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Search Result for “covid-19”

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BUSINESS

Reopening hinges on jab strategies

Business, Pathom Sangwongwanich, Published on 09/03/2021

» Vaccination will have a profound impact on Thailand's tourism industry recovery and reopening strategy this year, with 2 million foreign tourist arrivals expected at this juncture, says Kasikorn Research Center (K-Research).

BUSINESS

Ambiguous growth drivers cloud outlook

Business, Pathom Sangwongwanich, Published on 19/02/2021

» Thailand's economic outlook in the post-Covid-19 period remains vague because of ambiguous growth drivers, with tourism's contribution to GDP unlikely to reach 30% as planned, says a veteran economist.

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BUSINESS

Krungsri remains wary with buffers

Business, Pathom Sangwongwanich, Published on 04/02/2021

» Bank of Ayudhya, branded as Krungsri, plans to continue setting aside loan provisions this year, albeit at a lower rate, to cushion against economic uncertainties.

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BUSINESS

BoT signs pact on mediating legal financial disputes

Business, Pathom Sangwongwanich, Published on 27/01/2021

» The Bank of Thailand and the Office of the Court of Justice have signed a memorandum of understanding (MoU) on mediating legal financial disputes for financially-distressed borrowers and small and medium-sized enterprises (SMEs).

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BUSINESS

MPC: Growth may fall below forecast

Business, Pathom Sangwongwanich, Published on 07/01/2021

» Thailand's GDP growth this year could drop below the 3.2% baseline projection from plausible lower inbound arrivals amid uncertainties over vaccine efficacy and reduced fiscal stimulus, says the Monetary Policy Committee's (MPC) latest edited minutes.