Thailand Business News

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Thailand Business News

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Thailand Business News is a comprehensive news service about Thailand with a business and financial perspective edited in Bangkok by Siam News Network

Covid-19 and Online Casinos : boom or bust ?

In Thailand gambling is illegal, thus there are no casinos operating here, but in other countries such as Macau the decision to close down gaming casinos has been a big blow to casino owners

World Bank sees East Asia and Pacific growth fall to 0.5% in 2020

The COVID-19 pandemic will shrink the global economy by 5.2 per cent this year, representing the deepest recession since World War Two, and triggering a dramatic...

How Covid-19 Will Change the Thailand Tourism Sector

While the prospect for Thailand in overcoming COVID-19 may appear promising, all the roads to economic recovery hint rocky hurdles, and experts have already forecast a bleak annual growth for Thailand and around the world

Seven million Thai farmers receive 5000-baht subsidies

BANGKOK (NNT) – The Bank for Agriculture and Agricultural Cooperatives (BAAC) has transferred subsidies to 7.1 million farmers and accelerated correction of incorrect bank...

Thailand’s Economic Front in Fighting COVID-19

BANGKOK /PRNewswire/ — Thailand has performed well in containing the COVID-19 outbreak and mitigating its impact. Since 27 April 2020, the number of new COVID-19 cases has...

Thai Cabinet slashes 2020 property tax by 90% – Real Estate

BANGKOK(NNT) – The Cabinet has approved a reduction in Land and Building Tax this year of 90 percent to help ease economic disruption from...

Thai economy further contracted in April 2020 says Bank of Thailand

The tightening of COVID-19 containment measures in both Thailand and abroad temporarily disrupted several economic activities. The tourism sector substantially contracted due to Thailand’s...

A Covid-19 debt shock in Asia?

Even before the outbreak of COVID-19, the level of global debt was high by historic standards. According to the Institute of International Finance, by...

Latest news

People travel during long weekend

BANGKOK(NNT) - During the Buddhist Lent festival’s long weekend, a large number of...

Thai exports shrink 22.5 percent in May to a 4-year-low

The export sector reported a 22.5 percent shrinkage in May 2020 to a 4-year-low of 16 billion U.S. dollars, resulting from the COVID-19 pandemic...

How I Started My Online Entertainment Business -Case Study

Creating my own online entertainment business was an experience of a lifetime. The online entertainment industry comprises of series, shows as well as online...

Coronavirus Disease 2019 (COVID-19) situation in Thailand as of 13 July 2020, 11.30 Hrs.

The post Coronavirus Disease 2019 (COVID-19) situation in Thailand as of 13 July 2020, 11.30 Hrs. appeared first on TAT Newsroom. Read the complete story...

Thailand’s tourism sector to lose over $47 billion (UN report) – Tourism

The world’s tourism sector could lose at least $1.2 trillion, or 1.5% of the global gross domestic product (GDP), having been placed at a...