The Bank of Thailand has been closely monitoring the Covid-19 Omicron variant and could revise the country’s economic growth rate this month in line with a recovery trend. While the central bank has been watching the new variant, it said it will need time to gather enough information for a full analysis of its effects. […]
Read MoreThe spread of new Covid-19 variant Omicron brings a fresh concern to automakers as they open Thailand International Motor Expo on Wednesday, hoping to promote the electric vehicle (EV) era in the country. If Omicron is identified as a virulent strain, it will affect the automotive industry and overall economy, said Takeshi Kasahara, vice-president of […]
Read MoreThailand’s manufacturing production index (MPI) in October rose by 2.91% year-on-year to 97.99 points, close to the level recorded for the corresponding month in 2019 — prior to the pandemic, as the industrial sector looks set to gain momentum, says the Office of Industrial Economics (OIE). The improved manufacturing outlook was attributed to various factors […]
Read MoreThe daily consumption of fuel in Thailand fell 5.1 per cent in the first 10 months of this year compared to the same period last year. However, the Department of Energy Business said fuel usage picked up in October once pandemic restrictions were lifted. Nantika Thangsupanich, the department’s director-general, said on Monday that the daily […]
Read MoreThe Commerce Ministry’s Internal Trade Department has teamed up with importers and traders to reduce the prices of 74 items of agrochemical products by as much as 35% for three months, starting from today. Speaking after meeting with 22 importing and trading companies from three associations yesterday, Wattanasak Sur-iam, director-general of the Internal Trade Department, […]
Read MoreThailand will not take a step back from the reopening plan despite uncertainty over the Omicron variant and the Tourism and Sports Ministry will also propose more relaxation on alcohol sales from the afternoon to lift the festive sentiment. “Nobody wants another border closure as it was really difficult for us to reopen the country. […]
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