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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

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.

BUSINESS

State preps perks for new economic corridors

Business, Chatrudee Theparat, Published on 17/05/2022

» The government is set to offer the highest level of incentives for investors in the bio-, circular and green (BCG) economy, innovation and high technology, R&D that increases the value of products, and human resources development to supply four new regional economic corridors.

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BUSINESS

EEC Office banking on Japanese investors

Business, Chatrudee Theparat, Published on 16/05/2022

» The Eastern Economic Corridor (EEC) Office is keen to draw Japanese investment in electric vehicles, smart electronics, semiconductors, pharmaceuticals and medical devices, digital, smart farms, the bio-, circular and green (BCG) economic model and smart cities over the next decade.

BUSINESS

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.

BUSINESS

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.

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BUSINESS

Co-payment scheme to be extended

Business, Chatrudee Theparat, Published on 07/05/2022

» The government has pledged to implement a fifth phase of the "Khon La Khrueng" co-payment subsidy scheme after Friday approving tourism stimulus packages to revitalise the embattled sector.

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BUSINESS

New regional zones approved by panel

Business, Chatrudee Theparat, Published on 06/05/2022

» The Special Economic Zone Policy Committee chaired by the prime minister yesterday approved four new special economic corridors, meant to resemble the flagship Eastern Economic Corridor (EEC), in a move to spur the economy and decentralise income to the regions.

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THAILAND

Thai silk fair buoys homegrown talent as Covid stymies travel

News, Chatrudee Theparat, Published on 06/05/2022

» The annual Thai silk fair will focus on showcasing collections by 318 fashion design students and teachers from 73 local institutions rather than international designers this year, as the Covid pandemic has yet to end.

BUSINESS

NESDC, private sector team up to promote SDGs

Business, Chatrudee Theparat, Published on 03/05/2022

» The National Economic and Social Development Council (NESDC), which is the state planning unit, has joined forces with private firms to help the government achieve its sustainable development goals (SDGs).