Thai Government to issue Bt50 bln ( $1.57 bln)Savings Bonds to fund COVID-19 Relief Measures

The special savings bonds are available via the “Sasom Bond Mung Kung” e-wallet, abbreviated to “Sor Bor Mor” in Thai on Krungthai Bank’s Pao Tang mobile app, and through four dealer banks. The minimum purchase of these bonds is 1,000 baht, without no maximum. Interest is paid twice a year.

Thai Government Plans to Increase 2022 Investment Budget by 90 Billion baht ($2.84 bln)

According to the 2022 fiscal budget bill, which has public spending set at 3.1 trillion baht, accounting for 17.9% of GDP, the government would need to borrow 700 billion baht to offset the deficit.

Thailand must fully open within 120 days says Prime minister

In a National Address delivered today, the Prime Minister of Thailand has set a goal for the country to be able to fully open within 120 days from today.

Thailand gains 1.2bn baht revenue from international film productions

During the four-month period, 31 production crews came to Thailand to shoot films, generating 1.212 billion baht revenue for Thailand. The number of productions may be lower than 123 the previous year, but the revenue is almost double the 2020 figure of 589 million.

Abuse against women still prevalent in Thailand

Like many other Asian countries, Thailand is a patriarchal society in which women are generally tied to the role of family caretaker which usually means raising children and taking care of the elderly, as well as other household chores like cooking and cleaning.

Thai cabinet approves 350 billion baht Aid for COVID-hit Businesses

Thailand unveiled new measures to help small and medium COVID-hit businesses in the tourism industry hit by a liquidity crunch.

Thai Mango growers complain of low prices and fewer exports

Because of the global COVID-19 pandemic, their mangoes are not being exported, due to fewer buyers, and their prices have plunged to between 10 and 20 baht per kilogram, depending on size.

Thailand remains 54th in World Happiness Report’s ranking

As one would expect with lockdowns and physical distancing, the pandemic had a significant effect on workforce well-being. Falling unemployed during the pandemic is associated with a 12% drop in life satisfaction.