The labour market was just starting to bounce back with a lower-than-expected unemployment rate when the fresh wave of Covid-19 cases hit, says Deputy Chairman of the Thai Labour Solidarity Committee (TLSC), Chalee Loysoong. Continued assistance will be needed for recent graduates and workers in the most affected industries as the government shapes its response, […]
Read MoreCash handouts to ease the burden from the Covid-19 outbreak remain an option, but details are being deliberated regarding the number of eligible people and assistance level, says a Finance Ministry source. The ministry is considering at least four approaches to mitigate individuals’ financial burden, said the source who requested anonymity. While not disclosing the […]
Read MoreEmployers and employees are allowed to defer or stop financial contributions to company provident funds for another six months, a senior Finance Ministry official said on Monday. The decision by the Finance Ministry was published in the Royal Gazette on Friday and became effective on Saturday. It means both employers and employees are allowed to extend the […]
Read MorePrime Minister Prayut Chan-o-cha on Monday said that the larger government deficit in next year’s budget would not affect the country’s efforts to manage the spread and economic fallout of the coronavirus. “The 2022 budget deficit will not affect fiscal discipline and the country’s drive to move forward from the crisis caused by the Covid […]
Read MoreBANGKOK (The Nation/ANN): The Thai currency is likely to move between 30 and 30.20 on Monday (Jan 11) and 29.90 and 30.30 this week, said Jitipol Puksamatanan, the head of the “Easy Invest” team at SCB Securities. He explained that the baht last week had been weaker than other Asian currencies, due to investors’ concerns […]
Read MoreVolatility and malleability are key themes for this year’s foreign exchange outlook, with the baht projected to appreciate further, fuelled by Thailand’s surpluses in trade and current accounts, say economists. The baht breached 30 per US dollar near the end of 2020 and hovered around 29.9 against the greenback early this month, before retreating to […]
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