News

Tourism could be hit by re-tightening of travel restrictions, experts warn

Government measures to contain the spread of Covid-19 infections across Bangkok and other five red-zoned provinces will likely have a negative impact on the tourism sector, analysts said Friday, adding that the downside risk was limited.The return of a 14-day mandatory quarantine for all oversea ...

Digital technology for field hospitals

The Digital Council of Thailand (DCT) is working with 36 leading tech organisations and the Medical Council of Thailand (TMC) to provide digital technology for field hospitals treating Covid-19 patients.“Digital technology can play an immense role in dealing with the country’s crisis, which is the ...

Suchit Leesa-Nguansuk

Over 80% Thai businesses struggling due to pandemic: PwC report

More than 80 per cent of Thai organisations surveyed by PwC recently said they were hit adversely by the Covid-19 pandemic, while the report indicated that successful crisis recovery hinges on improving resiliency.The Thailand part of PwC’s “Global Crisis Survey 2021” – a global survey ...

The Nation Reporter

State preps B300bn for new measures

The government looks set to prepare more than 300 billion baht’s worth of new measures to help reduce people’s expenses and stimulate domestic consumption battered by a fresh wave of Covid-19 infections.Kulaya Tantitemit, the director-general of the Fiscal Policy Office under the Finance Ministry, said ...

Wichit Chantanusornsiri

Thailand may gain from virus-led migration - BoT

The massive labour migration Thailand experienced during the first wave of Covid infections last year may present an opportunity to modernise the country’s agricultural sector and develop outlying regions of the country, according to a Bank of Thailand (BoT) study.“This is a rare opportunity for ...

Public Health Ministry mulls new lockdown

The Public Health Ministry has proposed “targeted lockdown” measures and a new colour-coding system to identify provinces most at risk of the latest Covid-19 outbreak.Dr Kiattiphum Wongrajit, permanent secretary of the ministry, said on Sunday the Public Health Emergency Operation Centre called an urgent meeting ...

Bangkok Post Reporter

Banks maintain NPL ratio amid virus risk

Ten SET-listed commercial banks restrained their non-performing loan (NPL) ratio in the first quarter of 2021 as they set aside a relatively high provision for loan loss amid uncertainty brought about by the pandemic.Among the big players, Bangkok Bank (BBL) and Krungthai Bank (KTB) reported ...

Somruedi Banchongduang

Thai economy may lose $3 billion a month after new virus outbreak

Thailand’s economy could lose 100 billion baht ($3.2 billion) a month, a university warned on Thursday, as the country struggles with a third wave of the coronavirus. The University of the Thai Chamber of Commerce said the latest wave could reduce the number of workers by ...

Outbreak prompts record policy spend

Covid insurance, which was introduced last year, is proving to be popular, especially during the third wave as concerns mount over more contagious and deadly variants.Napassanun Punipa, chief executive of TQM Corporation, said the total number of Covid insurance policies (including new and renewal customers) ...

Bangkok Post Reporter

Private sector lowers economic forecast amid Covid surge

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) on Wednesday downgraded Thailand’s economic growth projection to a range of 1.5 to 3 per cent, dragged down by lower purchasing power and employment rate.The JSCCIB’s outlook was lower than the previous one in March ...

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