Bangkok Post
Consumer prices still declining
The consumer price index (CPI), a gauge of headline inflation, fell 1.17% year-on-year in February, marking the 12th straight monthly decline since March 2020.According to Phusit Ratanakul Sereroengrit, director-general of the Trade Policy and Strategy Office, the decline was largely because of the government measures ...
Phusadee Arunmas
Ministry working on third phase of co-payment subsidy
The Finance Ministry is in the process of designing the third phase of the co-payment subsidy scheme to maintain economic recovery momentum.The ministry is deliberating on the number of eligible recipients and monetary giveaway for each individual in the third phase, said Krisada Chinavicharana, permanent ...
Wichit Chantanusornsiri
Former Unctad chief makes case for debt spending
Thailand should implement fiscal stimulus to overcome the Covid-19 crisis, without being concerned about the possibility of the public debt-to-GDP ratio overshooting the 60% ceiling, says former UN Conference on Trade and Development secretary-general Supachai Panitchpakdi.Most countries around the world, both developed and developing economies, ...
Somruedi Banchongduang
Elderly depression 'on rise'
Elderly people tend to take their own lives after they have lost self-respect, said Dr Sirinthorn Chansirikarn, a professor in geriatric medicine at Mahidol University’s Ramathibodi Hospital.“Elderly people who commit suicide often succeed as they live long enough to be more resolute in their intentions,” ...
Penchan Charoensuthipan
Savings Fund membership push proposed
The Finance Ministry is mulling additional incentives to increase the number of members in the National Savings Fund (NSF) as Thailand is projected to become a “super ageing society” by 2031.Increasing state contributions to the NSF and extending the maximum membership age to 65 years ...
Wichit Chantanusornsiri
Environmental reviews for Chana estate
The government vows to move ahead with the much-criticised Chana Industrial Estate in Songkhla, though it is requiring responsible agencies to conduct an environmental impact assessment (EIA), environmental health impact assessment (EHIA) as well as public hearings.Speaking after chairing a meeting with related agencies including ...
Bangkok Post Reporter
Public Health Ministry to start building national immunity with 63 million doses of Covid-19 vaccine
The Ministry of Public Health revealed that Thailand has ordered 63 million doses of the Covid-19 vaccine to start building national immunity and more doses can be added. The procurement process has been done in a transparent, cost-effective, and verifiable manner. The vaccinations are planned ...
Govt urged to promote savings as society ages
The government is being advised to improve savings-related regulations in order to build up financial security, particularly for the elderly.Danucha Pichayanan, secretary-general of The National Economic and Social Development Council (NESDC), said the state planning unit is about to propose the government improve regulations in ...
Bangkok Post Reporter
Private sector expected to shore up EEC activity
Real investment in the government’s Eastern Economic Corridor (EEC) is estimated to reach 400 billion baht this year, driven largely by private investment and key infrastructure development projects.Of the total, 300 billion baht is expected to be generated by private investment, while 100 billion would ...
Bangkok Post Reporter
Govt says expected 2.8% growth not satisfactory
Thailand’s economy may grow 2.8% this year but that is still not satisfactory, while fiscal measures will continue to support economic recovery as tourism remains weak, the finance minister said on Wednesday.The economy, which is heavily reliant on tourism and exports, contracted 6.1% last year, ...