Showing 1 - 10 of 54
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 vows to expedite EEC projects
Business, Chatrudee Theparat, Published on 10/03/2022
» The government vows to accelerate key investment infrastructure projects in the Eastern Economic Corridor (EEC) and pledges to ensure transparency and fairness to the private sector.
State slashes excise tax on fuels used by Egat
Business, Chatrudee Theparat, Published on 09/03/2022
» The cabinet on Tuesday approved cutting the excise tax on diesel and bunker oil used to generate electricity by the Electricity Generating Authority of Thailand (Egat) to zero in a bid to lower electricity bills for six months.
Energy costs prompt crisis talks
News, Chatrudee Theparat, Published on 09/03/2022
» The National Energy Policy Committee (NEPC) will on Wednesday discuss measures to deal with soaring energy prices, including efforts to maintain the cap on diesel prices at below 30 baht a litre.
Premier prioritises debt measures
Business, Chatrudee Theparat, Published on 04/03/2022
» Prime Minister Prayut Chan-o-cha ordered his advisory team and related state agencies on Thursday to map out measures to ease household debt and the cost of living, as well as accelerate infrastructure development and stimulate investment in the Eastern Economic Corridor (EEC).
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.
Chicken items added to price control list
Business, Chatrudee Theparat, Published on 25/01/2022
» The cabinet on Monday greenlighted a proposal to include chickens and chicken meat on the state price control list and tougher measures for chicken raisers, slaughterhouses and feed meal factories.
Foreign property lures are rejected
Business, Chatrudee Theparat, Published on 22/01/2022
» The Centre for Economic Situation Administration (CESA) chaired by Prime Minister Prayut Chan-o-cha on Friday put the brakes on proposals to increase foreign ownership quotas for condominiums from 49% and expand property leasehold rights for foreigners from 30 years to 50 years.
Cabinet approves VAT extension
Business, Chatrudee Theparat, Published on 25/08/2021
» The cabinet on Tuesday approved the extension of the 7% value-added tax (VAT) rate for another two years to help reduce the financial burden of consumers, enhance business confidence and boost economic recovery.
Debt avalanche may curb consumption
Business, Chatrudee Theparat, Published on 05/07/2021
» Rising household debt may slow the country's economic recovery, as people use their income to repay debt rather than spend on consumption, warns the government's planning unit.