Private consumption rose slightly in June but private investmentcontracted from the previous month, central bank indexes showed on Monday, suggesting economic recovery remains patchy. The Bank of Thailand’s (BOT) private consumption index for June rose 0.2% from the previous month, when it increased 1.3%. The index for private investment declined 0.4% in June from May, when it had contracted 0.2%. The BOT said […]
Read MoreTravellers have been told to allow for at least three hours if they’re going from downtown Bangkok to Don Mueang airport by road as roadworks in the area get under way. The Highways Department plans to rebuild a ramp connecting the airport with the adjacent Vibhavadi Rangsit Road. The work is part of a project […]
Read MoreIndonesia and Thailand are embarking on what could be a long and tedious negotiation process to determine the border of the exclusive economic zones (EEZ) between the two countries in the Andaman Sea. But even before formal talks begin, both countries have to tune into the right mood for a friendly and fruitful negotiation in […]
Read MoreBANGKOK: Thailand’s central bank has tightened controls on credit cards and unsecured personal loans, a move that should contain high household debt levels and could cut domestic consumption. The measures, effective Sept 1, come at a time of concern about overspending by citizens and rising bad loans. The rule-changes mean credit-card holders can no longer […]
Read MoreThe economy is expected to maintain its momentum in the second quarter, with Deputy Prime Minister Somkid Jatusripitak expressing confidence that the second quarter’s economic performance is unlikely to be lower than the 3.3% recorded in the first quarter. Growing exports will be instrumental to the country’s growth in the second quarter, Mr Somkid said yesterday […]
Read MoreThai restaurants, in particular small and medium-sized ones, are seeking help from the government with the cost of bringing back foreign staff who fled across the border following the initial launch of a new labour law last month. After an outcry from businesses, the implementation of the new Royal Decree on the Recruitment of Foreigners was delayed […]
Read More
Thailand
