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BUSINESS

Oil palm subsidy approved

Business, Chatrudee Theparat, Published on 23/02/2022

» The cabinet on Tuesday approved a 7.66-billion-baht budget to finance the state-sponsored price guarantee scheme for oil palm in the 2021/2022 season.

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THAILAND

Visa perks for wealthy long-stays

News, Chatrudee Theparat, Published on 23/02/2022

» The cabinet has approved a number of incentives for three foreign groups of taxpayers: high-income earners, retirees and those who want to work remotely from Thailand, said Finance Minister Arkhom Termpittayapaisith.

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THAILAND

Long-stay visa to waive personal income tax

Chatrudee Theparat, Published on 22/02/2022

» The cabinet has approved waiving personal income tax for three foreign groups of taxpayers: high-income earners, retirees and those who want to work remotely from Thailand, said Finance Minister Arkhom Termpittayapaisith.

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BUSINESS

NESDC bullish on growth prospects

Business, Chatrudee Theparat, Published on 22/02/2022

» The National Economic and Social Development Council (NESDC) is maintaining its 2022 forecast for economic growth at 3.5-4.5%, with the state planning unit expecting the government to successfully contain the spread of the Omicron variant without any more restrictions.

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BUSINESS

State advised to rejig manufacturing

Business, Chatrudee Theparat, Published on 17/02/2022

» The government is being urged to pay more serious attention to speeding up the production sector's restructuring to create new jobs and boost economic growth.

BUSINESS

Green light received for B40.82bn provincial plans

Business, Chatrudee Theparat, Published on 15/02/2022

» The government has approved provincial and provincial cluster development plans between 2023 and 2027 worth a combined 40.82 billion baht.

BUSINESS

Cabinet okays B41bn BCG action plan for 2022-27

Business, Chatrudee Theparat, Published on 09/02/2022

» The cabinet on Tuesday approved an action plan to drive bio-, circular and green (BCG) economic development between 2022 and 2027 with a total budget of almost 41 billion baht.

BUSINESS

Unemployment eases in Q4 of 2021

Business, Chatrudee Theparat, Published on 08/02/2022

» Thailand's unemployment rate eased in the fourth quarter of last year, and bachelor's degree holders still maintain the highest unemployment rate, according to the latest survey by the National Statistical Office.

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BUSINESS

Economy expected to make headway in H1

Business, Chatrudee Theparat, Published on 03/02/2022

» The Thai economy is likely to start recovering in the first half of this year thanks to the government's better control of Covid-19 infections, the state's economic stimulus measures as well as accelerated infrastructure development, says Deputy Prime Minister Supattanapong Punmeechaow.

BUSINESS

NHA scheme seeks funds for residential projects

Business, Chatrudee Theparat, Published on 01/02/2022

» The National Housing Authority (NHA) looks set to raise funds through a securitisation programme to construct 30,000 units of residential projects worth 18 billion baht this year for low-income earners and vulnerable people who require special assistance.