Business

BANGKOK (NNT) - Thailand’s Ministry of Transport reports that the Civil Aviation Board (CAB) has extended relief measures for airlines, affected by the COVID-19 pandemic, to the end of this year. Transport Minister Saksayam Chidchob said Airports of Thailand...

The Bank of Thailand (BoT) has revealed that Thailand’s economy faces significant downside risks, because a prolonged COVID-19 outbreak could cause the economy to underperform the baseline projection, squeezing business liquidity and slowing employment. Minutes from the BoT’s meeting on Wednesday say the recurring outbreaks have increased labor market fragility...

BANGKOK (NNT) - Thailand’s Commerce Ministry has launched a loan matching scheme for export-orientated small and medium-sized enterprises (SMEs), which are facing tight liquidity because of the COVID-19 pandemic. Commerce Minister Jurin Laksanavisit said the ministry is working with...

BANGKOK (NNT) - Thai Prime Minister Prayut Chan-o-cha called an urgent meeting of the government’s economic team on Monday, to map out relief measures for those affected by the latest set of restrictions, intended to tackle the...

Container shipping prices have reached record highs some 18 months after the outbreak of the coronavirus pandemic which disrupted maritime logistics chains and drove demand sky-high. “We are basically running out of vessels and of empty containers,” Alan Murphy, head of the consultancy Sea Intelligence, told AFP. The Covid-19 pandemic, which...

BANGKOK (NNT) - Finance Minister Arkhom Termpittayapaisith said the ministry plans to propose measures to curb household debt to the Cabinet this week. Thailand’s Fiscal Policy Office Director-General Kulaya Tantitemit said the measures cover those previously implemented by...

BANGKOK (NNT) - The Thai government will now prioritize the easing of the impacts caused by the month long imposition of new restrictions in Bangkok, Nonthaburi, Pathum Thani, Samut Prakan, Samut Sakhon and Nakhon Pathom. Prime Minister Prayut...

BANGKOK (NNT) – Thailand’s Public Debt Management Office (PDMO) plans to issue “Ying Aom Ying Dai” (the more you save, the more you earn) government savings bonds, worth 50 billion baht, next month, aiming to use the funds to finance state projects to ease the impacts of the pandemic. PDMO...