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BUSINESS

Agencies instructed to rev up organic rice drive

Business, Chatrudee Theparat, Published on 02/05/2022

» The government has ordered responsible agencies to speed up the promotion of organic rice to raise the income of farmers and create sustainability in the farm sector.

BUSINESS

Call for focus on key drivers as conflict takes a toll

Business, Chatrudee Theparat, Published on 19/04/2022

» The government is being urged to concentrate on infrastructure development, private investment and tourism to boost growth, now that exports and household consumption are unlikely to be key economic contributors due to the Russia-Ukraine war.

BUSINESS

Study trims growth to 3% if crude averages $150

Business, Chatrudee Theparat, Published on 25/03/2022

» Thai economic growth may fall to 3% this year if the Dubai crude oil price averages US$150 per barrel, according to a joint study by the government's planning unit, the Bank of Thailand and the Fiscal Policy Office.

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BUSINESS

NESDC warns rapidly ageing society likely to hit economy

Business, Chatrudee Theparat, Published on 21/03/2022

» The increase in elderly among the Thai population and declining birth rate are expected to hinder the country's future economic expansion, according to a new study by the government's planning unit.

THAILAND

Prayut orders SOEs to smarten up

News, Chatrudee Theparat, Published on 17/03/2022

» Prime Minister Prayut Chan-o-cha has ordered state-owned enterprises (SOEs) to revise their development plans for 2023-2027 to focus on making more money and help offset various crises.

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BUSINESS

Cabinet ups Oil Fund borrowing

Business, Chatrudee Theparat, Published on 16/03/2022

» The cabinet on Tuesday approved lifting the borrowing limits for the state Oil Fund to allow for management flexibility, a move that offers the government more room to cope with surging fuel prices caused by the Russia-Ukraine conflict.

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BUSINESS

Loans capped for Oil Fund to be lifted

Chatrudee Theparat, Published on 09/03/2022

» The National Energy Policy Committee (NEPC) on Wednesday resolved to remove the 40-billion-baht cap on loans to support the Oil Fund in the wake of the Russian invasion of Ukraine.

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THAILAND

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.

BUSINESS

State feels existing EEC target can be met

Business, Chatrudee Theparat, Published on 07/03/2022

» The rapid spread of Omicron infections and the escalating Russia-Ukraine conflict are expected to affect the country's investment prospects this year, but the government remains optimistic that investment in its flagship Eastern Economic Corridor (EEC) can reach 2.2 trillion baht over the next five years as projected.

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BUSINESS

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).