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BUSINESS

TikTok affirms B270bn outlay in Thailand

Business, Wichit Chantanusornsiri, Published on 06/02/2026

» TikTok has confirmed its long-term investment plan in Thailand worth 270 billion baht, according to caretaker finance minister Ekniti Nitithanprapas.

PROPERTY

Keen interest in 'Houses for Thais' project

Business, Wichit Chantanusornsiri, Published on 24/01/2025

» Thai people have shown great interest in the "Ban Puea Kon Thai' (Houses for Thais) project, a government-supported housing initiative, with the project's website receiving over 60 million visits in just four days.

THAILAND

Cannabis importer summoned

News, Wichit Chantanusornsiri, Published on 27/07/2022

» The Customs Department director-general has assigned a representative to file a complaint with police against an individual going by the name Julpaos Kresopon for making a false declaration to customs authorities regarding the type of goods he was importing.

BUSINESS

Forecast suggests EV tax changes will be gradual

Business, Wichit Chantanusornsiri, Published on 08/11/2021

» The Finance Ministry will maintain a balance between supporting existing manufacturers of internal combustion engine-powered cars and promoting electric vehicles (EVs) in its restructuring of the overall vehicle excise tax system, said a ministry source who requested anonymity.

THAILAND

Creditors put off key vote on THAI

News, Wichit Chantanusornsiri, Published on 13/05/2021

» Creditors yesterday postponed a vote on Thai Airways' (THAI) debt restructuring plan until next week.

BUSINESS

THAI's state status is 'up to creditors'

News, Wichit Chantanusornsiri, Published on 24/04/2021

» Whether the state enterprise status of Thai Airways International Plc (THAI) will be returned depends on creditors, Finance Minister Arkhom Termpittayapaisith said on Friday.

BUSINESS

Somkid downplays rate role in boosting growth

Business, Wichit Chantanusornsiri, Published on 20/09/2019

» Interest rates are less important than confidence as a mechanism for propping up economic growth, says Deputy Prime Minister Somkid Jatusripitak.

BUSINESS

Uttama says expansion continues, no recession

Business, Wichit Chantanusornsiri, Published on 05/09/2019

» Finance Minister Uttama Savanayana reiterated that the economy is just slowing, not sinking into a recession, and urged state enterprises to accelerate investment to help reverse the country's tepid momentum.

BUSINESS

FPO predicts 3% growth despite headwinds

Business, Wichit Chantanusornsiri, Published on 05/08/2019

» Amid the bleak economic outlook, the Fiscal Policy Office (FPO) remains optimistic that the economy will expand at least 3% this year, says its chief.

BUSINESS

FPO cuts 2019 growth forecast

Business, Wichit Chantanusornsiri, Published on 30/04/2019

» The Fiscal Policy Office (FPO) has reduced its 2019 economic growth forecast to 3.8% from 4% as slower global economic growth takes a toll on exports.