The Cooperative Promotion Department has tied up with several agencies to offer free parking spots as well as low-interest loans to help cabbies and taxi cooperatives survive the Covid-19 crisis. Wisit Srisuwan, the department’s deputy director-general, said many cabbies were out of a job due to the lack of customers. Also, some 3,000 cabs are […]
Read MoreOn June 16, when the prime minister announced his ambitious plan to reopen the country by mid-October, Thailand reported 2,331 new daily Covid-19 infections. Very few likely guessed that figure would skyrocket by almost nine times to more than 20,000 cases in less than two months, with no signal of when the pandemic might be […]
Read MoreAs the outbreak continues to escalate, housing developer sentiment for the next six months is expected to reach its lowest point in the third quarter of 2021 since the first quarter of 2009, with non-listed firms showing the greatest concern. Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC), said the expectations index […]
Read MoreFood processors have asked the Internal Trade Department to raise the prices of processed food by 5-7%, citing high production costs from raw materials, packaging and labour. Visit Limlurcha, president of the Thai Food Processors Association and vice-chairman of the Thai Chamber of Commerce, said Thai food processors face higher production costs given the rising […]
Read MoreFrom 1990 to 2019, the number of people living in extreme poverty (according to the World Bank threshold of US$1.90 per day) plummeted, from 1.9 billion to 648 million. But Covid-19 has reversed much of this progress. By the end of 2021, the pandemic will have pushed approximately 150 million people back into extreme poverty. […]
Read MoreThe baht opened at 33.42 to the US dollar on Monday, weakening from last week’s closing rate of 33.38. It was the lowest the baht had slid to in almost three years. The Thai currency was likely to move between 33.40 and 33.55 during the day and between 33.20 and 33.70 this week, Krungthai Bank […]
Read More
Thailand
