Bangkok Post
Council hints at layoffs
The Tourism Council of Thailand (TCT) estimates the industry’s unemployment rate in the second quarter could reach between 2-2.5 million as reopening plans might be delayed if the government cannot flatten the virus curve within a month.Chamnan Srisawat, president of TCT, said staff had been ...
Bangkok Post Reporter
No curfew, gatherings banned for 2 weeks
Authorities have decided against a curfew but schools will be closed while large gatherings and other high-risk activities will be suspended for two weeks from Sunday to control the fast-spreading new Covid-19 outbreak.Prime Minister Prayut Chan-o-cha has also ordered officials to seek more sources of ...
Bangkok Post Reporter
Authorities defend vaccine policy
Authorities insist they have never stopped the private sector from importing Covid-19 vaccines as criticism persists, even after they confirmed that up to 10 million doses could be ordered.Public Health Minister Anutin Charnvirakul said on Saturday that the government fully supported plans by the private ...
Bangkok Post Reporter
BoT vows study of consumption habits
The Bank of Thailand pledges to keep a close watch on the fresh wave of Covid-19 infections and, in particular, the government’s measures in containing the infections as well as people’s consumption behaviour.Mathee Supapongse, the central bank’s deputy governor for monetary stability, said at an ...
Somruedi Banchongduang
Exporters want 'slow' DLD probed
Activist Srisuwan Janya will today ask the National Anti-Corruption Commission (NACC) to investigate the Department of Livestock Development (DLD) after traders complained its staff spent too much time inspecting meat, leading it to become rotten.“The DLD even campaigns about the safety of animal meat before ...
Bangkok Post Reporter
Spending to drop by B50bn a month
Consumer spending is expected to decline by up to 50 billion baht a month as a result of the new outbreak of Covid-19 which also threatens to cause a further drop in the Consumer Confidence Index over the next three months, says the University of ...
Phusadee Arunmas
FTI gloomy over new outbreak
The new Covid-19 outbreak, which stunned Thai people with a new hardly controlled virus variant, continues to raise more concerns over economic health, adding fiscal-monetary burdens to the government, now likely to see GDP miss its target.The Federation of Thai Industry (FTI) on Thursday warned ...
Bangkok Post Reporter
Lifestyle, virus push e-money trend
Electronic money (e-money) has grown in terms of spending and top-up value, driven by consumers’ financial behaviour in the digital age and social distancing amid the pandemic.According to the Bank of Thailand, e-money spending value has continued to increase for the past five years.Keep reading ...
Somruedi Banchongduang
BoT minutes: Spike in long-term govt bonds had limited impact on economy
The Bank of Thailand felt that a spike in long-term government bond yields had only a limited impact on the economy when it decided to keep its key rate at a record low last month, meeting minutes showed on Wednesday.Long-term Thai bond yields moved in ...
PM slammed over clean air bill decision
The main opposition Pheu Thai Party has accused Prime Minister Prayut Chan-o-cha of preventing MPs discussing a clean air bill in parliament by having it declared finance-related legislation.Wattanarak Amnansoradet, chairman of Pheu Thai’s environment and natural resources committee, said it was a pity that Gen ...
Bangkok Post Reporter