Business
Finance minister assures Japan of Thailand’s ability to cope with rallies
Finance Minister Korn Chatikavanij on Friday assured the Japanese government and private sector that the Thai government is in a position to cope with the planned mass rally by anti-government Red Shirt demonstrators over the weekend.
Speaking via the Telepresence System from Japan where he is leading a Thai delegation in a road show, he said top officials and private-sector executives had joined his trip to explain doubts by Japanese investors regarding economic conditions, ongoing rallies by Red Shirt protestors, and investment suspensions in the Map Ta Phut Industrial Estate.
via Finance minister assures Japan of Thailand’s ability to cope with rallies.
Business
Large Shopping Malls in Bangkok Will Be Closed until July 25th
Shopping malls under the Mall Group, including all branches of The Mall, the Emporium, Emquartier and Paragon Department Store, are also closed for 14 days, from today, except for supermarkets, food courts, pharmacy shops, eateries (take-out and delivery only), banks, mobile phone shops and vaccination sites.
BANGKOK (NNT) – Large-scale shopping malls in Bangkok and in some dark-red zone provinces are now closed for two weeks, to comply with the latest COVID-19 curbs in 10 provinces.
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Business
Downside risks loom for Thai economy due to Prolonged COVID-19 Outbreak
The most important issue for the Thai economy at present would be the procurement and distribution of appropriate vaccines adequately and timely.
The Bank of Thailand (BoT) has revealed that Thailand’s economy faces significant downside risks, because a prolonged COVID-19 outbreak could cause the economy to underperform the baseline projection, squeezing business liquidity and slowing employment.
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