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  • Fetco warns of recession, urges action

    Paiboon Nalinthrangkurn, chairman of the Federation of Thai Capital Market Organizations (Fetco), has urged the government to accelerate economic stimulus and temporarily raise the public debt ceiling to 70-75% of GDP, or borrow an additional 800 billion to 1 trillion baht to help the country weather the pandemic.

  • Banks prepare for an uncertain year

    The Thai banking industry will continue to face high levels of uncertainty in business operations in the second half of the year, mainly due to the rising number of Covid-19 cases, said Thanyalak Vacharachaisurapol, deputy managing director at Kasikorn Research Center (K-Research).

  • FTI to table relief plan

    The Federation of Thai Industries (FTI) and the Thai Listed Companies Association (TLCA) will on Thursday propose four debt and health-related measures to Prime Minister Prayut Chan-o-cha to help small and medium-sized enterprises (SMEs) survive the Covid-19 crisis.

  • OIC mulls rejig of Covid framework

    The Office of Insurance Commission (OIC) is discussing with the Thai General Insurance Association (TGIA) tightening the interpretation framework for the conditions of Covid insurance contracts to protect consumers and prevent abuse of legal loopholes, said Suthiphon Thaveechaiyagarn, OIC's secretary-general.

  • Shippers eye industrial Covid control

    A group of Thai exporters is growing concerned about the rising number of infections, particularly in the industrial manufacturing sector, pointing out if the infection rate is not controlled it may affect the country's export performance this year.

  • Banker foresees zero growth this year

    The Thai economy is likely to see zero growth at best this year because Covid-19 infections are expected to continue rising for at least another 2-3 months and the tourism industry will not recover in the fourth quarter as projected, says an economist from Bangkok Bank (BBL).

  • Exim urges exporters to adapt strategies

    Digital disruption and the pandemic have served as a wake-up call to Thai exporters to change their business strategies to ensure sustainable growth in the global market, says Rak Vorrakitpokatorn, the new president at Export-Import Bank of Thailand (Exim Bank).

  • BoT mulls revision of GDP forecast

    The Bank of Thailand (BoT)'s view is that the government's latest lockdown measures will lead to higher downside risks for the Thai economy amid the spread of the Delta variant of Covid-19, which is fuelling the latest wave of infections.

  • PANDEMIC BOOSTS DEMAND FOR DATA CENTRES AND CLOUD SERVICES

    The COVID-19 pandemic has accelerated digital adaptation among Thai organisations and citizens as they increasingly turn to online tools for healthcare, remote working and business transactions. The trend has driven a demand for data centres and cloud services which has been underpinned by changes to the global business environment and ...

  • AirAsia buys Gojek's Thai business

    AirAsia is aiming to use its strong network in Thailand to speed up the growth of Gojek in the country and put the loss-ridden service on the path towards profit within one year via upcountry expansion, starting with three key provinces in the fourth quarter.

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