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Search Result for “subsidies”

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GENERAL

Army of Chinese travel agents en route to Thailand

Molpasorn Shoowong, Published on 22/05/2025

» Thailand’s tourism industry is preparing to welcome 500 Chinese travel agents and media members at the end of this month, hoping to revive a market that has plunged 32% compared with a year ago.

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GENERAL

Vietnam cuts renewable power subsidies

Published on 22/05/2025

» HANOI — Vietnam’s state power utility has cut the previously agreed subsidised prices it pays for electricity from some solar and wind farms, which now risk defaulting on their debts with banks, according to an investors’ petition seen by Reuters.

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GENERAL

Index dips to lowest level since October 2024

Business, Lamonphet Apisitniran, Published on 20/05/2025

» The Thai Industries Sentiment Index (TISI) fell to 89.9 points in April, the lowest level since October 2024, due to a raft of factors ranging from US President Donald Trump's tariff policy to the Songkran holiday, said the Federation of Thai Industries (FTI).

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MOTORING

Call for light touch on missed EV targets

Lamonphet Apisitniran, Published on 19/05/2025

» Electric vehicle (EV) manufacturers in Thailand are calling on the government to maintain subsidies and cancel fines for those failing to meet state production targets as the automotive industry slows to a crawl.

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GENERAL

Tourism groups prepare proposals to offset crisis

Molpasorn Shoowong, Published on 14/05/2025

» The Federation of Thai Tourism Associations (Fetta) plans to submit a proposal to the prime minister in person this month, requesting a concrete plan to restore confidence and avoid a crisis.

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OPINION

Green energy has become a pricey delusion

Oped, Bjorn Lomborg, Published on 13/05/2025

» Ask families in Germany and the UK what happens when more and more supposedly cheap solar and wind power is added to the national power mix, and they can tell you by looking at their utility bills: it gets far more expensive. This goes against everything that we're being told. Green energy is supposed to be incredibly cheap. But we're not hearing the real story.

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GENERAL

Tourism in the doldrums

Business, Post Reporters, Published on 12/05/2025

» The tourism industry posted underwhelming results for the first four months this year as the international market contracted by 0.2% year-on-year.

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INVESTMENT

Trump's China signals give shares a lift

Business, Published on 10/05/2025

» RECAP: Asian stocks advanced yesterday after US President Donald Trump announced a trade deal with the UK and signalled that tariffs on Chinese goods may fall if preliminary talks this weekend in Switzerland go well.

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GENERAL

Solar rooftop market poised to heat up in Thailand

Business, Yuthana Praiwan, Published on 09/05/2025

» Competition in Thailand's solar rooftop market is expected to intensify, driven by lower prices, greater supply from producers and the government's promotion of renewable energy.

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GENERAL

Oil fund loss likely to evaporate in H2

Yuthana Praiwan, Published on 06/05/2025

» The state Oil Fuel Fund’s huge loss of 47.7 billion baht is expected to be wiped out this year thanks to a decrease in global crude oil prices, says an Energy Ministry official.