The Finance Ministry is finalising details of the 3,000-baht cash handout scheme, with initial daily spending disbursed through an e-wallet application and a cap of 100 baht. Details are expected to be finalised by the Fiscal Policy Office before submission to the Center for Economic Situation Administration on Thursday, said a Finance Ministry source speaking […]
Read MoreThe Securities and Exchange Commission (SEC) plans to replace the annual fee it charges the Thailand Futures Exchange (TFEX) from the existing 2 million baht per year to 0.05 baht per contract, with a minimum annual collection of 2 million baht. The current annual trading fee charged by the SEC for investment products traded on […]
Read MoreOutgoing Bank of Thailand Governor Veerathai Santiprabhob said public debt restrictions should be eased to allow the government to spend more as monetary policy options dwindle with interest rates already at an all-time low. Given the severity of the pandemic-driven downturn, the governor said his “personal view is that the 60% public debt-to-GDP limit can […]
Read MoreThe government is being urged to speed up tackling rising logistic costs for exporters and boosting the country’s overall export competitiveness. Ghanyapad Tantipipatpong, chairwoman of the Thai National Shippers’ Council (TNSC), said exporters are feeling the pinch from logistics costs, particularly for maritime transport as freight rates have risen on a continuous basis, especially for […]
Read MoreTravel insurance premiums are poised to drop by 90% this year because of travel restrictions, says Cigna Thailand. Demand for new travel insurance ceased around March, while existing policyholders cancelled their insurance protection after the government barred cross-border transit to contain the coronavirus outbreak, said chief executive Teeravuth Suthanaseriporn. Cigna Thailand generated travel insurance premiums […]
Read MoreTHAILAND approved plans to create a quarter of a million jobs and will look to restructure its economy to be less reliant on global demand, its prime minister said on Tuesday, the latest measures to mitigate the fallout of the coronavirus pandemic. South-east Asia’s second-largest economy suffered its biggest contraction since the Asian crisis in […]
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Thailand
