Third wave of COVID-19 has cost the Thai economy 200-300 billion baht BANGKOK (NNT) – Analysts are encouraging the state to step up remedies for the COVID-19 situation, after assessing that the third wave of infections has cost the economy 200-300 billion baht and could cap growth this year at 1.6 percent. President of the…
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…
Consumer groups sue Trade Competition Commission for approving CP-Tesco merger Thailand’s Trade Competition Commission has been served with a lawsuit courtesy of the Foundation for Consumers and 37 other consumer groups, as a result of a merger between the conglomerate Charoen Pokphand Group and Lotus (formerly Tesco Lotus). “The Charoen Pokphand Group is a Thai…
Thai businesses call for vaccine passports, more foreign suppliers, to safeguard economic recovery Thailand’s economic recovery will depend on how the government handles the question of vaccinations this year, the country’s top business association said Wednesday, calling for vaccine-passport programmes to boost tourism, and a wider supply of imported vaccines for Thai citizens. The Joint…