Current Affairs
Cabinet denies SOE extension is politically motivated; appoints TG restructuring board
Thailand's government on Tuesday denied that the extension of its State of Emergency decree has anything to do with politics.“These decisions were mainly based on public health considerations, they have never been made on political reasons,” said...
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Tourism ministry to propose plans for reopening domestic tourism on Friday
Ministry of Tourism & Sports will propose plans to reopen domestic tourism in June even though the State of Emergency (SOE) has been extended until June 30.Tourism and Sports Minister Pipat Ratchakitprakan said on Tuesday that his ministry will...
Main News
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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STA stocks surge on reports that its gloves unit may be listed
Sri Trang Agro-Industry (STA)’s shares were the third most traded stock on the Stock Exchange of Thailand (SET) Monday morning as the stock bucked gloomy trends to rise 130 per cent year-to-date on news that its rubber gloves unit...
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Half of CEOs surveyed by local media are unhappy with government measures
At least one-third of chief executive officers in Thailand expects the coronavirus outbreak to be contained within the second quarter of 2020.However, more than half expressed their lack of confidence in the government’s measures, according to a survey...
Market Watch
Thailand’s exports value expand by 2.12 per cent in April and 1.19 per cent in the first four months of 2020
The Trade Policy and Strategy Office (TPSO) at the Ministry of Commerce said on Friday that exports value expanded by 2.12 per cent in April. The market had expected it to contract by at least 3 to 4.6 per cent....
Covid-19
Hotels and hospitals to offer an alternative to state quarantine
The government said on Thursday that apart from local and state quarantine, an alternative quarantine option will be made available to people returning from abroad.The government said that hospitals and hotels have partnered together to provide a third...
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Panasonic to close two facilities in Thailand and move them to Vietnam
Panasonic Corporation will shut down its factory in Thailand and move it to a newer and larger one in Vietnam as part of its consolidation plan, a company official told Thai Enquirer on Thursday.About 800 Thai employees...
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BOT cuts policy interest rate while Thai baht strengthens with hopes for tourism recovery
The Bank of Thailand’s Monetary Policy Committee (MPC) decided to cut the policy interest rate by another 25 basis points at its meeting on Wednesday. The MPC voted four to three to lower the country’s benchmark lending rate from the...
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Thailand’s car production at 30 year low; industrial confidence also lowest in 11 years
The Federation of Thai Industries (FTI) said on Tuesday that domestic car sales dropped by 65 per cent in April as the coronavirus outbreak and the subsequent nationwide lockdown sapped away demand.A spokesperson for FTI’s Automotive Club, Surapong Paisitpatanapong...
