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...
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 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...
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...
COVID-19 Economic Impact Could Reach $253 Billion in Southeast Asia, says ADB
The cost of the coronavirus pandemic could reach as much as $8.8 trillion, or almost 10% of global gross domestic product, and between 158 million...
Thai Economy shrinks 1.8% in first quarter
The Thai economy shrank by 1.8 per cent year on year in the first quarter, according to the National Economic and Social Development...
JSCCIB expects Thai economy to contract by 3-5% this year
BANGKOK(NNT) – Due to the impacts of COVID -19, the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) expects the Thai economy...
23 million Thais to receive 5,000 baht cash subsidy
So far, 28.8 million people have already applied for the 5,000 baht/month cash subsidies, under the “Rao Mai Thing Kan” (We Do Not Leave...
