Southeast Asia is one of the biggest sources of plastic waste thanks to rapid urbanisation and a growing middle class, whose consumption of plastic products is continuously rising due to increasing purchasing power and desire for convenience. To make matters worse, during the Covid-19 pandemic, the use of plastics increased exponentially due to increased attention […]
Read MoreBusiness leaders have called on the government to come up with additional relief measures to ease the plight of people affected by the expanded lockdown measures which will take effect on Tuesday. The government will extend the existing curfew and other tight restrictions in Greater Bangkok and the four southern border provinces until at least […]
Read MoreThe baht opened at 32.81 to the US dollar on Friday, weakening from Thursday’s closing rate of 32.75. The Thai currency is likely to move between 32.75 and 32.90 on Monday and between 32.60 and 33 this week, Krungthai Bank market strategist Poon Panichpibool said. Poon explained that there were two negative factors affecting the […]
Read MoreThe Bank of Thailand is allowing a two-month debt holiday for individuals and small and medium-sized enterprises (SMEs) suffering a direct impact from the government’s latest lockdown measures to combat the pandemic. The measure, which includes the cooperation of the Thai Bankers’ Association and the Association of International Banks, targets employees and employers in 10 […]
Read MoreDeputy Prime Minister Supattanapong Punmeechaow is planning to propose to the cabinet a plan to allow rich foreigners to enjoy long-stay visas in Thailand. According to Mr Supattanapong, the Centre for Economic Situation Administration (CESA) approved in principle on June 4 a scheme to offer long-stay visas to four groups of foreigners — rich global […]
Read MoreThailand’s monetary policy has to be accommodative to enable fiscal policy to work fully to help the economy, the finance minister said on Friday as the country deals with its worst coronavirus outbreak so far. Economic stability remains strong with high international reserves and the public debt level within limit, Finance Minister Arkhom Termpittayapaisith told […]
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