Thailandia
Vai alla Scheda Paese »If you want to win, you have to fight.
— Thai proverb
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Money changers latest with hands out for assistance
The Thai Association of Foreign Exchange has asked the government for a series of assistance measures, including soft loans and income compensation for operators, as the coronavirus impact and inbound flight bans deal a severe blow to the money-changing business.
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Calls come for major THAI overhaul
Calls are being made to radically restructure Thai Airways International (THAI) following the Finance Ministry's bailout pledge to the financially troubled national carrier.
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SEPC to throw THAI lifeline
The financially ailing Thai Airways International is being thrown a lifeline in the form of a bailout loan, finance permanent secretary Prasong Poontaneat said on Wednesday.
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THAI will borrow to survive, remain state enterprise
Thai Airways International (THAI) will borrow money to survive the coronavirus crisis, and will remain a state enterprise, the Finance Ministry announced on Wednesday.
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Bangkok’s condominium market in 2019 and operators’ strategy for survival in 2020
The condominium market in 2019 included an accumulated sales rate of 525,223 units, from the total supply of 623,381 units, according to Ms. Risinee Sarikaputra, Director of Research at Knight Frank Thailand.
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Cabinet split over trade pact
Deputy Prime Minister and Commerce Minister Jurin Laksanawisit has decided to withdraw a proposal to the cabinet today for Thailand to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a source told the Bangkok Post.
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THAI loan queries rebuffed by ministry
The Finance Ministry has dismissed financially ailing Thai Airways International's hopes for a loan guarantee, saying the assistance would breach loan guarantee requirements for state enterprises because THAI has recorded net losses for three years in a row.
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March domestic car sales tumble 41.74% y/y
Domestic car sales shrank for a 10th straight month in March, slumping 41.74% from a year earlier to 60,105 vehicles, hit by the coronavirus outbreak, the Federation of Thai Industries (FTI) said on Thursday.
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TOT told to map conduits
State telecom enterprise TOT has been ordered to map out existing underground cable conduits spanning more than 2,000 kilometres in Bangkok by early May so that a new project does not overlap, says Digital Economy and Society (DES) Minister Buddhipongse Punnakanta.
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FTI calls for power bills to be suspended
The Federation of Thai Industries (FTI) is calling on the government to suspend electricity payments for small and medium-sized enterprises (SMEs) and households for four months, charging at cost for power in order to provide relief for businesses suffering from the Covid-19 crisis.
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Virus outbreak forces more layoffs at Thai Lion Air
Thai Lion Air is reducing its workforce again amid the freezing of its business due to the coronavirus outbreak in the country.
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From Yesterday to Tomorrow: Reinventing Education in Thailand
When academics from a leading Bangkok university sought international partners to help equip Thai students for jobs in the new digital age, they visited a U.S. city that had once been a symbol of old economy “rust belt” decline.
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TBA puts losses from coronavirus at B1.3tn
The economy could suffer a record blow of 1.3 trillion baht in damage from the spiralling spread of the coronavirus, according to preliminary estimates by the Thai Bankers' Association (TBA).
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Economy could lose over B1.3tr if virus crisis goes beyond Q2
The Thai economy is expected to lose 1.3 trillion baht, almost all of it in the tourist sector, due to the initial impact of the coronavirus pandemic, a banking association said on Tuesday.
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Covid-19 outbreak ‘could kill 10m Thai jobs’
Thailand's job losses may reach 10 million if the coronavirus outbreak continues for a few months, a business advisory council said on Monday.
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TCG seeks approval for PGS9 plan
State-owned Thai Credit Guarantee Corporation (TCG) is poised to seek the Finance Ministry's nod for the launch of portfolio guarantee scheme (PGS) 9 worth 200 billion baht after the current PGS's amount is projected to be used by June because of strong demand amid the Covid-19 outbreak.
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Facebook sues Bangkok resident for selling fraudulent ad tools
Facebook Inc sued a Bangkok-based Indian man on Thursday for developing and marketing a software to bypass the social network's advertising review process and deliver prohibited ads to users.
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SET up 46.03 points to 1,184.87 at opening
Thai stocks opened up 4.04% at the start of trade this morning.
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Research houses concur on heavy toll
The Thai economy is forecast to shrink by 4.8% by Asian Development Bank (ADB), 5.6% by Siam Commercial Bank's Economic Intelligence Center (EIC) and 5% by Standard Chartered Bank (Thai), heading for its deepest contraction since the financial meltdown of 1998.
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World Bank warns of 5% GDP decline in worst-case forecast
The Thai economy would shrink by 5% this year in the World Bank's worst-case scenario, with the coronavirus outbreak compounding existing problems like drought, stagnant wage growth, rising unemployment and growing poverty.
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Rice exports seen rising as virus outbreak troubles competitors
Thai rice exporters expect to increase sales as the spread of coronavirus sparks global food security concerns and major competitors face export bans or go into lockdown to battle the outbreak.