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Thailand: Steel industry wary of major Chinese push

Thailand’s steel industry, already battling unstable prices, is edgy ascompetitors from China are all set to be back in business with full government support. Domestic steel producers will have to adjust rapidly and begin to cut production due to the impact of Covid-19 on downstream industries that have continuously slowed down production, suspension of automobile […]

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Thailand: Unemployment soars to 700,000 as factories close

The number of people claiming unemployment benefits has almost doubled to 700,000 people from December last year, with 140,000 registering in March alone. Thousands of workers have lost their jobs following some factory closures amid the Covid-19 outbreak, according to the Department of Labour Protection and Welfare (DLPW). Apinya Sujarittanan, director-general of the department, on […]

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Thailand: Ministry launches mobile fruit stores to roam capital

The Commerce Ministry yesterday introduced Thong Fah low-priced mobile fruit stores in pickup trucks, the latest move to dispose of abundant fruit during the harvest season. Commerce Minister Jurin Laksanawisit said the mobile fruit store initiative, in partnership with Talaad Thai market, is starting with 350 participating mobile stores that will peddle fruit along sois […]

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Thailand: TAT expects 16m international tourists

Thailand is likely to close this year with only 16 million international tourists and 60 million domestic trips, far below the pre-coronavirus targets of 40 million and 172 million respectively, according to Tourism Authority of Thailand (TAT). The estimates have the country losing almost 24 million tourists and 1.9 trillion baht in revenue compared with […]

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