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Exclusive: AirAsia Group’s downsizing of employees will not impact Thai branch’s operation

A representative from Thai AirAsia (TAA) told Thai Enquirer on Friday that AirAsia Group’s plan to reduce its workforce will not affect employees in Thailand.Nikkei Asian Review reported on Friday that the group is planning to reduce up to...

Investor confidence increasing again as Thailand emerges from coronavirus outbreak

The Federation of Thai Capital Market Organizations (FETCO) said this week that Investor Confidence Index (ICI) for the next three months has increased by 21 per cent.FETCO’s ICI for December stood at 80.75 index points before falling down 56.7...

Business sentiment still low but signs of improvement

The Bank of Thailand (BOT) said on Monday that the Business Sentiment Index (BSI) has slightly increased from the historic low of 32.6 index points in April to 34.4 index points in May. The three-month expected BSI also increased from...

Monday’s reopening saw more than 18.5 million people using tracking app; Songkran could be in July

More than 18.5 million users registered for the government's tracking app as businesses reopened nationwide on Monday. Approximately 134,000 businesses have joined the platform as well.Users have also used the app 90 million times since it was launched in...

For Thai returnees not looking forward to state quarantine, hotels are now offering a more luxurious option

For many, being stuck in quarantine for two weeks is both psychologically and physically undesirable. While the government is paying for the 14-day mandatory state quarantine for all returning Thai citizens, it comes with limited accommodation and services.However,...

New Bank of Thailand governor will have to get creative to stimulate the economy

The incoming Bank of Thailand (BOT)’s governor will have to get creative and come up with unique solutions to help the country recover from the coronavirus pandemic, experts told Thai Enquirer.Tim Leelahaphan, a Thailand economist at Standard Chartered...

Emergency loan is worth 1 trillion baht, not 1.9 trillion, government says

The total amount of emergency loans that will be used to counter the impact of COVID-19 is at 1 trillion baht, not 1.9 trillion baht, as the opposition has quoted in parliament, said the Thai government on Thursday.The...

Thai bankruptcy court accepts THAI’s restructuring filing

Thailand’s Central Bankruptcy Court has accepted Thai Airways International (THAI)’s restructuring filing on Wednesday.Creditors will now be unable to collect debts from THAI while the case is still open. The court case will be on August 17. THAI is also expected...

AIS denies leaked records contain sensitive information; journalists and activists possibly at risk

Advance Info Service, Thailand's largest mobile operator, said that a database leak which released 8.3 billion internet records of millions of customers did not contain any sensitive information and that it had shut down the database.US tech website...

EXCLUSIVE: Up to 300,000 people could lose their jobs if government fails to help automotive industry

The Automotive Industry Club (AIC), part of the Federation of Thai Industries, estimated that around 300,000 people could lose their jobs if the government does not help the sector.The AIC said it expects the country’s car production to...

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