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TISI hit a record low in July
According to Mr. Supant Mongkolsuthree, chairman of the Federation of Thai Industries (FTI), the Thai Industries Sentiment Index (TISI) dropped from 80.7 in June to 78.9 in July.
August10,2021
Thailand saw its investment funds higher by 158 percent yoy in the first half of the year
According to Ms. Duangjai Asawachintachit, Secretary General of the Office of the Board of Investment, BOI received 801 new applications from January to June, up 14 percent from last year, with an investment amount of 386.200 billion baht, up 158 percent year-on-year.
August10,2021
Thailand's CPI up 2.44 pct y-o-y in May
According to the Trade Policy and Strategy Office of the Ministry of Commerce, Thailand saw the 2nd consecutive month of increase in its CPI, reaching 99.55 in May, up 2.44 percent from last year.
June11,2021
Thailand will embrace 30 million foreign tourists in 2022
The number of foreign tourists visiting Thailand will reach about 10 million in 2021 and rise to 30 million by 2022, said Mr. Vichit Prakobgosol, Chairman of the Association of Thai Travel Agents (AATA).
January29,2021
Bidding for Dual Track Railroad in November and Winning Bidder Due in Early 2021
The 355-km dual-track railway project of the "Banpai-Mhasalakan-Roi Et-Mudahan-Nakhon Phanom" route is worth Bt66.48 billion. It is expected that the TOR document will be issued in November or released one month after the release of the TOR of "Den Chai-Chiang Rai-Chiang Khong".
September29,2020
THAI must jump-start recovery procedures, stresses Thai PM
The cabinet decides to kick-start a business recovery plan to keep Thai Airways (THAI) going and bring in management professionals to re-establish it as a national airline, said Thai Prime Minister and Defense Minister Prayut Chan-o-cha after a cabinet meeting.
May20,2020
Thai gov't should ease lockdown restrictions to prop up economy
The country's lockdown measures are costing the economy 65 billion baht a month, or 0.40 percent of the monthly GDP. Therefore, she believed that Thailand should gradually lift the lockdown measures to drive the continued economic development.
May13,2020
Thailand preparing for second phase of easing lockdown measures
Deputy Prime Minister and Public Health Minister Anutin Charnvirakul said that at the cabinet meeting held on May 12, his ministry reported on the COVID-19 epidemic prevention and control and the guidelines on how to respond if the second phase of easing lockdown measures are implemented.
May13,2020
Thai cabinet approves exemption of factories from annual charges
Deputy government spokeswoman Traisuree Taisaranakul said that the cabinet approved the exemption of all category 2 and category 3 factories of all sizes from the annual charges required under the Factory Act B.E. 1992 for one year.
April29,2020
10 million Thai farmers to get 5,000-baht monthly relief grant
Government spokeswoman Narumon Pinyosinwat revealed that the cabinet approved the 2/2020 meeting resolution of the review committee on the use of loans submitted by the National Economic and Social Development Council (NESDC).
April29,2020
Thailand sees less new businesses set up in Q1
The number of newly registered companies nationwide in the first quarter of 2020 was 19,415, an increase of 5,538 or 40 percent from 13,877 in the fourth quarter of 2019, but a decrease of 1,335 or 6 percent from 20,750 in the first quarter of 2019.
April29,2020
Thai central bank urges financial institutions to provide best relief measures amid Covid-19
The central bank has been closely monitoring the situation of the Covid-19 outbreak, which has affected businesses and people, and has ordered financial institutions and government banks to provide the best possible assistance to those affected by the outbreak.
April16,2020
Global oil market remains oversupplied despite continued cuts
Global oil prices rose slightly from April 6 to April 12 as OPEC and its allies, known as OPEC Plus, reached a preliminary deal to gradually reduce oil output until 2022, but the cuts still cannot address the glut in the oil market, and oil prices are expected to continue the downward trend.
April16,2020
Thailand calls for joint fund to combat Covid-19
Government spokeswoman Narumon Pinyosinwat summed up the key points made by Prime Minister and Defense Minister Prayut Chan-o-cha at a special meeting of ASEAN leaders to combat Covid-19 outbreak.
April16,2020
Thailand's total border trade and cross-border trade volume totals 170 billion baht in January-February 2020, down 6.4 percent, says MOC
in January-February 2020, Thailand's total volume of border trade and cross-border trade was 171.314 billion baht, shrinking 6.46 percent.
April01,2020
Thailand's tourism confidence index drops to a 9-year low of 57 in Q1 2020 due to Covid-19 outbreak, says TCT
Mr. Chairat Triratanatcharaphon, chairman of the Tourism Council Of Thailand (TCT), announced a tourism confidence index of 57 for the first quarter of 2020, lower than 88 for the fourth quarter of 2019, registering a 9-year low.
April01,2020
EXIM Thailand introduces long-term low-interest loans without handling fees charged and relaxes conditions to reduce burden on Thai exporters and help fight the epidemic
EXIM Thailand introduces long-term low-interest loans without handling fees charged and relaxes conditions to reduce burden on Thai exporters and help fight the epidemic.
April01,2020
Thai energy agency to promote development of smart grids
The Energy Policy and Planning Office attaches great importance to smart grid development and has incorporated it into the national electricity development policies, said Mr. Wattanapong Kurowat, director-general of the Office.
November01,2019
Thai minister urges meteorological department to improve weather forecast accuracy
Thai Minister of Digital Economy and Society said that he had urged the TMD to provide information support for farmers and fishermen to make relevant decisions and improve weather forecast accuracy by adopting modern digital technologies.
September09,2019
AEM meeting opened to promote regional economic development
The 51st ASEAN Economic Ministers’ Meeting (AEM) was held in Bangkok, Thailand. The economy ministers from Thailand and other ASEAN member states attended the opening ceremony.
September09,2019
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