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GENERAL

Meeting prioritises household debt issue

Business, Phusadee Arunmas, Published on 16/07/2024

» The economic cabinet has directed the Finance Ministry and the Bank of Thailand to expedite addressing household debt, particularly bad debts in housing, cars, motorcycles, credit cards and student loans as the economy has yet to see clear signs of recovery.

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GENERAL

Top-earning businesses revealed

Business, Phusadee Arunmas, Published on 16/07/2024

» The Department of Business Development has revealed the top 10 types of businesses with the highest level of income in 2023.

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THAILAND

PM gives E-wallet start date

News, Phusadee Arunmas, Published on 16/07/2024

» Registration for the 10,000-baht digital wallet handout will kick off on Aug 1, according to Prime Minister Srettha Thavisin.

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GENERAL

Talks start over Thai-Korean economic deal

Business, Phusadee Arunmas, Published on 15/07/2024

» South Korea and Thailand held their first talks over an economic partnership agreement (EPA) on July 9-11, seeking to pave the way for a free trade deal between the two countries by late 2025.

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THAILAND

Winning rice bidder disqualified, 3 firms left

Phusadee Arunmas, Published on 13/07/2024

» The government will soon wrap up its sale by auction of 15,000 tonnes of rice left over from the Yingluck Shinawatra administration's rice-pledging scheme, according to Deputy Prime Minister and Commerce Minister Phumtham Wechayachai.

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GENERAL

Consumer confidence slips again in June

Business, Phusadee Arunmas, Published on 12/07/2024

» Thai consumer confidence dropped for a fourth straight month in June, falling to its lowest level since October last year on concerns over a global slowdown and political uncertainty, according to a survey carried out by the University of the Thai Chamber of Commerce (UTCC).

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GENERAL

Team signs rice deal with Philippines worth B2.8bn

Business, Phusadee Arunmas, Published on 11/07/2024

» The Commerce Ministry led a team of rice exporters to the Philippines, signing memorandums of understanding (MoUs) on rice trade worth 2.8 billion baht.

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GENERAL

Online service aids foreign enterprises in Thailand

Business, Phusadee Arunmas, Published on 10/07/2024

» The Department of Business Development (DBD) plans to introduce a new online service dubbed e-Foreign Business to help foreign investors apply for permission to operate a business, which is expected to be operational this month.

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THAILAND

Govt yet to ask council about BAAC wallet funds

News, Phusadee Arunmas, Published on 10/07/2024

» The government has yet to ask the Council of State for legal advice on the use of funds from the Bank for Agriculture and Agricultural Cooperatives (BAAC) to partly finance the digital wallet scheme, Pakorn Nilprapunt, the council's secretary-general, said.

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MOTORING

Chinese EV price cuts get TCCT green light

Phusadee Arunmas, Published on 08/07/2024

» The Trade Competition Commission of Thailand (TCCT) says price wars among electric vehicle (EV) dealerships do not violate the trade competition law, but rather foster competition.