The Bank of Thailand has expressed some concern about a recent rapid currency appreciation and added that it was prepared to take measures to curb a...
Thai Airways International (THAI) has agreed to suspend flights by the airline for another month and to retain wage cuts after the Covid-19 outbreak, according to...
Those who bought tickets through Thai Airways International Plc (THAI) and then canceled or postponed due to the Covid-19 pandemic, may not be getting a refund...
Thailand may face job losses of up to two million in a scenario that resembles the Asian Financial Crisis of over 20 years ago. About 8.4...
Veerathai Santiprabhob, the governor of Bank of Thailand, has announced that he will not seek a second 5 year term for “family reasons.” His departure, announced...
The Thai baht opened at 31.84 to the US dollar on Thursday (May 21) morning, weakening from Wednesday’s close at Bt31.82. The Thai currency is expected...
Government spokeswoman Narumon Pinyosinwat has confirmed the plan for Thai Airways saying that the airline is expected to file for bankruptcy tomorrow. “The State-Enterprise Planning Office...
For the first time since 2014, Thailand’s economy has officially shrunk by 1.8%. According to the National Economic and Social Development Council (NESDC), data from January-March...
Despite being hit less hard by Covid-19 than other advanced countries, Japan’s economy has fallen into a recession just five years after recovering from its last...
With the majority of tourism operators losing 80 to 90 percent of their income, Thailand’s tourism companies are likely to face tough times in the coming...
The Finance Minstiry of Thailand will finalize a plan to support small businesses but the verification process may be delayed. Deputy Prime Minister Somkid Jatusripitak noted...