Thai finance ministry mulls handouts for farmers World

Thai finance ministry mulls handouts for farmers

Thailand’s Ministry of Finance met on April 9 to hash out details of a planned cash handout for almost 9 million farmers to inject liquidity into the economy amid the slowdown brought on by the COVID-19 outbreak.
Thailand at risk of economic depression in H1 due to COVID-19 World

Thailand at risk of economic depression in H1 due to COVID-19

Thailand is on course for an economic recession in the first half of this year, with its 2020 GDP being forecast to decrease 0.3 percent from the previous 1.8 percent as a result of the COVID-19 outbreak, according to the Siam Commercial Bank’s Economic Intelligence Centre (EIC).
Thailand launches new economic stimulus package World

Thailand launches new economic stimulus package

The Thai government has freshly launched an economic stimulus package worth 21.8 billion THB (680 million USD) to deal with signs of an economic slowdown and spur domestic consumption to offset weaker exports.