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BUSINESS

BoI, funds support key R&D projects

Business, Chatrudee Theparat, Published on 06/06/2022

» The government looks set to tap into the Global Partnership Fund and Competitiveness Fund as tools to draw foreign investment in high technology and targeted industries.

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BUSINESS

Prayut urges steady interest rates

Business, Chatrudee Theparat, Published on 08/06/2022

» Prime Minister Prayut Chan-o-cha called on the central bank to maintain its policy interest rate on Tuesday to curb a capital flight and support the domestic economy.

BUSINESS

BoI approves B209.5bn of investment projects

Business, Chatrudee Theparat, Published on 14/06/2022

» The Board of Investment (BoI) on Monday approved a combined 209.5 billion baht worth of investment applications in manufacturing and infrastructure projects, including 36.1 billion baht by Horizon Plus Co, a joint venture between Taiwan's Foxconn and Thailand's PTT Plc, to make battery electric vehicles (EVs).

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BUSINESS

Govt eyes slice of refineries' pie

News, Chatrudee Theparat, Published on 14/06/2022

» The government will consider using profits from oil refinery margins to help support the Oil Fuel Fund as it continues to subsidise fuel prices despite having slipped 85 billion baht into the red.

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BUSINESS

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.

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BUSINESS

Sugar cane loans to get state subsidy

Business, Chatrudee Theparat, Published on 31/05/2022

» The cabinet on Monday approved fresh measures to convince sugar cane farmers to boost their productivity and reduce burning.

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BUSINESS

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.

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BUSINESS

New corridors poised to draw B313bn by 2032

Business, Chatrudee Theparat, Published on 26/05/2022

» New regional economic corridors are estimated to draw a combined 313 billion baht worth of state and private investment between 2022 and 2032, according to a recent study.

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BUSINESS

Chinese lockdowns hitting Thai producers

Business, Chatrudee Theparat, Published on 23/05/2022

» China's lockdowns in big cities are having an adverse effect on the Thai manufacturing sector and its supply chains, with the problems likely to continue, warns the National Economic and Social Development Council (NESDC).

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BUSINESS

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.