial Economics (OIE), due mainly to fast-growing exports.The adjustment in the forecast was announced as the OIE reported the MPI ...
Lamonphet Apisitniran
