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Thailand’s overall economy is at risk of contraction in the third quarter due to restrictions on economic activities to curb Covid-19 from spreading further, Krungsri Research revealed on Wednesday.In its monthly economic report, Krungsri Research said the private sector’s consumption index in July contracted -5.3 ...

Amid tepid tourist demand, 52% of hotel operators are considering closing temporarily, while 9% want to shut down permanently if the Covid-19 pandemic lasts longer than expected.A joint survey by the Bank of Thailand and Thai Hotels Association (THA) found that 62% of hotel operators ...

The Office of the Insurance Commission (OIC) has issued measures to speed up the claims process for Covid-19 insurance after payment delays were reported.The OIC met on Aug 31 to discuss implementing measures and taking legal action against insurers that intentionally delayed payments for Covid-19 ...

Over the past 18 months, the global spread of the pandemic has taken its toll on the economies of many countries. In Thailand, some believe a relief budget of 3 trillion baht may be inadequate.Assuming the country can achieve herd immunity by the end of ...

The government’s home isolation measures for Covid-19 patients are causing concern over the growing amount of infectious waste they are generating, including discarded face masks and used antigen test kits, as the waste threatens the environment, says the Federation of Thai Industries (FTI).Serious action to ...

Last Wednesday, residents of dark-red zone provinces made a dash to restaurants and shopping malls after lockdown restrictions were eased. For businesses like hair salons and massage shops, reopening has restored a vital lifeline after they were forced shut for nearly three months.But not everyone ...

The Thai Chamber of Commerce (TCC) has asked the government to come up with a long-term plan for reopening the economy to reduce the impact of the Covid-19 pandemic.At the half-way point towards a 120-day deadline set by the government, which falls in mid-October, TCC ...

Covid patients who have never been vaccinated must receive one dose within three months of getting infected, deputy government spokeswoman Traisulee Traisoranakul said.She said there were doubts about the guidelines for vaccinating people who had been infected with Covid-19. There is a risk of being ...

The National Health Security Office (NHSO) has so far received 3,888 applications for its vaccination compensation programme, with 99 requests still pending further information.NHSO committees have considered 2,875 complaints of adverse effects from vaccination and agreed to pay initial compensation totalling 110.29 million baht. However, ...

Public confidence will be a key factor in boosting the economy after the government eased its strict Covid-19 pandemic restrictions, according to an executive at the Bank of Thailand (BoT).The loosening of the rules, which starts on Wednesday, will bring relief to businesses which had ...