Thai Enquirer

Thailand’s economy resilient to the pandemic, central bank says

The Thai economy is well placed to weather the impact of the Covid-19 pandemic, the central bank said Wednesday, citing strong foreign reserves and a resilient banking system.Although the nation’s economy is likely to recover more slowly than regional peers, it is highly resilient in ...

Thai economy no longer a subject of global interest, new report says

Thailand’s economy has crossed a tipping point with the country beginning to be losing global interest, said a new research report from the Kiatnakin Phatra Financial Group (KKP).Relocation of production bases, falling direct investment, and a slowdown in the export sector show that Thailand no ...

Infographic: Lockdown begins in Bangkok and Covid-19 hot spots throughout Thailand

Additional lockdown measures come into effect on Tuesday as the country struggles to contain the Covid-19 pandemic. The third wave has killed thousands and infected hundreds of thousands since it began in April. The new measures will restrict travel and see a newly imposed curfew.Keep ...

Government to tighten restrictions amid record infections, denies “lockdown”

The government will decide this week on extra Covid restriction measures suggested by the Ministry of Health, the Center for COVID-19 Situation Administration (CCSA) said on Thursday, as rates of infection and death reached new highs.“This is not going to be a full lockdown,” said ...

Only SMEs with “chance to survive” will qualify for loan rehabilitation scheme

Only Small and Medium Enterprises (SMEs) with a chance to survive will qualify for the loan rehabilitation scheme to cope with the economic impact from the Covid-19 crisis, said the Bank of Thailand governor on Friday.“Not all enterprises that receive credit will survive. We must ...

Exports show surprise bounce on global economic recovery

Thailand’s exports in May bounced by a better-than-expected 41.59 per cent from a year earlier, the highest rate seen in 11 years, from low base levels induced by the pandemic in 2020, the Ministry of Commerce said Thursday.The figure beat a Reuters forecast of a ...

Thailand to stop state-funded quarantine for air arrivals

Thailand will stop providing state-funded quarantine facilities for air travellers from July to ease the cost burden on the government, the National Security Council (NSC) said Friday.“The number of people who need to return to Thailand is very small or could be zero at the ...

Analyst: Thailand needs pandemic under control next month to see economic recovery this year

Thailand will only see clear signs of economic recovery in the last quarter of 2021 if the current outbreak can be brought under control by the end of July, the Kasikorn Research Center said Thursday.“The Thai economy in the fourth quarter will grow considerably if ...

Thai businesses call for doubling of Covid co-payment scheme

Thailand’s private sector called on the government to double the credit amount of the co-payment scheme on Wednesday to inject more liquidity into an economy made sluggish by the third wave of Covid-19.The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) held a meeting ...

Bank of Thailand focuses on assistance measures to aid business customers affected by Covid-19

The Bank of Thailand (BOT) on Tuesday has amended conditions in soft loan decree to be more accessible to a wider range of borrowers, focusing on assisting SMEs in surviving during the pandemic.The BOT and the Finance Ministry have discussed with related parties to offer ...

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