The Finance Ministry plans to offer special savings bonds worth 50 billion baht to the public to give taxpayers more investment alternatives to earn higher income as low interest rates and economic uncertainty prevail. The savings bonds, part of the government’s 1-trillion-baht borrowing plan to alleviate the damage from the pandemic, will be divided into […]
Read MoreShopping malls, gyms and amusement parks, considered high-density venues, are expected to reopen next if the number of new Covid-19 infections continues to drop for another week. The Public Health Emergency Operation Centre held a meeting with representatives of eight business clusters in the kingdom to discuss preparations for the next stage of easing the […]
Read MoreThe Thai Hotels Association (THA) has urged Prime Minister Prayut Chan-o-cha to lift the 14-day quarantine for visitors from countries that successfully contain the virus spread and also wants a tax deduction for hotels that invest to meet new hygiene standards. At a meeting with Gen Prayut on Friday, the association reported that the most […]
Read MoreThailand’s economy may shrink 3%-5% this year, sharply down from growth of 1.5%-2.0% projected in March, as the coronavirus pandemic hits global demand and domestic activity, a group of leading business associations said on Thursday. The group also cut its forecast for 2020 exports, a key growth driver, to a fall of 5%-10%, from zero […]
Read MoreE-commerce is not an alternative, but a survival tactic for small businesses affected by the crisis, with social commerce accounting for 40% of total online transactions, says an e-commerce executive. Social commerce has been gaining popularity because it facilitates a direct interaction between buyers and sellers, said Thanawat Malabuppha, president of the Thai e-Commerce Association. […]
Read MoreThe global Covid-19 pandemic has led to the greatest impact on trading conditions around the world in recent memory. More than 3.6 million people have been infected globally, with nearly 3,000 having tested positive in Thailand. Since March 22, as a measure of social distancing, all shopping centres and retail outlets were ordered to close […]
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Thailand
