Thai businesses affected by political conflict in Myanmar to receive monetary aids The Commerce Ministry is planning to help Thai businesses in Myanmar as the prolonged political conflict is affecting their liquidity, productivity and goods transport. Commerce Ministry Permanent Secretary Boonyarit Kalayanamit said Thai businessmen are bearing the impact as many of them are facing…
BoT urged to keep credit card measure The credit card club of the Thai Bankers’ Association has proposed the central bank maintain a minimum debt payment measure for credit cards to help alleviate the financial burden on consumers during the country’s uneven economic recovery. Atis Ruchirawat, managing director of General Card Services Ltd, which runs…
Higher Spending Supports Economic Recovery in February BANGKOK (NNT) – The Bank of Thailand (BoT) has reported that the economy gradually recovered in February, mainly supported by higher private consumption and a slower spread of Covid-19. BoT’s senior director of the economic and policy department Chayawadee Chai-Anant said higher private consumption is largely due to improvement…