Thai Government Will Launch New Measures to Help Small Businesses
Thailand’s National Economic and Social Development Council (NESDC) reports that the government will introduce new measures to help small and medium-sized enterprises (SMEs) cope with the financial impacts of the COVID-19 pandemic. NESDC secretary-general Danucha Pichayanan said Prime Minister Prayut Chan-o-cha has scheduled a joint meeting, on 23 June, with…
Return of Empty Shipping Containers Enables Export of Products worth ฿35bn
The Thai Chamber of Commerce (TCC) has reported that more than 23,000 empty containers have been returned to Thailand since February, enabling the export of 458,000 tons of products worth over 35 billion baht. TCC vice chairman Phot Aramwattananont said the return of the empty containers has helped alleviate the…
Third wave of COVID-19 has cost the Thai economy 200-300 billion baht
Analysts are encouraging the state to step up remedies for the COVID-19 situation, after assessing that the third wave of infections has cost the economy 200-300 billion baht and could cap growth this year at 1.6 percent. President of the University of the Thai Chamber of Commerce, and head of…
Fresh outbreak takes TCC-CI to 6-month low
4 Comments on Fresh outbreak takes TCC-CI to 6-month low
Concerns surrounding the new outbreak of COVID-19 in Thailand have directly impacted the economy, with New Year events cancelled and the tourism industry once again at a standstill. These conditions have caused the December 2020 Thai Chamber of Commerce Confidence Index (TCC-CI) to plummet to a 6-month low. The University…