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Six candidates vie for Bank of Thailand governorship

The deadline to apply for the Bank of Thailand (BOT)’s governor position passed on Friday and six candidates are in contention for the position.Veerathai Santiprabhob, the current governor of the central bank, will not seek a second term...

Thailand discovers 3 new cases in state quarantine

Thailand's government said on Monday that it had discovered three new cases in state quarantine as the country approaches two months with no cases in the general population.Of the three new cases, all were arrivals from middle eastern...

Coronavirus causing sharp drops in FDI, Industrial Estate investment

As Thailand reels from the coronavirus-induced economic slowdown, analyst warn that a slowdown in Foreign Direct Investment could hamper the economy even further.The country is set to see a double-digit decline in the gross domestic product (GDP) this...

Somkid could retain his post despite the resignation of close allies and struggling economy

Deputy Prime Minister and economic tsar Somkid Jatusripitak could his retain his post after an upcoming cabinet reshuffle despite the resignation of his close allies from the ruling Palang Pracharath Party, sources said on Monday.There were rumours inside...

Opinion: Inconvenient truths about US debt explosion

The resurgence of COVID-19 in the United States is paving the way to a debt record, even relative to government debt at the end of World War II. The collateral damage in global recovery will be significant.The delays and...

CARE Group says international travel is possible with right precaution and necessary for businesses to keep the light on

International tourism is possible with proper management system while travel bubbles for foreign tourists is a must, experts from the medical and tourism sector said at CARE Group’s tourism forum on Saturday.The Thai government is currently in business bubble...

Thailand discovers 14 new cases of coronavirus in state quarantine on Saturday

Thailand’s government said on Thursday that it had discovered 14 new cases of coronavirus in the last 24 hours, all in state quarantine. The patients were Thais returning from the US (1), Bahrain (1) and Sudan (12).The new discoveries...

The government accepts private sector’s proposal to set up an economic recovery center

The government has set up an economic recovery center following the outbreak of the coronavirus, a government official said on Friday. Prime Minister Prayut Chan-ocha met with members of the economic cabinet and his economic advisers from various public and...

Somkid ready for cabinet reshuffle and all eventualities

Somkid Jatusripitak, the Deputy Prime Minister in charge of economic affairs, said on Friday that he has been ready for a possible cabinet reshuffle since 2019.“I have been ready since last year,” he told reporters before his meeting...

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