To curb the Covid-19 pandemic, massage parlours and gyms were among the first businesses and premises to be ordered closed. Facing the impact of two waves of the coronavirus, business owners and employees said they were more concerned about making ends meet than the disease itself. Source: Business
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Survey highlights tourism concerns
Tourism operators have pinpointed their most urgent needs during the pandemic, with cost reduction considered to be essential, according to a Tourism Authority of Thailand (TAT) survey. Source: Business
Read More »Co-pay scheme generates B70bn
Capital worth 70 billion baht circulated in the economy during the 3½ months of the co-payment subsidy scheme, says the Finance Ministry. Source: Business
Read More »Q1 price index for housing supply poised to fall
The current outbreak will likely lead to a fall in the price index for housing supply in Greater Bangkok in the first quarter, with discounts and campaigns still necessary to clear inventory, according to the Real Estate Information Center (REIC). Source: Business
Read More »Big names fail NBTC board selection
Former National Broadcasting and Telecommunications Commission (NBTC) secretary-general Takorn Tantasith was among the big names who failed to make the shortlist of 14 candidates vying for seven board member positions at the NBTC, amid criticism of the selection criteria. Source: Business
Read More »TCG's merchant of risks
Labelling himself both an undertaker and merchant of risks, Rak Vorrakitpokatorn has a mission to help comatose small and medium-sized enterprises (SMEs) survive profound hardships during this major economic crisis. Source: Business
Read More »The future is bright, is it not?
From an economic perspective, most of the current figures continue to look worse, especially in developed economies including the United States. The US job market, retail sales and real estate figures have deteriorated for the first time since last April. Source: Business
Read More »Global markets pull back after Biden bounce
Recap: US shares rallied to a record high on Thursday as tech stocks surged, before equity futures slipped on Friday as restrictions to curb the escalating Covid outbreak dampened investor sentiment. European stocks fell and Asian shares slipped from record highs as investors took profit. Source: Business
Read More »Listed banks report 32% dip in profits
The average of 10 SET-listed commercial banks and subsidiaries is a 32% decline in combined net profit based on unaudited financial statements for 2020, largely attributed to higher loan-loss reserves. Source: Business
Read More »Cabinet set to consider tax assistance steps
State aid measures for struggling taxpayers, including deadline extensions for filing income taxes, a 90% reduction in land and building taxes and a reduced 0.01% fee for property transfers and mortgages, are scheduled to go before the cabinet next week. Source: Business
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