Thais can get up to 3,000 baht from the government for shopping at designated retailers through December.

Thai Economic Outlook Revised Up as Covid-19 Outlook Improves

The Joint Standing Committee on Commerce, Industry and Banking revised its forecast on Thailand’s gross domestic product up by 1 percent to range between...
Bangkok Herald Condos Thailand Skyline

Bank of Thailand Leaves Key Interest Rate at 0.5%

The Bank of Thailand’s Monetary Policy Committee voted Wednesday to maintain the policy rate at 0.50 percent. The Committee assessed that the Thai economy in...
Thailand Baht Money Currentcy

Thailand’s Baht Now Dog of Asian Currency Markets

The Thai baht has been hit by a sharp decline in tourism numbers due to the Covid-19 pandemic, making the country’s currency the worst-hit...
Money Currency Business Bank Finance Household Debt

Bank of Thailand Crafts Measures to Cut Household Debt

The Bank of Thailand is crafting ways to reduce the country’s household debt burden, including borrowing from financial institutions and other loan sources not...
Asia Economic Growth GDP Economy Thailand ADB GDP

ADB Cuts Thailand GDP Forecast by 1/3; Downgrades Asian Growth

The Asian Development Bank said Asia’s economic growth this year will be slightly lower than previously projected, citing the resurgence of Covid-19 infections. The ADB...

Gov’t OKs ฿11 Billion for Lockdown-Impacted Businesses, Workers

The Cabinet on Tuesday expanded its economic-relief program for businesses and workers in the Social Security program damaged by coronavirus restrictions to newly designated...
Thais shop at street carts and outdoor markets in Pattaya in mid-November 2020. Small shops have embraced the government's co-pay scheme to boost business while the public can spend 150 baht a day on small items using government subsidy. (Photo: Bangkok Herald)

1.3 Million Co-Pay Subsidy Rights Snapped Up in 9 Minutes

It took only nine minutes for Thais to snap up the 1.34 million subsidy rights offered under the latest phase of the government’s co-pay...
A homeless person begs at the Nana BTS station on Sukhumvit Road in Bangkok in December 2020. (Photo: Bangkok Herald)

1.5 Million Thais Fell into Poverty During Pandemic – World Bank

About 1.5 million Thais have fallen below the poverty line during the coronavirus pandemic as the government strangled its vital tourism industry and closed...
Informal workers, such as street vendors and market sellers, can obtain government stipends through the Rao Chana project starting Jan. 29 (Photo: Bangkok Herald)

Registration Opens Jan. 29 for Pandemic-Relief Stipends for Informal Workers

Registration opens Jan. 29 for government’s coronavirus-relief stipend program for casual workers after the Cabinet approved two monthly payments of 3,500 baht. The “Rao Chana”...
Samut Sakhon Thailand Coronavirus Covid Disinfect Lockdown Cleaning

Samut Sakhon Lockdown Costing ฿1 Billion a Day in Economic Damage...

in EThe near-lockdown of Samut Sakhon Province due to a recent surge in Covid-19 infections is estimated to be causing a billion baht a...
Thais shop at street carts and outdoor markets in Pattaya in mid-November 2020. (Photo: Bangkok Herald)

Thailand OKs 3 New Job, Income Programs to Revive Economy

The Cabinet on Wednesday approved three new job and income-promotion campaigns for local communities costing about 112 million baht. The campaigns – the first of...
Thais shop at street carts and outdoor markets in Pattaya in mid-November 2020. (Photo: Bangkok Herald)

Gov’t Promises New Economic-Stimulus ‘New Year’s Gifts’

The government is planning to deliver new economic-stimulus programs as “New Year’s gifts” to the public, officials said Tuesday. While not detailing what those plans...
Standard Poor's S&P Credit Rating Finance

S&P Maintains Thailand’s Credit Rating at BBB+

Credit-rating agency Standard and Poor’s demonstrated its confidence in Thailand by keeping the country’s rating at BBB+ despite Covid-19 turmoil political turmoil, but has...
A woman sits outside closed businesses on Pattaya Beach Road Aug. 30 (Photo: Bangkok Herald)

BoT Opens ‘Debt-Resolution Expressway’ for Thais on Road to Ruin

The Bank of Thailand is opening a “debt-resolution expressway” to help Thais on the highway to financial ruin. The BoT said Wedesday that while the...
government shopping incentive program to have little benefit

Thai Economy Improves, But Protests, Coronavirus Remain Threats – BoT

Thailand’s economy improved in the third quarter but still faces risks from Covid-19, political protests and labor problems, the Bank of Thailand said Friday. Chayawadee...
People sit in long lines as they wait to file complaints for not yet receiving the 5,000 Thai baht (150 USD) financial assistance for those whose income is impacted by the COVID-19 coronavirus outbreak, as others (front) file their documents, in front of the Public Relations Department in Bangkok on May 7.

BoT Extends Debt-Repayment Extension Until June

The Bank of Thailand on Monday extended its debt-repayment and interest-reduction measures until June to help debtors and alleviate their financial burden. Following reports that...
Shopping Retail Mall Thailand Bangkok

VAT-Back Shopping Spree Program Begins

Shoppers can claim tax refunds on up to 30,000 baht in qualified purchases
THailand Credit Cards Household Debt

Thai Household Debt Soars to Record 83.3% of GDP, Fueled by...

Household debt has soared to its highest level ever, equal to 83.8 percent of Thailand’s gross domestic product due to the novel coronavirus, a...
government shopping incentive program to have little benefit

Subsidized Shopping Program Won’t Help Small Businesses, Unemployment, Economists Say

The government’s newly introduced program to offer consumers tax breaks on 30,000 baht in purchases offer little benefit to small business and not impact...
YouGov Thailand Job Security Survey Results Chart

Quarter of Thais Fear Losing Jobs Before Pandemic Ends

As unemployment surges, YouGov survey of those still employed finds half willing to take pay cut to keep job
With no customers in sight on Bangkok's Suhumvit Soi 8, a food vendor sleeps on her cart. (Photo: Bangkok Herald)

60% of Tourism Businesses to Fold Within 6 Months, Major Study...

Two-month survey project finds economic crisis to last long after pandemic ends, impacts more than just tourism
Thais can get up to 3,000 baht from the government for shopping at designated retailers through December.

Registration Now Open for Subsidized Shopping Campaign for Thais Only

Registration is open through October for the government’s latest subsidized-spending program aimed at getting Thais to go shopping. The “Khon La Krueng” program, which essentially...
Big C Tesco Lotus Thailand Shopping

฿3,000 Spending Cash for Thais, Subsidized Pay for New Grads OK’d...

The government’s Center for Economic Situation Administration approved the economic stimulus packages worth 68 billion baht to cut the cost of living and to...
Labor Chairman visits King Pac Industrial Co. Chonburi Thailand

Amid Historic Unemployment, Chonburi Can’t Fill 10,000+ Jobs

The jobs are there for the jobless, but are there enough Thais willing or skilled enough to take them?
Thailand Unemployment Office

New Economic-Stimulus Package Won’t Include Cash Handouts for Average Thais –...

A new economic-stimulus package being constructed by Thailand’s new Cabinet likely will not include another round of cash handouts to the growing numbers of...
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