Reuters
Thai investor confidence rises, policy rate seen on hold - surveys
Investor confidence in Thailand’s financial markets over the next three months has hit its highest level this year, helped by the sooner-than-expected easing of a coronavirus lockdown, a capital market association said on Tuesday.The Federation of Thai Capital Market Organisations said its May survey showed ...
Thai April factory output drops 17.2%, smaller than forecast
Thailand’s manufacturing production index (MPI) declined for a 12th straight month in April, down 17.21% from a year earlier, hit by lower production of cars, petroleum and beer amid the coronavirus outbreak, the industry ministry said on Wednesday.That compares with a forecast for a drop ...
Thailand to drive domestic tourism as economy rides out drop in foreign visitors
Thailand plans to boost domestic tourism in the third quarter to help support the struggling economy as the coronavirus pandemic hits global travel and domestic consumption, the state planning agency said on Monday.The export- and tourism-driven economy may shrink 5% to 6% this year, the ...
Thailand raises alarm over bogus recruitment as online scams rise
Thailand is struggling to tackle a rise in online recruitment scams promising jobs abroad that never materialise, with many appearing on Facebook, a senior official said on Tuesday.The head of the Department of Employment (DOE) said there had been more than 1,500 complaints in the ...
Thai central bank seen cutting key rate to help economy in recession
Thailand’s central bank is widely expected to cut its benchmark interest rate to a new low at its policy review on Wednesday to cushion the economy from the impact of the coronavirus outbreak.Sixteen of 18 economists in the poll predicted the Bank of Thailand’s (BOT) ...
Thailand tourist arrivals may fall by 65% in 2020 due to virus outbreak
The number of foreign tourists in Thailand may plunge by almost two-thirds to 14 million this year, the lowest level in 14 years, as the coronavirus pandemic hits global travel, estimates from the Tourism Authority of Thailand (TAT) showed on Monday.The TAT now predicts only ...
Mekong river groups urge China to show transparency after dam report
Groups working to protect the Mekong River have called for greater transparency and cooperation from China after a report that Chinese dams held back water during a damaging drought in downstream countries last year.China has disputed the findings of the US government-funded study and said ...
Thailand says new economic measures to ease virus impact worth 10% of GDP
Thailand’s new package of economic measures to mitigate the impact of the coronavirus outbreak will be worth about 10% of its gross domestic product (GDP), Deputy Prime Minister Somkid Jatusripitak said on Friday.The package will cover all economic sectors for at least the next six ...
With few green spaces, Bangkok plants Asia's biggest rooftop farm
Bangkok’s Thammasat University, one of the oldest in Thailand, has a new claim to fame: Asia’s largest urban rooftop farm.The 7,000 sq mt (75,000 sq ft) space mimics rice terraces in northern Thailand and can help curb some of the impacts of climate change, such ...
Rina Chandran
Major brands found failing to help Thai seafood sector tackle slavery
Efforts to protect Thai seafood workers from labor exploitation and modern slavery risk stalling as most international brands and retailers refuse to pay their suppliers more to comply with new anti-slavery policies, researchers said on Wednesday.Thai seafood suppliers are struggling with rising production costs as ...
Nanchanok Wongsamuth