News

SCB preps with long-term debt rejig

Siam Commercial Bank (SCB) has prepared long-term debt restructuring for customers to help them survive the prolonged Covid-19 pandemic, in line with the central bank’s requirement.SCB expects applicants for debt relief measures in 2022 to have 500 billion baht in debt outstanding, up from the ...

Somruedi Banchongduang

Omicron outbreak key risk to economic recovery

Thailand’s outbreak of the Omicron coronavirus variant could have a larger and more prolonged impact than expected on an economic recovery, according to minutes of the central bank’s last policy meeting released on Wednesday.Although, under the baseline scenario, the Omicron outbreak would not derail the ...

Thailand entering 5th wave of Covid, experts warn

Thailand has officially entered its fifth wave of Covid-19 infections with record daily cases predicted, according to experts. Department of Medical Services chief Dr Somsak Ankasil announced the epidemic’s new phase on Wednesday after talks with the National Institute of Development Administration (NIDA).The Department of ...

The Nation Reporter

Covid may change aviation industry forever

After 2020 marked the onset and early waves of Covid-19, last year saw the full-scale impact of the pandemic crisis and the aviation industry remained one of its biggest casualties.Although some airlines were more impervious to the crisis than others, most would agree last year ...

Bangkok Post Reporter

Tackling household debt high on govt's 2022 agenda

The government has set its sights on hastening the economic recovery and marking 2022 as the year of tackling household debt, said Prime Minister Prayut Chan-o-cha in his New Year message.In a Facebook post, Gen Prayut said the country has been beset by problems stemming ...

Bangkok Post Reporter

Doubts linger over 2022

Tourism in major tourist destinations has clearly been picking up despite the lingering spread of Covid-19, especially since the country’s reopening on Nov 1. But all of a sudden, there came an unexpected turning point – the spread of the Omicron variant of the coronavirus.A ...

Bangkok Post Reporter

Thailand 2022 Economic Forecast

Thailand’s economy has been struggling for the past two years due to the Covid-19 outbreak. However, through the cooperation of various sectors and the highvaccination uptake, Thailand is able to finally reopen borders, allowing the economy to recover.Newsline’s Sandra Hanutsaha talks with Dr. Kirida Bhaopichitr, ...

Thai economy gradually moving in the right direction, says BOT

The Thai economy grew by 0.9 per cent as expected in December, though fears over the Omicron variant may slow things down in the first quarter of 2022, the Bank of Thailand (BOT) said.Chayawadee Chai-Anant, senior director of BOT’s Corporate Communications Department, said that despite ...

The Nation Reporter

Delta still the dominant Covid-19 strain in Thailand, survey shows

The Omicron variant of Covid-19 accounts for only 9 per cent of new cases in Thailand since November 1, though Delta is still the dominant strain, a Department of Medical Science survey revealed.“A survey conducted nationwide since Thailand opened its doors to foreign tourists on ...

The Nation Reporter

Thailands Morprom digital health pass to be accepted in 60 countries

From January 1, the digital health pass on Thailands Morprom platform will be accepted in the 60 countries/territories that already accept the EU Digital Covid Certificate.Thailands Morprom digital health pass to be accepted in 60 countriesThe Morprom system lists the user’s vaccination history, test results, ...

The Nation Reporter

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