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Thailand: CP chicken plant closed due to bug outbreak

A chicken processing plant owned by Charoen Pokphand Foods Plc (CPF) in Saraburi’s Kaeng Khoi district has been closed for five days to be disinfected, after 391 of its workers were found to be infected with Covid-19. Despite the outbreak, the Department of Livestock Development said products processed at the factory are not contaminated and […]

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Thailand: Interest rate cut for loan defaulters

Parliament has approved an emergency decree to amend the Civil and Commercial Code to reduce the interest rate charged for loan defaults which has been used for almost a century. Finance Minister Arkhom Termpittayapaisith said the law would be amended during the prolonged Covid-19 pandemic to help debtors who are having to pay interest as […]

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Thailand: Nation requires a ‘great overhaul’

Thailand is in dire need of a great overhaul in the post-Covid-19 period with a focus on narrowing economic disparity and investing in advanced technology and environmental conservation, says the state planning unit’s chief. According to Danucha Pichayanan, secretary-general of the National Economic and Social Development Council (NESDC), global trends are expected to lead to […]

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Thailand: Concern mounts over gap in GDP inputs

An economist is concerned that a gap in terms of contributions to the country’s gross domestic product (GDP) between tourism-dependent provinces and agriculture-reliant provinces will become wider in the post-pandemic era. The Fiscal Policy Office’s senior expert on macroeconomic policy, Pongnakorn Pochakorn, said even before the pandemic, there was a huge gap in terms of […]

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