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BUSINESS

PPP Act restricts scope to basic projects

Business, Wichit Chantanusornsiri, Published on 12/02/2019

» The PPP Promotion Act, which already passed through the National Legislative Assembly (NLA), stipulates only basic infrastructure projects and public services can be invested in jointly by the public and private sectors, says the head of the State Enterprise Policy Office (Sepo).

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BUSINESS

Thailand Future Fund IPO delayed by cost concerns

Business, Wichit Chantanusornsiri, Published on 08/05/2017

» The planned initial public offering (IPO) of the Thailand Future Fund (TFF) will be pushed back for another three months to September as concerns over the cost of launching the fund continue.

THAILAND

Sepo secures expressways for Thailand Future Fund

Business, Wichit Chantanusornsiri, Published on 01/05/2017

» The State Enterprise Policy Office (Sepo) has managed to convince the Transport Ministry to put two expressways as underlying assets for Thailand Future Fund (TFF), which the ministry had earlier feared would have high financial costs.

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THAILAND

Department mulls hiking taxes

Business, Wichit Chantanusornsiri, Published on 10/05/2016

» The Excise Department is studying a plan to impose higher taxes on fuel, alcohol, beer, tobacco and telecommunications services with the aim of doubling revenue to almost 1 trillion baht by 2027.

BUSINESS

More help on way for farm sector

Business, Wichit Chantanusornsiri, Published on 08/03/2016

» The government will introduce a new stimulus package aimed at spurring the grassroots economy and cushioning the impact of the drought on the farm sector.

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BUSINESS

Fiscal 2015 revenue collection off target

Business, Wichit Chantanusornsiri, Published on 23/10/2015

» State revenue collection for fiscal 2015 missed the target by 5.1% due largely to the lacklustre economy and soft oil price.

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BUSINESS

Higher PPP investment limit urged

Business, Wichit Chantanusornsiri, Published on 11/09/2015

» The government hopes to ease its public debt burden by luring the private sector to invest more in multibillion-baht infrastructure projects, especially in telecommunications and transport, through public-private partnerships (PPPs).

TECH

RS awaits compensation

Business, Wichit Chantanusornsiri, Published on 29/07/2014

» The Comptroller-General's Department has set up a committee to consider compensation to RS Plc for providing free live broadcasts of all 2014 Fifa World Cup matches.

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OPINION

The awful truth about rice pledging will out

News, Wichit Chantanusornsiri, Published on 13/06/2013

» The controversial rice-pledging scheme has caused a bad stink. While there is escalating pressure for the government to clarify the scale of the losses suffered by the programme, following warnings by Moody's Investors Service that they might threaten the country's credit rating, the ministers involved have remained tight-lipped.

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BUSINESS

Treading the fine line

Business, Wichit Chantanusornsiri, Published on 24/09/2012

» Political leaders have long considered it their prerogative to put their own people into positions of power, whether it be in the civil service, security forces or state enterprise boards.