Thailand Business News
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...
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...
Thai parliament urged to pass record 1.9 trillion baht ($59.6 billion) stimulus bill
Thailand’s Prime Minister Prayut Chan-O-Cha on Wednesday urged parliament to approve the kingdom’s biggest-ever stimulus package to revive an economy battered by coronavirus, which...
