Business News form Siam News Network
BANGKOK (NNT) – Aid measures, and the fifth phase easing of COVID-19 restrictions, allowed consumer confidence to improve last month, the third month in a row, to 50.1 points from 49.2 in June. The President of the University of the…
The Center for Economic and Business Forecasting (CEBF) of the University of the Thai Chamber of Commerce (UTCC) has predicted that the Thai GDP this year will shrink between 9.4 to 11.4 percent due to the COVID-19 pandemic. The coronavirus…
In June 2020, Thailand’s government approved new amendments to the Civil and Commercial Code (CCC) to simplify the process of setting up and conducting business in the country. It is anticipated that the proposed amendments will become law towards the…
Thailand’s Prime Minister Prayut Chan-o-cha approved an extension of the state of emergency for another month, maintaining that such an extension has nothing to do with anti-government protests. The state of emergency is due to expire at the end July,…
BANGKOK (NNT) – In addition to several projects and agreements approved in the Cabinet meeting yesterday, the government has agreed to accept a 5 million dollar U.S. grant from the World Bank to reduce emissions of hydrofluorocarbon gas (HFC), which…
The first wave of the COVID-19 outbreak in Thailand has come to an end after the country has not seen a case of local or community infection for 44 consecutive days, according to Thailand’s Disease Control Department. Dr. Anupong Sujariyakul,…
BANGKOK (NNT) – A trial of a COVID-19 vaccine candidate in monkeys has been successful, with the subjects showing higher immune responses. Researchers are now gearing up for human clinical trials in October, with production starting in mid-2021. A study…
The Cabinet has approved three tourism campaigns, aimed to kick start the recovery of the tourism sector from July to October. Thailand’s Cabinet approved three packages intended to boost Thailand’s declining tourism industry, hit hard by the COVID-19 pandemic. The…
According to Mercer’s 2020 Cost of Living Survey, Hong Kong tops the list of most expensive cities for expatriates, followed by Ashgabat, Turkmenistan in second position. Tokyo and Zurich remain in third and fourth positions, respectively, whereas Singapore is in fifth,…
Former international crime prosecutor, Mr. Wanchai Roujanavong predicted in a Facebook post that many corruption cases will emerge as a result of THAI’s rehabilitation process. He claimed that the airline’s fleet was leased to THAI through several agents, allegedly with…