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BUSINESS

State Enterprise Policy Office announces 4 PPP megaprojects

Business, Wichit Chantanusornsiri, Published on 24/02/2021

» Four mega-infrastructure development projects, worth a combined 160 billion baht, will be developed this year under the public-private partnership (PPP) arrangement, says the State Enterprise Policy Office (Sepo).

BUSINESS

State firms plan outlay of B300bn in 2021

Business, Wichit Chantanusornsiri, Published on 03/02/2021

» State-owned enterprises (SOEs) are expected to disburse around 300 billion baht from a total investment budget for fiscal 2021 worth 307 billion, says the State Enterprise Policy Office (Sepo).

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BUSINESS

Walt Disney dreams for EEC

Business, Wichit Chantanusornsiri, Published on 16/03/2020

» The Treasury Department plans to approach Walt Disney Co about building a theme park in the Eastern Economic Corridor (EEC) area, says director-general Yuttana Yimgarund.

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OPINION

Political instability adds to viral woes

News, Wichit Chantanusornsiri, Published on 05/03/2020

» The economy weakened last year thanks to the Sino-US trade war. This year, its health could worsen further due to two emerging factors. One is the Covid-19 outbreak which has hit the country's tourism industry hard. Another is potential political turmoil signalled by a series of "flash mobs" of students which gathered after the Constitutional Court's ruling to dissolve the Future Forward Party (FFP). If the rallies continue unabated, this year's growth could be worse than analysts predict.

BUSINESS

Transparency push in Airport City row

News, Wichit Chantanusornsiri, Published on 17/01/2020

» Deputy Finance Minister Santi Prompat says he has told the Comptroller-General's Department to study regulations on state procurement to ensure transparency in the wake of a row over the Charoen Pokphand Group (CP)-led consortium's bid for the 290-billion-baht Airport City project.

BUSINESS

Foreigners may get chance to invest in TFFIF units

Business, Wichit Chantanusornsiri, Published on 16/01/2020

» The government is likely to let foreign investors plough money into the Thailand Future Fund (TFFIF), a state-backed infrastructure fund, amid strong interest.

BUSINESS

SEC poised to sign Hong Kong deal

Business, Wichit Chantanusornsiri, Published on 15/01/2020

» The Securities and Exchange Commission (SEC) is set to sign a memorandum of understanding with its Hong Kong counterpart on fast-tracking approval of cross-border investment in mutual funds by the second quarter.

THAILAND

Govt debt ratio hike 'won't hurt monetary, fiscal discipline'

Wichit Chantanusornsiri, Published on 31/05/2019

» The government's move to raise its off-budget debt commitment as a proportion of the national budget from 5% to 8% will not have any effect on monetary or fiscal discipline, according to an adviser to the Public Debt Management Office.

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OPINION

New govt faces massive economic task

News, Wichit Chantanusornsiri, Published on 30/05/2019

» For the first time in five years, Thailand will soon be ruled by an elected coalition government. But the new administration, which is being formed by coalition allies, will not have any honeymoon period.

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BUSINESS

Sepo nursing 5 enterprises back to health

Business, Wichit Chantanusornsiri, Published on 06/05/2019

» The State Enterprise Policy Office is focused on five financially ailing state enterprises forced into business rehabilitation, aiming to make their turnaround efforts pay off, Sepo's chief says.