News
Thailand ups effort to classify economic activities based on environment impact
The Bank of Thailand (BOT) says it is accelerating issuance of standards to classify economic activities based on their environmental impact, to help the country cope with climate change.The so-called Thailand Taxonomy standards will aid green financing as companies transition to the government’s BCG (Bio-Circular-Green) ...
The Nation Reporter
Thailand passes record stimulus package to combat COVID-19 impact
Thailand’s parliament approved on Sunday (May 31) a near-US$60 billion stimulus package, the kingdom’s biggest-ever cash injection, to revive an economy that has been hammered by the coronavirus.The 1.9 trillion baht (US$59.7 billion) package would be a much-needed boost for Southeast Asia’s second-biggest economy, expected ...
Covid-19 casts two spells on Thai economy
The Thai economy contracted by 1.8 per cent in the first quarter from the same period last year or shrank by 2.2 per cent from the previous quarter after seasonal adjustment, the National Economic and Social Development Council has said.This recession was driven by the ...
Thailand eyes new stimulus to ease trade war shock
The Thai government is considering to work on “packages of economic activities” to stimulate its slowing economy, Thailand’s new finance minister, Uttama Savanayana, told the Nikkei Asian Review in an interview in Tokyo on Wednesday.Keep reading ...