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BUSINESS

Chinese tech firm chooses Thailand for overseas plant

Wichit Chantanusornsiri, Published on 07/02/2026

» Hesai Technology, a global leader in light detection and ranging (LiDAR) solutions and intelligent vehicle navigation systems, says Thailand will host its first manufacturing base outside China.

BUSINESS

State to sell minority stakes in 10 firms

Business, Wichit Chantanusornsiri, Published on 26/01/2026

» The Finance Ministry plans to sell minority stakes in 10 companies this year as part of the government's asset management strategy.

BUSINESS

Second phase of co-payment scheme likely

Wichit Chantanusornsiri, Published on 29/10/2025

» The government is studying the feasibility of launching a second phase of the “Khon La Khrueng Plus” co-payment scheme, following an overwhelmingly positive public response on day one of its rollout, says Finance Minister Ekniti Nitithanprapas said.

BUSINESS

State plan to train 100,000 employees

Wichit Chantanusornsiri, Published on 09/10/2025

» The Thai government plans to improve the skills of 100,000 workers in an effort to align with modern technologies.

BUSINESS

Name of new BoT chief to be presented to cabinet on Tuesday

Business, Wichit Chantanusornsiri, Published on 22/07/2025

» The nomination for the next governor of the Bank of Thailand is set to be submitted for cabinet approval on Tuesday, with Vitai Ratanakorn, president of the Government Savings Bank, highly likely to be the name put forward by Finance Minister Pichai Chunhavajira.

THAILAND

Pichai forwards central bank governor pick to cabinet

News, Wichit Chantanusornsiri, Published on 15/07/2025

» Deputy Prime Minister and Finance Minister Pichai Chunhavajira announced on Monday that he has signed off on and submitted his pick for the new Bank of Thailand (BoT) governor for cabinet consideration on Tuesday.

BUSINESS

Government Savings Bank president likely to be next central bank governor

Business, Wichit Chantanusornsiri, Published on 26/06/2025

» Vitai Ratanakorn, president of Government Savings Bank, is highly likely to be nominated as the new governor of the Bank of Thailand, with political leaders eager to shift the regulator's policy direction towards stronger monetary policies that they believe would support the economy.

BUSINESS

Thailand’s first three virtual banks approved

Wichit Chantanusornsiri, Published on 19/06/2025

» The Ministry of Finance has approved three successful applicants to establish the first virtual banks in the country, the Bank of Thailand announced on Thursday.

BUSINESS

Anti-corruption efforts to start earlier for projects

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

» The inclusion of public construction projects in the Integrity Pact (IP) programme, allowing a third-party external observer to participate in monitoring, must begin from the initial stage of the bidding process, according to Patricia Mongkhonvanit, director-general of the Comptroller-General's Department.

BUSINESS

Views of Finance Ministry, BoT more harmonised

Business, Wichit Chantanusornsiri, Published on 09/10/2024

» The economic perspectives of the Finance Ministry and the Bank of Thailand are becoming more aligned, says Deputy Finance Minister Paopoom Rojanasakul.