Thai economy further contracted in April 2020 says Bank of Thailand
The tightening of COVID-19 containment measures in both Thailand and abroad temporarily disrupted several economic activities. The tourism sector substantially contracted due to Thailand’s...
Thai parliament urged to pass record 1.9 trillion baht ($59.6 billion) stimulus bill
Thailand’s Prime Minister Prayut Chan-O-Cha on Wednesday urged parliament to approve the kingdom’s biggest-ever stimulus package to revive an economy battered by coronavirus, which...
COVID-19 Economic Impact Could Reach $253 Billion in Southeast Asia, says ADB
The cost of the coronavirus pandemic could reach as much as $8.8 trillion, or almost 10% of global gross domestic product, and between 158 million...
Thai Economy shrinks 1.8% in first quarter
The Thai economy shrank by 1.8 per cent year on year in the first quarter, according to the National Economic and Social Development...
JSCCIB expects Thai economy to contract by 3-5% this year
BANGKOK(NNT) – Due to the impacts of COVID -19, the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) expects the Thai economy...
23 million Thais to receive 5,000 baht cash subsidy
So far, 28.8 million people have already applied for the 5,000 baht/month cash subsidies, under the “Rao Mai Thing Kan” (We Do Not Leave...
Thai economy contracted at a higher rate in March
In March 2020, the Thai economy contracted at a higher rate than the previous month, said the Bank of Thailand in a press release. The...
Covid-19, poverty, social protection and the Thai economy
The coronavirus pandemic (COVID-19) has touched people from all walks of life. Across Thailand, children have been home from school, employees have been working...
