inflation
- Thailand video news
Thailand News Update | Energy & Food Price raises inflation rate for 2022
The body of the Iranian tourist who went missing on Tuesday after a white water rafting accident in Phang Nga province, just north of Phuket, has been found. Police are now investigating everyone involved in the incident.The 42 year old was white water rafting in Song Phraek with his four friends and two tour operators when their rubber boat hit…
- Thailand video news
Thailand News Today | One Thai province to declare Covid endemic on April 1
After a Boeing 737-800 crashed in China, killing all 132 passengers on board, Thailand’s aviation officials have urged five Thai airlines to conduct thorough safety inspections of THEIR Boeing 737-800 aircraft. According to the Civil Aviation Authority of Thailand, leading domestic airlines, including Nok Air and Thai Lion, must obtain a Certificate of Airworthiness for all operational 737-800s. China Eastern…
- Thailand video news
Thailand News Update | Will Thailand scrap 2nd test for the Test and Go?
A meeting today with the CCSA where they will formerly discuss proposals regarding possible updates to Test and Go, the most popular option for the Thailand Pass online application system for international travellers. Although there’s been speculation that the controversial Day 5 PCR test may be dropped, we won’t know until alter today. The Thaiger will bring you up to…
- Thailand News
Government cracks down hard on pork hoarders
After Songkhla authorities accused one food company of hoarding 200 tonnes of pork in January, the government is on a mission to crack down on pork hoarding. Authorities have gotten more strict about storage and receiving procedures, and inspected 24.48 million kilograms of pork. They then seized 1.07 million kilograms of it that was hoarded. Pork prices are finally lowering…
- Economy News
Dusit Poll: 83% believe government can’t solve soaring prices
A new survey by Suan Dusit Rajabhat University finds that most people don’t feel that the government is capable of effectively dealing with the soaring prices of consumer goods with many saying they won’t be able to last 3 months with the current inflation levels. 82.69% of the people polled said they have either no confidence or very little confidence…
- Economy News
Thailand’s Commerce Ministry sets up war rooms to combat high prices
In an effort to take legal steps against merchants selling products at unfairly high prices, the Permanent Secretary of Thailand’s Ministry of Commerce Boonyarit Kalayanamit says he will chair war rooms to combat high prices. The secretary stated this yesterday in an urgent meeting with Commerce Minister Jurin Laksanawisit. The director-general of the Internal Trade Department under the Commerce Ministry,…
- World News
Burmese coup causes food prices to rise, income fall
As clashes between the military who took over the country in a coup Feb 1 and protestors in cities and insurgents in the countryside rage on, prices on necessities like food spike and many are going hungry in Myanmar. People who could once afford healthy, balanced meals of pork and vegetables and rice are now scraping by simple cheap foods…
- Economy News
Market down as good US economy drives interest rate fears
After US inflation exceeded targets and increased 4%, global stock markets including Thailand plummeted yesterday with fears of rising interest rates. Almost 144 billion baht was traded yesterday with the market at one point diving down 70 points in the late afternoon before recovering to a 23.72 point loss, closing at 1548.13. 2% is a high rate of inflation so…
- Economy News
Central Bank of Thailand voices concern over impact of economic slowdown
PHOTO: Thai PBS World The Bank of Thailand has expressed concern about the country’s rising household debt as a result of the sluggish economy. The bank’s assistant governor Titanun Mallikamas was speaking on Monday, in response to the National Economic and Social Development Council raising the matter at a press conference. “We are closely monitoring household debts, as Thai families…
- Business News
Thailand’s headline inflation surged over 1% in March
“The SCB Economics Intelligent Centre has revised down its forecast for average headline inflation in 2019 to 0.9% year on year, a slight decline from the previous forecast of 1.0%year on year.” Thailand’s headline inflation surged to 1.24%, year on year, during March. This is up from 0.73%, year on year, in the previous month. Food and energy prices are the…
