Finance Minister Arkhom Termpittayapaisith has instructed ministry departments to devise measures to tackle unemployment and propel the economic recovery in preparation for a full reopening of Thailand’s economy. “Businesses without money cannot hire people, therefore one of the measures to tackle unemployment is to maintain existing employment. The government can support these businesses by offering […]
Read MoreThe Federation of Thai Industries (FTI) is worried about a further economic blow if the latest political conflict escalates, warning Thailand cannot absorb more risk during the pandemic downturn. The warning was issued on Wednesday as anti-government protesters staged a rally on Ratchadamnoen Avenue, the same venue where pro-monarchy, yellow-clad supporters gathered to receive His […]
Read MoreThe Bank of Thailand is assessing a move to relax regulations related to offshore market investment for individual investors to help manage foreign exchange amid excess capital across the world. The central bank has discussed with regulatory bodies relaxing conditions for foreign asset investment for local individual investors. The adjustment would provide more opportunities for […]
Read MoreBusiness sentiment rose for the fourth straight month in September, boosted by improving prospects, state relief measures to help people and companies struggling with the sagging economy and stable retail oil prices. The University of the Thai Chamber of Commerce (UTCC) said the TCC Confidence Index, which gauges the sentiment of the business sector and […]
Read MoreA record 340 billion baht moved out of mutual funds in Thailand in the first nine months this year, leaving a total of 4.8 trillion baht, down 11.6% from the end of last year. Chayanee Juengmanon, senior research analyst at Morningstar Thailand, said some of the funds likely moved to bank deposits, while the value […]
Read MoreThe number of insurance complaints declined by about 30% in the first nine months of this year, after the Office of the Insurance Commission (OIC) allowed voluntary insurance policyholders with coverage of less than 2 million baht to receive claims without a dispute. In the first nine months of 2020, there were 8,082 cases of […]
Read More
Thailand
