Showing 1-10 of 12 results
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THAI angles for a return to global glory
Business, Janine Phakdeetham, Published on 07/09/2022
» Troubled national carrier Thai Airways International (THAI) is aiming to make a comeback and reach a top 10 global ranking for airlines.
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Baht in spotlight after hitting 7-year low
Business, Janine Phakdeetham, Published on 13/07/2022
» The currency of Southeast Asia's second-largest economy hit a seven-year low of 36.35 baht against the greenback last week. Nonetheless, analysts feel upbeat about the baht's future in the second half of this year.
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Why the Oil Fuel Fund is overburdened
Business, Janine Phakdeetham, Published on 29/06/2022
» The Energy Ministry an-nounced that the mounting debt of the state Oil Fuel Fund exceeded 100 billion baht as of yesterday. While a recent nudge from Kla Party leader Korn Chatikavanij, a former finance minister, shed more light on pressing issues surrounding energy and resulting in the government requesting cooperation from oil refineries to channel their profits into the fund, no subsidies for the prices of fuel requested from six Thai refiners have been finalised yet.
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Unmasking changes to Covid restrictions
Business, Janine Phakdeetham, Published on 22/06/2022
» As Thailand plans to downgrade Covid-19 to endemic status in July, several rules from the pandemic era such as wearing a mask in public and mandatory purchase of Covid health insurance to enter the nation for foreign visitors are set to change.
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Seeing through the haze: The new pot law
Business, Janine Phakdeetham, Published on 08/06/2022
» In a highly anticipated move, Thailand is set to decriminalise cannabis and hemp on June 9 as a new law takes effect. The milestone makes Thailand the first Asian nation to decree home cultivation legal, but there are still prohibitions. The Bangkok Post breaks down pressing questions surrounding the new regulations.
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Why is Thailand going through yet another dry Songkran?
Business, Janine Phakdeetham, Published on 13/04/2022
» Splashing has been banned during Songkran for a third consecutive year, frustrating some tourism operators. The decision was based on an increase in Covid-19 cases.
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Economic outlook turns dour as committee meets
Business, Janine Phakdeetham, Published on 30/03/2022
» All eyes are on the Bank of Thailand as rising inflation, spiking energy prices, a weakened baht and the impact of the war in Ukraine could all combine to influence a revision of key economic figures, especially GDP growth and interest rates, at the central bank's rate-setting committee meeting on Wednesday.
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Exploring factors driving the inflation uptick
Business, Janine Phakdeetham, Published on 09/03/2022
» The Commerce Ministry recently announced Thailand's headline inflation rate rose 5.28% in February year-on-year, which was higher than expected. The surge in the economic indicator marked the fastest rate jump in 13 years and breaches the central bank inflation target for this year.
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How will the war in Ukraine affect Thailand?
Business, Janine Phakdeetham, Published on 02/03/2022
» Russia's invasion of Ukraine on Feb 24 marks a major conflict that sent shockwaves through global stock and commodities markets. The action could affect tourism around the world, including in Thailand, which is still struggling to recover economically from the pandemic stress.
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What's behind the oil price hike?
Business, Janine Phakdeetham, Published on 10/02/2022
» The Federation of Thai Industries (FTI) recently expressed concerns that global oil prices may continue to surge, reaching US$100 a barrel this year. High fuel prices could negatively affect many sectors across the pandemic-battered economy.
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