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THAILAND

Govt flashes cash in North

News, Phusadee Arunmas, Published on 20/03/2024

» The cabinet on Tuesday approved a 300-million-baht funding splash on 13 projects to be implemented in Phayao, Chiang Rai, Phrae and Nan to facilitate these northern provinces' tourism development.

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GENERAL

State spending to rise by 3.4% to B3.6tn

Business, Phusadee Arunmas, Published on 17/01/2024

» The cabinet has approved a budget of 3.6 trillion baht for fiscal 2025, with the budget deficit expanding to 713 billion baht.

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GENERAL

Ministry aiming to sign 3 FTAs in 2024

Business, Phusadee Arunmas, Published on 10/01/2024

» The Commerce Ministry is aiming to sign three free trade agreements (FTA) this year, including two new agreements with Sri Lanka and the European Free Trade Association (EFTA).

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GENERAL

Private hospitals urged to cap prices

Business, Phusadee Arunmas, Published on 09/12/2023

» The Internal Trade Department is asking for coordination from private hospitals to help cap drug prices and medical service charges in a bid to reduce the cost of living.

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GENERAL

Commission preps digital guidelines

Business, Phusadee Arunmas, Published on 10/10/2023

» The Trade Competition Commission's study on guidelines for digital platform businesses is likely to be completed late this year, with the guidelines expected to be issued early next year.

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GENERAL

Ministry sets target of B1.2tn in cross-border trade in 2024

Business, Phusadee Arunmas, Published on 09/10/2023

» The Commerce Ministry set an ambitious goal to increase cross-border trade value to 1.2 trillion baht in the upcoming year, representing 20% growth from an estimated 1 trillion this year.

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GENERAL

Commission to set guidelines for digital platforms, prices

Business, Phusadee Arunmas, Published on 17/08/2023

» The Trade Competition Commission is preparing to issue guidelines for digital platform businesses and recommended pricing after observing an increase in unfair practices.

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BUSINESS

Price controls get one-year extension

Phusadee Arunmas, Published on 16/06/2023

» The Ministry of Commerce has extended price controls on 51 products and services for another year. The extension will expire on June 30, 2024.

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BUSINESS

Department clamps down on protected wood shipments

Business, Phusadee Arunmas, Published on 15/06/2023

» The Commerce Ministry has issued two regulations prohibiting the importation of timber, processed wood and wooden artefacts, unless traders hold a certificate of import, in addition to barring phayung (Siamese rosewood) exports.

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BUSINESS

CPF income set to rise by 7-8%

Business, Phusadee Arunmas, Published on 13/06/2023

» Charoen Pokphand Foods (CPF), the SET-listed flagship of food and agribusiness conglomerate CP Group, expects its total revenue to increase by 7-8% to 610-620 billion baht this year, attributed mainly to contributions from its international business, particularly the Philippines, where the firm's animal feed business is growing.