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BUSINESS

New fund may finance electric rail lines

Business, Wichit Chantanusornsiri, Published on 02/02/2026

» The State Enterprise Policy Office (Sepo) is studying guidelines for establishing a 200-billion-baht Thailand Future Fund to acquire all electric railway projects in Bangkok and surrounding areas, bringing them under state ownership.

BUSINESS

Whither populism?

Business, Wichit Chantanusornsiri, Published on 16/01/2026

» Compared with the previous election, when some parties promised to distribute hundreds of billions of baht in cash and others pledged infrastructure projects worth trillions, the level of populism in campaign pledges during this election appears to have declined, which academics see as a positive development.

BUSINESS

Agency preps plan for the silver economy

Business, Wichit Chantanusornsiri, Published on 02/12/2025

» The government planning unit is crafting a comprehensive strategy for the "silver economy", a market valued at 2.45 trillion baht and projected to grow significantly as the nation transitions to an aged society.

BUSINESS

Co-pay scheme expects 900,000 stores

Business, Wichit Chantanusornsiri, Published on 16/10/2025

» The government kicked off retail shop registration yesterday for the "Khon La Khrueng Plus" co-payment scheme, expecting participation from at least 900,000 stores and an estimated 88 billion baht in economic circulation.

BUSINESS

Buyback of Bangkok train lines expected next year

Wichit Chantanusornsiri, Published on 18/06/2025

» The Thai government’s plan to buy back the concessions of all electric train lines in an effort to make public transport more affordable is likely to be concluded by next year, officials say.

BUSINESS

Finance Minister Pichai sees B3tn for stimulus funds

Business, Wichit Chantanusornsiri, Published on 14/11/2024

» The government has a budget of up to 3 trillion baht available for economic stimulus over the next four years, says Finance Minister Pichai Chunhavajira.

BUSINESS

Ministries eye concessions for Bangkok train lines

Business, Wichit Chantanusornsiri, Published on 16/09/2024

» The Finance Ministry and Transport Ministry have begun exploring the idea of acquiring the concessions for seven electric train lines, valued at roughly 500 billion baht, to bring them under state ownership.

BUSINESS

Nation aims to be upper-income by 2027

Business, Wichit Chantanusornsiri, Published on 03/10/2023

» The government will turn Thailand into an upper-income country within four years, says Prime Minister Srettha Thavisin.

BUSINESS

Oil Fuel Fund set to borrow billions

Business, Wichit Chantanusornsiri, Published on 10/05/2022

» The Oil Fuel Fund is expected to finish negotiations with banks this month as it looks to borrow heavily to boost its liquidity, says the Finance Ministry's deputy permanent secretary Theeraj Athanavanich.

BUSINESS

Minister suggests arrivals unlikely to meet forecast

Business, Wichit Chantanusornsiri, Published on 28/12/2021

» The number of international tourists next year might be lower than the Finance Ministry's forecast because of the impact of the Omicron coronavirus variant, said Finance Minister Arkhom Termpittayapaisith.