Main
NESDC to begin disbursement of stimulus for job creation in July
The National Economic and Social Development Council (NESDC) said on Monday that most of the 400 billion baht budget to stimulate the economy will be used for job creation and skill development.They also said the disbursement for the projects,...
Main
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...
Main
Travel bubble negotiations being pushed by PM
Prime Minister Prayut Chan-ocha has instructed the Ministry of Tourism & Sports to prepare for “travel bubble” negotiations as they aim to reopen overseas travelling to selected countries within the second half of 2020.Tourism minister Phiphat Ratchakitprakarn said on...
Market Watch
BOT says that the current economic climate cannot be defined as deflation yet
Despite inflation dropping to an 11-month low, the Bank of Thailand (BOT) said on Thursday that the current situation cannot be defined as “deflation.”BOT’s Senior Director of Economic and Policy Department Don Nakornthab said the central bank’s definition of...
Market Watch
MPC worried about rising NPL, pointed out real estate as one of the most vulnerable sectors
The Bank of Thailand’s Monetary Policy Committee (MPC) are worried about rising non-performing loans and urge for more adequate and timely fiscal policies.“The prospect of an economic downturn in 2020 led to increased vulnerabilities in the financial system,” read...
Main
Exclusive: Nissan will begin letting people go in Thailand
Nissan Motor Thailand confirmed to Thai Enquirer this week that it will be letting go of staff after rumours had been circulating for months that it would be closing some of its operations in Thailand.Local reports in May...
Market Watch
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...
Market Watch
New land and building tax to be lowered by 90 per cent for the rest of 2020; A July Songkran still in doubt
Prime Minister Prayut Chan-ocha said after the cabinet meeting on Tuesday that they have decided to lower the land and building tax by 90 per cent but only in 2020. The new land and building tax was supposed to be...
Main
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...
Main
The Business Sector and the ‘New Normal’
We are now almost halfway through 2020. Actually, it seems as if it were longer than that. As individuals, we may feel overwhelmed by the disruptions that have beset us since early this year. Regarding the business sector, most...
