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Thailand: Probe into poverty planned

The World Bank is expected to evaluate in August the impact of the pandemic on Thailand, determining how it has affected the poor, says Pongnakorn Pochakorn, the Fiscal Policy Office’s senior expert on macroeconomic policy. The evaluation includes both negative and positive factors, such as the continued outbreak and government relief measures, said Mr Pongnakorn. […]

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Thailand: Panel mulls online food delivery fee revamp

The government is setting up a working panel to study an appropriate structure for the gross profit (GP) or commission fee applied to food vendors by online food delivery platforms to prevent operators from profiteering. Online food orders have surged during the pandemic. Wattanasak Sur-iam, director-general of the Internal Trade Department, said Commerce Minister Jurin […]

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Thailand: May headline CPI rises 2.44% y/y, below forecast

The headline consumer price index (CPI) rose for a second straight month in May, up 2.44% from a year earlier, the Commerce Ministry said on Friday, slightly missing analysts’ expectations. The figure, weighed down by government utility subsidies, compared with a forecast for a rise of 2.85% in a Reuters poll and followed April’s 3.41% […]

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Thailand: Survey reveals less willingness to spend

Thais’ willingness to spend has dropped slightly from last year, while their happiness remains at the same level, according to a survey by Hakuhodo Institute of Life and Living Asean (Thailand), in collaboration with Spa-Hakuhodo Co. The survey of 1,200 male and female respondents between the ages of 20 and 59 from six regions across […]

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