Labour Minister Suchart Chomklin expects about 500,000 illegal migrant workers will be registered by the middle of next month. The minister said on Tuesday that registration started on Jan 15, and since then 190,000 illegal migrants had applied. The special registration period for illegal Cambodian, Lao and Myanmar migrants is set to continue until Feb 13. […]
Read MoreThai banks’ financial resilience will be tested this year as debt moratoriums gradually expire, with asset quality and the non-performing loan (NPL) ratio poised to deteriorate, says S&P Global Ratings. Relief measures have blunted the impact of Covid-19 on local financial institutions, but 2021 is a year where loan moratoriums are set to progressively expire, […]
Read MoreDine-in restaurants across the country will likely this week be allowed to extend their opening times to midnight from what is currently 9pm, as part of the government’s plan to ease Covid-19 restrictions on businesses, Deputy Prime Minister and Public Health Minister Anutin Charnvirakul said on Tuesday. He was responding to a call by the […]
Read MoreThe Tourism Council of Thailand (TCT) aims to establish the Tourism Labour Bank assistance programme by March for tourism workers suffering from the impact of the pandemic as the fresh outbreak could result in up to 2 million workers in the industry losing their jobs. “The council will develop a tourism employment database that does […]
Read MoreThe cabinet on Tuesday approved a new relief package, including a reduction in land and building tax, a cut in property transaction fees and reduced contributions to the Social Security Fund (SSF) by employees, to ease the economic impacts of Covid-19. Finance Minister Arkhom Termpittayapaisith said the cabinet approved a reduction in the tax on […]
Read MoreForeign investment funds (FIFs), excluding term funds or short-term fixed-income funds, recorded a 27.5% growth from 2019 with total net asset value of 840 billion baht, accounting for 21% of the Thai mutual fund market, an increase from around 10% in 2016. Chinese equity funds recorded the highest net asset value of 120 billion baht […]
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Thailand
