IT will be the most in-demand job category in the wake of the coronavirus pandemic as organisations gear up for digital transformation, says job portal JobsDB Thailand. Up to 7 million employees are expected to be out of a job during the crisis, the company said. “Some 25% of Thai employees indicated that the virus […]
Read MoreThailand’s food export value is expected to dip by 3% this year from an earlier target of 1.02-1.06 trillion baht, as exporters believe the industry will be slow to recover from the impact of the pandemic. The months-long business shutdown, ban on inbound flights, weak purchasing power and recent baht appreciation have all dealt a […]
Read MoreThe Bank of Thailand’s capital distribution restrictions, announced last Friday in response to the coronavirus pandemic, provide further support to Thai banks’ capital buffers and are in line with regulations in other countries, says Fitch Ratings. Thailand is asking banks to suspend 2020 interim dividend payments and share buybacks and to prepare capital management plans […]
Read MoreAircraft parking charges will be waived and a discount on landing and takeoff fees offered to all domestic and international airlines in the latest relief package approved for aviation operators, according to the Civil Aviation Authority of Thailand (CAAT). The package was given the green light at a Civil Aviation Committee (CAC) meeting chaired by […]
Read MoreThe Bank of Thailand is requiring commercial banks to run a new round of stress tests that takes the pandemic’s impact into account and report the results next month, while strengthening capital buffers will be discussed in case the outcome shows capital adequacy ratios (CAR) are below 11.5%. Given the preemptive measure, banks needs to […]
Read MoreOperators of nightlife entertainment venues have cried foul over a set of proposed regulations to be enforced when they reopen, saying many social-distancing rules will threaten their livelihoods. A total of 22 articles are listed in the draft, which was unveiled on Monday. The draft will be submitted to the Centre for Covid-19 Situation Administration […]
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