Schools, stadiums to open next : A panel under the Centre for Covid-19 Situation Administration (CCSA) yesterday approved proposals for a return to normalcy in the country by allowing schools, sports stadiums, public transport and meals on flights, National Security Council (NSC) secretary-general Gen Somsak Roongsita said. Bangkok Post
TAT sets B296bn bar for 2021 revenue : Worst-case scenario sees international tourist arrivals in final quarter of next year. The Tourism Authority of Thailand (TAT) envisions three scenarios for the recovery pace of Thai tourism next year, with the worst case a contraction of international revenue to 296 billion baht. Bangkok Post
FTI: B1tn loan needed for recovery : The government may need to borrow an additional 1 trillion baht to address the impact of the coronavirus pandemic, says the Federation of Thai Industries (FTI). Bangkok Post
OTCC gains direct authority on fair trade : The Trade Competition Commission, earlier dubbed a paper tiger under the last iteration of Thailand’s competition law, the Trade Competition Act of 1999, vows to tighten its role in curbing monopolies and ensuring fair trade competition in the country. Bangkok Post
Legal aid for retail investors in the works : The Thai Investors Association (TIA) will set up a special unit to help retail investors damaged by capital market transactions, enabling them to file class action lawsuits against those engaged in unfair practices. Bangkok Post
Unity changes call : Constitution too divisive, says panel. A report will be debated in the House today on forging national reconciliation which could partially set the tone for a future constitutional amendment, says a source in the House of Representatives. : Bangkok Post
Firms urged to hurry up for peak deductions : The Revenue Department is urging the private sector to accelerate investment to benefit from the highest tax deduction of 2.5 times. Bangkok Post
ADT chief readies wellness package to tap elderly market : The newly elected president of the Association of Domestic Travel (ADT) aims to offer a wellness tourism package targeting the elderly to help shore up the stagnant domestic market struggling with the fallout from the outbreak. Bangkok Post
New centre to rehabilitate economy : 22-committee body to be chaired by PM. The cabinet yesterday gave the green light to establish a centre to handle the country’s economic rehabilitation from the coronavirus crisis. Bangkok Post
FPO: B758bn available for outbreak rebuilding : The government has a combined annual fiscal budget of 758 billion baht for fiscal 2020 and 2021 to remedy the coronavirus crisis, says the Fiscal Policy Office (FPO). Bangkok Post
Who are they borrowing the Trillion Baht from
from another article in the BKK Post I saw if they get to a certain level of debt then the IMF will galdly step in with a loan, I hope not
kelvin
Who are they borrowing the Trillion Baht from
from another article in the BKK Post I saw if they get to a certain level of debt then the IMF will galdly step in with a loan, I hope not
Pon
Domestically financed. Funds/banks/insurance/retail.