Showing 1 - 10 of 315
Government greenlights potash mine
Business, Chatrudee Theparat, Published on 29/06/2022
» The cabinet on Tuesday gave the Asia Pacific Potash Corporation (APPC), a wholly owned subsidiary of Italian-Thai Development Plc, permission to embark on a 36-billion-baht potash mining project in Udon Thani.
Cabinet extends low-income aid
Business, Chatrudee Theparat, Published on 22/06/2022
» The cabinet on Tuesday approved extending the existing measures for three months devised to alleviate the hardship of low-income earners from the surge in oil prices.
Importance of EVs touted by minister
Business, Chatrudee Theparat, Published on 18/06/2022
» Electric vehicles (EV) are expected to transform Thailand's automotive industry in five years and are instrumental in driving Thailand to become an EV hub in Asia during that period, says Energy Minister Supattanapong Punmeechaow.
EU sanctions will keep oil prices high for 1-2 years
Business, Chatrudee Theparat, Published on 02/06/2022
» The EU's latest decision to ban most oil imports from Russia because of its invasion of Ukraine is expected to keep energy prices elevated for 1-2 years, says Kobsak Pootrakul, senior executive vice-president of Bangkok Bank.
State mulls incentives to drive green push
Business, Chatrudee Theparat, Published on 30/05/2022
» The government is considering the provision of tax incentives for companies that participate in the government's ongoing efforts to reduce carbon dioxide emissions.
Cabinet okays extension of hotel subsidy scheme
Business, Chatrudee Theparat, Published on 25/05/2022
» The cabinet has acknowledged the extension of the fourth phase of the "We Travel Together" hotel subsidy scheme to assist the tourism sector.
Unemployment rate falls to 2-year low
Business, Chatrudee Theparat, Published on 24/05/2022
» Thailand's unemployment rate dropped in the first quarter to its lowest level since the start of the pandemic, boosted by higher employment both in the agricultural and non-agricultural sectors, as the economy gradually recovers.
Growth cut due to inflation, slowdown
Business, Chatrudee Theparat, Published on 18/05/2022
» Mounting pressure from inflation, energy prices, the global economic slowdown and the prolonged conflict between Russia and Ukraine prompted the government's planning agency to lower its economic growth forecast yesterday to 2.5-3.5% for the year, down from the previous forecast of 3.5-4.5% in February.
Diesel subsidies to be extended
News, Chatrudee Theparat, Published on 11/05/2022
» The government will likely extend its diesel price subsidy programme that is due to end on May 20, Prime Minister Prayut Chan-o-cha said on Tuesday.
State to let some prices rise, minister concedes
Business, Chatrudee Theparat, Published on 11/05/2022
» Commerce Minister Jurin Laksanawisit has admitted that certain products will be allowed to increase their prices because of higher oil costs, which directly affect production costs and transport fees.