th02
Read More

Thailand: Businesses seek financial relief

Business operators are calling for financial relief measures, including a debt moratorium and new loans with relaxed conditions, to help small and medium enterprises cope with Covid-19. The request was made ahead of Monday’s meeting of the government’s economic team called by Prime Minister Prayut Chan-o-cha. Members of the team are expected to consider an […]

Read More
logo
Read More

Thailand: Consumer confidence index plunges to new low

Consumer and business sentiment fell to record lows in June as sectors fret about rising Covid-19 infections and fatalities. The University of the Thai Chamber of Commerce (UTCC) reported on Thursday the consumer confidence index fell to 43.1 in June from 44.7 in May, 46 in April, 48.5 in March, 49.4 in February and 47.8 in […]

Read More
th02
Read More

Thailand: Ministry tells Ming Dih Co to relocate

The Industry Ministry has told Ming Dih Chemical to relocate its operation to an industrial estate if it wants to continue operating in the kingdom following the fire on Monday that affected at least 80,000 residents in Samut Prakan. Industry Minister Suriya Jungrungreangkit said the Department of Industrial Works has ordered the company to close […]

Read More
th01
Read More

Thailand: Firms eye partial lockdown

Local businesses favour a partial lockdown, especially in areas with severe infection numbers to reduce the economic impact. Many business leaders warn a total nationwide lockdown would cause huge losses for the country’s economy and massive harm for enterprises. Careful vetting Sanan Angubolkul, chairman of the Thai Chamber of Commerce, said the group disagrees with […]

Read More
logo
Read More

Thailand: Banks set to offer digital statements

The Bank of Thailand and three banking associations have built up a data ecosystem and plan to offer digital banking statements by January next year. The central bank yesterday signed an agreement on data ecosystem development with the Thai Bankers’ Association, the Government Financial Institutions Association, and the Association of International Banks, representing a combined […]

Read More