Thailand GDP shrinks 12.2 percent in the second quarter of 2020
Thailand-
Tossaporn Sirisamphan, Secretary-General of the National Economic and Social Development Council (NESDC), announced the numbers for Gross Domestic Product (GDP) for the second quarter of 2020 today, August 17, in which that Thailand’s economy...
More details on the new Center for Economic Situation Administration in Thailand to help...
Bangkok-
Prime Minister General Prayut Chan-o-cha has signed an order on the establishment of the "Center for Economic Situation Administration,” or CESA which will handle economic and social rehabilitation following the spread of the COVID-19...
Pattaya City approves new fiscal year budget, due to Covid19 thirty percent less...
Pattaya-
The Pattaya City Council in conjunction with the Pattaya Mayor have approved the city budget for the next fiscal year, although the budget is roughly thirty percent less year over year.
Pattaya City Mayor Sonthaya...
Thailand food exports down for first half of year but expected to recover in...
BANGKOK-Food production during the first half of the year shrunk by 8.6 percent year-on-year, with food exports down two percent to 500 billion baht, due to the COVID-19 situation.
The Director of the National Food...
Thai floral exports worldwide down 31%
Thailand-
The Department of Trade Negotiations has revealed that during the first half of the year, Thai floral exports to its worldwide market dropped by 31%, however demand grew within part of the ASEAN region,...
Thailand holds first meeting of national 5G committee, shows widespread support for technology
BANGKOK-
The first meeting of the national 5G committee this week in Thailand saw general agreement to support fifth generation (5G) wireless communications technology for the benefit of all, according to Associated Press.
The meeting was...
Thai Cabinet approves three new Covid19 emergency loan recovery projects
BANGKOK - The Cabinet has approved 3 more social and economic development campaigns, worth 1.1 billion baht, which will be funded by the 400 billion baht emergency loan for COVID-19 recovery. These 3 new...
Pattaya business owners and officials want Pattaya included in any potential future tourist bubble...
Pattaya-
It has been roughly five months since international borders closed to inbound general tourists, of which Thailand had roughly forty million last year.
Pattaya City is arguably one of the top destinations in Thailand for...
Thailand remains the largest exporter of vegetables in ASEAN nations
LAMPANG-Despite economic stagnation and border closures, due to COVID-19, Thailand remains ASEAN’s largest exporter of fresh refrigerated vegetables, while being 14th in the world.
Trade Negotiations Department Director-General Oramon Sapthaweetham said that, from January to...
Thai Airways lost more than 28 billion baht in the first half of 2020
Bangkok-
Chansin Treenuchagron, Acting President of Thai Airways International, revealed the company’s financial status today, August 14.
The Acting President stated that Thai Airways has encountered financial damage and been trying to conduct strict...
