Dining restrictions in Thai provinces expected to cost 200,000 jobs
The restrictions are now enforced in six provinces — Bangkok, Chiang Mai, Chon Buri, Nonthaburi, Pathum Thani and Samut Prakan.
Thailand considers new relief packages for workers and businesses
A government spokesperson said that the new relief packages would be decided “carefully” to ensure that those who are impacted by the pandemic are covered.
Thailand compiles list of 225,000 job vacancies for unemployed
To help workers made jobless by the latest COVID-19 wave, the country’s Ministry of Labour is compiling a list of more than 225,000 job vacancies.
Thailand advises those in high-risk areas to work from home for 2 weeks
The Ministry of Public Health’s advisory comes as the number of COVID-19 cases are expected to spike after the Songkran festival.
Thailand provides free COVID-19 tests under social security scheme
The Ministry of Labour will provide free COVID-19 tests to members of the social security scheme, in a bid to curb the spread of COVID-19 in Bangkok.
Thailand approves 3rd stimulus package worth US$60.5 billion
The cabinet has approved its third stimulus package of 1.9 trillion baht (US$60.5 billion) to help workers and businesses get through the pandemic.
Thailand sets up pension fund to support ageing population
The Cabinet has approved the setting up of the National Pension Fund (NPF), a new mandatory retirement savings scheme for formal sector workers.
Thailand unveils new support measures for pandemic-stricken firms
This includes 250 billion baht worth of soft loans for SMEs that will help them access credit, and 100 billion baht for loan repayments.
Thailand stock exchange partners government to upskill students, boost startups and SMEs
It aims to promote sustainable business operations in all dimensions of the capital market industry.
Thailand to launch new phase of co-payment scheme with SMEs
The government is currently preparing additional measures to help local SMEs, which will cover up to 50 to 80% of SMEs various expenses.
Thailand works on third tranche of co-payment subsidy
The third phase of its handouts would allow for financial assistance for public services, such as public transport costs.
Thailand sources 56,000 roles to help the unemployed
In February, 114,101 newly unemployed workers registered for financial aid, while 487,143 people updated their unemployment status.
Thai workforce needs to learn digital skills, urges official
Businesses should speed up on training programmes for skills development for their workers as companies have turned to automation and AI, Pichayanan said.
Thailand approves 4,000-baht handouts for salaried workers
Under its social security system, the government has approved a scheme that will give salaried workers 4,000 baht (US$134) each.
Thailand prepares to launch pandemic relief package
Prime minister Prayut Chan-o-cha has given the go-ahead for financial aid costing 40 billion baht to help employees left out under previous schemes.
Thailand rolls out jobs support to tourism workers
The Tourism Council of Thailand wants to implement a dedicated support programme for tourism workers to reskill and upskill by March.
Skills training needed to meet targeted labour demand in Thailand
The training programmes may also need to focus on promoting livelihoods and self-employment skills in rural areas, said the World Bank
Thailand’s Labour Ministry compiles job openings amid fresh outbreak
To help workers laid off due to the recent resurgence of COVID-19, the Labour Ministry has compiled a list of 58,151 job openings.
Thailand to roll out US$7 billion stimulus package
Finance minister Arkhom Termpittayapaisith has proposed for 210 billion baht (US$7 billion) to be given as cash handouts to individuals and companies.
Thailand approves more measures to soften COVID-19 blow
The measures include soft loans and lower utility bills, and aim to boost liquidity for businesses, provide debt relief and unemployment support.
New loan guarantees provide Thai SMEs with more financial flexibility
The new loan programmes have a combined loan guarantee of 40 billion baht, and will be rolled out through six financial institutions.
IMF projects full recovery for Vietnam, Indonesia and Malaysia in 2021
Out of the six leading economies in Southeast Asia, three countries are expected to expand in 2021, while others will struggle to recover.
96% of foreign investors still keen in investing in Thailand: Survey
Thailand’s Board of Investment also found that 76.67% of firms will maintain the same level of investment, while 19.33% of businesses intend to increase their investment value.
Thailand relaxes rules on soft loans and mulls monthly long weekends next year
The Bank of Thailand (BoT) has further relaxed rules on a soft loan programme to help SMEs financially.
Thailand moves to attract foreign investments
The government plans to revise various regulations in immigration, foreign business and other areas to attract more foreign direct investment next year.
Thailand to equip students with robotics skills
The country aims to teach 5,200 vocational students per year to meet the estimated future demand of 200,000 robotics-trained workers by 2024.
Government loan guarantees help SMEs access better funding
Thailand’s central bank has provided 500 billion baht in soft loans for financial institutions to re-lend to SMEs.
Thai commerce chamber urges extension of economic stimulus
The tourism subsidy package will run until Jan 31 next year, while a separate co-payment scheme will end on Dec 31.
Indonesia, Singapore and Thailand expect highest wage rise in APAC for 2021
The top 10 countries expected to see the largest real salary increase are from the Asia-Pacific region.
Thailand’s GDP shrank more slowly in Q3
Thailand’s economy contracted by 6.4% in the third quarter, improving from its 12.1% slump in the previous quarter.