TAT wants vaccine passport policy: Long-haul market slipping from grasp. Thailand should have a clear-cut plan on a vaccine passport by June if plans to reopen the international market by the fourth quarter are kept, according to the Tourism Authority of Thailand (TAT). Bangkok Post
SME bad loans peak in Q4 of 2020: Non-performing loans (NPLs) of small and medium-sized enterprises (SMEs) peaked in last year’s final quarter after businesses endured a big impact from the pandemic, especially those associated with the tourism industry, says the Bank of Thailand. Bangkok Post
FTI warns of energy impact on exports: Federation of Thai Industries (FTI) is warning Thai exporters to brace for non-tariff barriers (NTBs), likely to be imposed by developed countries on their products, if Thailand fails to increase the proportion of renewable energy in its energy portfolio. Bangkok Post
Exports edge up for second month: January shipments generate US$19.7bn. Exports rose for a second straight month in January, albeit at a slow pace, edging up by 0.35% from the same month of last year after a 4.71% year-on-year surge in December 2020. Bangkok Post
Sepo announces 4 PPP megaprojects: Four mega-infrastructure development projects, worth a combined 160 billion baht, will be developed this year under the public-private partnership (PPP) arrangement, says the State Enterprise Policy Office (Sepo). Bangkok Post
EGAT and the Army will put together a proposal for 30,000 MW solar energy plan to be submitted for approval in April, to be included in PDP if approved, with 50-60 private operators had expressed interests to join the program.
Jab arrivals signal new dawn: PM upbeat as 317k vaccine doses fly in. The first 317,000 doses of Covid-19 vaccines from Sinovac and AstraZeneca will arrive in Thailand today, with 200,000 of them to be distributed to the 13 provinces considered to be the highest-risk zones. Samut Sakhon, Chiang Mai and Tak will start vaccinating priority groups, including health workers, against Covid-19 from March 1.
Uni of Thai Chamber of Commerce said 3 key econ stimulus packages – the co-payment subsidy scheme, We Win financial aid program and the Section 33 We Love Each Other program – are instrumental to shoring up the country’s economy, boosting GDP by a combined 1.76 percentage points this year.
3 ministers get instant chop: Jail time after court’s PDRC protest ruling. A major reshuffle is on the cards after three cabinet ministers were among 26 people who were yesterday given varying jail sentences for their roles in street protests that ousted the Yingluck administration. Bangkok Post
UTCC: GDP boost from 3 packages: Three key economic stimulus packages – the co-payment subsidy scheme, We Win financial aid programme and the Section 33 We Love Each Other programme – are instrumental to shoring up the country’s economy, boosting the country’s economic growth by a combined 1.76 percentage points this year. Bangkok Post