To curb the spread of the Omicron virus, all government officials have been directed to work from home (WFH) after the New Year break.
The cost savings of remote working are attractive as employers do not have to pay rent for office space, building utilities, and compensation for transport.
These workers were more likely to lose their jobs because they dominated sectors that were hard-hit, like hotels and restaurants, wholesale, and retail.
Small and medium enterprises (SMEs) can now register for the second phase of the recently announced Job Retention SME programme.
The digital finance service is part of a smart payment infrastructure connecting government agencies, lenders and businesses with digital technology.
One of the projects is an identification programme, aimed at helping SMEs access government e-services and promoted government projects.
The cabinet has given the go-ahead for a soft-loan package worth 5 billion baht (US$150 million) to help create jobs for the unemployed.
To maintain financial and commercial stability, such businesses will have to provide notification before commencing operations.
To help SMEs retain employees, the Thai Cabinet has approved a 37-billion-baht (US$1.1 billion) subsidy programme that will help pay for salaries.
Companies with approval will have to fully implement their upgrade plans within three years from the BOI certificate issuance date.
As the country gets ready to reopen its borders on November 1, the Labour Ministry has announced that 222,871 jobs have been created.
Foreigners who would qualify for this lower tax rate must work in fields in which Thailand faces a skills shortage, and could work anywhere in the country.
A new project will help generate new jobs, maintain employment for about 400,000 workers and subsidise the income of over four million workers.
To help about 480,122 struggling small businesses keep five million employees employed, the government is planning to roll out subsidies.
The country’s planning agency is launching a 45.4-billion-baht (US$1.4-billion) stimulus package to help small businesses keep jobs.
Support will also be extended for an existing scheme that encourages domestic travel until end-February as the pandemic situation eases.
The funds will financially support companies and employees affected by the latest measures to contain the latest spike in COVID-19 cases.
The Ministry of Commerce is providing assistance to SMEs to be digitally equipped to get through the pandemic.
The Labour Ministry is aiming to create almost 400,000 jobs in the country’s Eastern Economic Corridor (EEC) within the next five years.
The pilot programme aims to limit COVID-related disruptions to the country’s export-driven manufacturing sector.
This includes the adjustment of its soft loan scheme to support liquidity for both existing and new SME borrowers by expanding their credit line.
By end-2021, jobless numbers are forecasted to hit 3.4 million, up from 3 million in Q2’ 2021, reported the country’s central bank chief.
A new regulation that boosts the financial assistance offered to state enterprise employees infected with COVID-19 has taken effect.
Companies have asked the government to allow them to deduct the cost of vaccinating their employees from their corporate taxes.
The financial aid will apply to companies in the sectors of construction, hotels, food services, art, entertainment and recreation in affected provinces.
The payout will cover over 690,000 employees across six high-risk provinces, paying out half their wages with a cap of 7,500 baht.
The debt moratorium has been extended from June 30 to December, and will be applicable to SMEs hit by the economic uncertainty due to the pandemic.
Qualified SMEs for the new co-payment scheme include those that could not acquire a soft loan from Thailand’s central bank package.
The measures include cash handouts to welfare card holders and special groups, co-payments and cash rebates, and will be implemented from July.
The measures include assistance to the tourism industry, which has been hit badly by the outbreak, and support to retain jobs at smaller companies.