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Thai Government introduces financial security packages for freelancers

With a mission to improve the livelihoods of some 19.6 million informal workers, Ms. Rachada said the Cabinet has approved in principle the draft informal worker’s welfare and protection bill Read the rest of Thai Government introduces financial security packages for freelancers on Thailand Business News
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Two years ago: Thailand reports first case of Covid-19 outside China

On January 3, a few days after authorities reported a cluster of atypical pneumonia in Wuhan, Thailand started to screen passengers from China for symptoms of acute respiratory infection. Read the rest of Two years ago: Thailand reports first case of Covid-19 outside China on Thailand Business News
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Omicron key risk to Thailand’s economic recovery

Thailand’s outbreak of the Omicron coronavirus variant could have a bigger impact than expected on an economic recovery, according to the Bank of Thailand latest last policy meeting.

According to the Ministry of Public Health, the country is entering a new wave of COVID-19 infections, following the long New Year holidays, with over 2,000 cases of the Omicron variant of coronavirus detected in Thailand to date

Thus the Omicron outbreak could have more widespread, severe, and prolonged effects than the baseline projection, depending on the severity of the situation and the strictness of containment measures.

Looking ahead, global financial markets would remain highly volatile according to Bank of Thailand given:

(1) the risk that central banks could adopt a faster pace of monetary policy normalization to curb high inflation,

(2) the spread of Omicron that could hamper the global economic recovery

(3) the …

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