A document outlining the new colour-coded designations for city areas indicates that garment factories and other manufacturing facilities in Yellow Zones may be allowed to re-open in earnest by April 29. “All work activities, occupations and businesses” are deemed “permitted” for those living and working in Yellow Zones, according to an outline detailing the COVID-affected […]
Read MoreThe Export-Import Bank of Thailand has thrown a credit lifeline to small Thai businesses in CLMV countries that have been hit by the pandemic as well as the crisis in Myanmar. EXIM Thailand is offering the SMEs a 3-year credit facility of up to THB20 million at 3.99 per cent interest per annum. Meanwhile, its […]
Read MoreSINGAPORE, April 28 — Even though Singapore’s economic growth this year is expected to exceed the official four to six per cent forecast, the outlook for sectors worst-hit by the Covid-19 pandemic has deteriorated. The worsening prognosis for these sectors, which include aviation and tourism, comes amid a global surge in Covid-19 cases and the […]
Read MoreThe price of gold in Thailand dropped by THB100 per baht weight in morning trade on Wednesday as investors delayed trading to follow the outcome of a key Federal Reserve meeting and the US first-quarter gross domestic product. AGold Traders Association report at 9.22am showed the buying price of a gold bar was THB26,250 per […]
Read MoreThe baht opened at 31.36 to the US dollar on Wednesday, strengthening from its close of 31.43 on Tuesday. The Thai currency is likely to move between 31.30 and 31.45 during the day, Krungthai Bank market strategist Poon Panichpibool said. He predicted that the baht would fluctuate on Wednesday over concern of the Covid-19 situation […]
Read MoreAverage household debt for Thai workers recorded a historic surge of almost 30% to around 205,000 baht in 2021 when compared with 2019, driven by the pandemic, says the University of the Thai Chamber of Commerce (UTCC). The survey by the UTCC’s Center for Economic and Business Forecasting gauged 1,256 respondents across the country from […]
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