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Thai Government is advised to create welfare economy

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The government’s major task is to increase the number of people in the middle class as it is the path to the welfare economy, according to Chairman of the Board of the Bangkok Bank Kosit Panpiemrat.

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The Bangkok Bank Chairman said at a seminar on the directions for the Thai economy, organized by the Economic Reporters Association on 4 April that the major task for the government was to build up the number of middle class people in the society. He said middle class people was an important unit leading to the welfare economy, since the higher numbers of them meant higher tax collection and that revenue could bring about other welfares.

via The Government is advised to create welfare economy : National News Bureau of Thailand.

National

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.

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In December 1999, the United Nations designated Nov 25 as the International Day for the Elimination of Violence Against Women, to commemorate the murder of the Mirabal sisters, the three Dominican political activists who opposed the dictatorship of Rafael Trujillo in 1960.

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Banking

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.

Olivier Languepin

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The Thai cabinet has approved assistance worth 350 billion baht($11 Billion) to help businesses affected by COVID-19 with soft loans and asset warehousing.

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Markets

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.

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Mango orchard owners in Thailand’s northern province of Phitsanuloke are seeking help from the provincial administration to promote the sale of their sweet fruit, particularly Barracuda Mango variety.

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