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BUSINESS

PM urges insurers to step up flood payouts

Business, Wichit Chantanusornsiri, Published on 28/11/2025

» Prime Minister Anutin Charnvirakul has instructed insurance companies to expedite payouts for home and car insurance claims in the flood-affected areas in southern Thailand, with claimants only required to submit photos via Line or other designated channels to insurance companies as evidence.

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BUSINESS

Laem Chabang Port upgrade okayed

Business, Wichit Chantanusornsiri, Published on 08/05/2025

» The Public-Private Partnership (PPP) Committee has approved the Laem Chabang Port Terminal B1 and B2 improvement projects, with a combined investment value of 12.8 billion baht, aiming to enhance the competitiveness of the regional port.

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BUSINESS

US to strictly enforce origin verification for exports

Business, Wichit Chantanusornsiri, Published on 28/04/2025

» The US has targeted 50-60 products for strict origin verification to prevent the circumvention of trade rules through false claims of origin for exports to the US, according to Finance Minister Pichai Chunhavajira.

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BUSINESS

A closer inspection of negative income tax

Business, Wichit Chantanusornsiri, Published on 29/08/2024

» The first vision statement by former premier Thaksin Shinawatra, after 17 years away from Thailand, has garnered interest on several points, including the proposal of a negative income tax (NIT).

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BUSINESS

Low-cost rent policy targets low-income people, farmers

Business, Wichit Chantanusornsiri, Published on 29/06/2024

» The Finance Ministry has announced a policy to allot 260,000 rai of state land to low-income individuals and farmers at minimal rental rates.

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BUSINESS

Exim Bank's tools can help SMEs survive, thrive

Business, Wichit Chantanusornsiri, Published on 08/12/2021

» Although many parties share common views on a better economic outlook for Thailand and the world next year, small and medium-sized enterprises (SMEs) might still have no good reason to celebrate, said Rak Vorrakitpokatorn, president of Export-Import Bank of Thailand (Exim Bank).

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BUSINESS

Mo Chit Complex contract soon

Business, Wichit Chantanusornsiri, Published on 25/02/2021

» The Treasury Department is preparing to sign a contract for the Mo Chit Complex project worth 26 billion baht, after 25 years of delays, says director-general Yuttana Yimgarund.

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BUSINESS

Ministry sees four-year test for tourism sector

Business, Wichit Chantanusornsiri, Published on 03/12/2020

» The tourism industry, which accounts for 12% of Thailand's GDP, is expected to take at least four years to recover to the pre-pandemic levels, says the Finance Ministry.

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BUSINESS

NSF recruits Grab riders

Business, Wichit Chantanusornsiri, Published on 30/10/2020

» The National Savings Fund (NSF) has joined hands with Grab, a ride-hailing, food delivery and payments firm, to support around 100,000 Grab riders in reaching sufficient retirement savings.

BUSINESS

GH Bank urges larger home pool

Business, Wichit Chantanusornsiri, Published on 20/02/2020

» State-owned GH Bank is set to propose the Finance Ministry raise the ceiling price of homes entitled to the bank's low-rate mortgages under the government's 1-million-unit budget residential scheme to 1.2 million baht per unit from 1 million, but the new maximum will be restricted to those located in Greater Bangkok.