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BUSINESS

Government greenlights potash mine

Business, Chatrudee Theparat, Published on 29/06/2022

» The cabinet on Tuesday gave the Asia Pacific Potash Corporation (APPC), a wholly owned subsidiary of Italian-Thai Development Plc, permission to embark on a 36-billion-baht potash mining project in Udon Thani.

BUSINESS

Bid to help HR flourish in EEC

Business, Chatrudee Theparat, Published on 15/06/2022

» The Eastern Economic Corridor (EEC) Office has teamed up with two Swiss companies to upgrade human resources in the high technology and medical industries in a move to accelerate Thailand's economic and social development in the corridor.

BUSINESS

Unemployment rate falls to 2-year low

Business, Chatrudee Theparat, Published on 24/05/2022

» Thailand's unemployment rate dropped in the first quarter to its lowest level since the start of the pandemic, boosted by higher employment both in the agricultural and non-agricultural sectors, as the economy gradually recovers.

BUSINESS

Chinese lockdowns hitting Thai producers

Business, Chatrudee Theparat, Published on 23/05/2022

» China's lockdowns in big cities are having an adverse effect on the Thai manufacturing sector and its supply chains, with the problems likely to continue, warns the National Economic and Social Development Council (NESDC).

BUSINESS

Growth cut due to inflation, slowdown

Business, Chatrudee Theparat, Published on 18/05/2022

» Mounting pressure from inflation, energy prices, the global economic slowdown and the prolonged conflict between Russia and Ukraine prompted the government's planning agency to lower its economic growth forecast yesterday to 2.5-3.5% for the year, down from the previous forecast of 3.5-4.5% in February.

BUSINESS

State preps perks for new economic corridors

Business, Chatrudee Theparat, Published on 17/05/2022

» The government is set to offer the highest level of incentives for investors in the bio-, circular and green (BCG) economy, innovation and high technology, R&D that increases the value of products, and human resources development to supply four new regional economic corridors.

BUSINESS

Diesel subsidies to be extended

News, Chatrudee Theparat, Published on 11/05/2022

» The government will likely extend its diesel price subsidy programme that is due to end on May 20, Prime Minister Prayut Chan-o-cha said on Tuesday.

BUSINESS

State to let some prices rise, minister concedes

Business, Chatrudee Theparat, Published on 11/05/2022

» Commerce Minister Jurin Laksanawisit has admitted that certain products will be allowed to increase their prices because of higher oil costs, which directly affect production costs and transport fees.

THAILAND

Thai silk fair buoys homegrown talent as Covid stymies travel

News, Chatrudee Theparat, Published on 06/05/2022

» The annual Thai silk fair will focus on showcasing collections by 318 fashion design students and teachers from 73 local institutions rather than international designers this year, as the Covid pandemic has yet to end.

BUSINESS

Cabinet okays Covid-related tax cuts

Business, Chatrudee Theparat, Published on 27/04/2022

» The cabinet on Tuesday approved extending tax measures for individuals and companies that donate to the government; import medicines, medical supplies and medical equipment for public charity; and buy antigen test kits (ATK) for their employees.