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BUSINESS

Agribusiness slow to adopt tech, far from 4.0

Business, Wichit Chantanusornsiri, Published on 27/11/2018

» Only 3% of the agricultural and food processing industry is considered part of the digitally-focused 4.0 era, despite being a crucial component of the economy and employing 15 million people, according to the University of the Thai Chamber of Commerce (UTCC).

BUSINESS

Plans halted for national holding firm

Business, Wichit Chantanusornsiri, Published on 29/10/2018

» The government has backed off a plan to set up a national holding company after a public outcry against a draft act on state-owned enterprise governance.

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BUSINESS

GSB platform to pool small shop purchasing

Business, Wichit Chantanusornsiri, Published on 23/10/2018

» State-owned Government Savings Bank (GSB) aims to attract 60,000 small shops and One Tambon One Product companies to participate in its sponsored online-to-offline (O2O) e-commerce platform to raise their bargaining power in purchasing goods from manufacturers.

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BUSINESS

Avalanche of bills seeking NLA approval

Business, Wichit Chantanusornsiri, Published on 17/09/2018

» The Finance Ministry is pushing about 80 bills, including those involved with imposing taxes on digital platform operators and the land and buildings tax, to lawmakers for passage before next year's general election.

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OPINION

Debt woes expose education integrity crisis

News, Wichit Chantanusornsiri, Published on 16/08/2018

» Recent stories about teacher and student loan defaults have shed light on a crisis of integrity within our education system.

BUSINESS

State enterprise bill snagged by tweaks

Business, Wichit Chantanusornsiri, Published on 30/05/2018

» The transfer of 11 corporatised state enterprises' shares owned by the Finance Ministry to a national holding firm as stipulated in a draft bill on reforming state-owned enterprises may have hit a wall after meeting strong opposition, says the State Enterprise Policy Office (Sepo).

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BUSINESS

Treasury revives 3 projects

Business, Wichit Chantanusornsiri, Published on 24/05/2018

» The Treasury Department's three long-delayed development projects -- the Mor Chit area, the construction of a boutique hotel on a prime plot of the east bank of the Chao Phraya River, and the expansion of Queen Sirikit National Convention Center (QSNCC) -- are expected to be revived soon.

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THAILAND

Customs chief tries to explain declaration directive

News, Wichit Chantanusornsiri, Published on 08/03/2018

» The Customs Department has tried to allay fears about a request for passengers to declare valuables before leaving the country, saying it is only a voluntary matter designed to help people returning to the country with the same items.

BUSINESS

Amended bill targeted to snub out conflicts of interest

Business, Wichit Chantanusornsiri, Published on 01/03/2018

» The amended draft bill on the Securities and Exchange Act will empower the Securities and Exchange Commission (SEC) board of directors to formulate a mechanism to govern investment of fund management companies, lessening their investment in products related to their parent firms.

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THAILAND

Utility bills next in line for welfare subsidies

Business, Wichit Chantanusornsiri, Published on 25/12/2017

» Utility subsidies will be an integral part of the third phase of the government's welfare scheme for poverty, aimed at further alleviating the living costs of the poor.