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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.

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BUSINESS

PPP panel to mull 6 more projects

Business, Wichit Chantanusornsiri, Published on 29/04/2019

» Six additional projects worth a combined 85 billion baht are expected to seek Public-Private Partnership (PPP) committee approval this year to proceed under the joint investment scheme.

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BUSINESS

Decision soon on PPP duty-free issue

Business, Wichit Chantanusornsiri, Published on 17/04/2019

» A legal subcommittee under the Public-Private Partnership (PPP) committee is expected to decide whether the bidding process for the duty-free shop concession falls under the newly amended PPP Act by the end of this month.

BUSINESS

PPP Act restricts scope to basic projects

Business, Wichit Chantanusornsiri, Published on 12/02/2019

» The PPP Promotion Act, which already passed through the National Legislative Assembly (NLA), stipulates only basic infrastructure projects and public services can be invested in jointly by the public and private sectors, says the head of the State Enterprise Policy Office (Sepo).

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BUSINESS

Purple Line, Phuket light rail among projects up for PPP

Business, Wichit Chantanusornsiri, Published on 12/12/2018

» The MRT's Purple Line southern extension from Kanchanaphisek Outer Ring Road to Tao Poon and provincial mass transit projects in Phuket are expected to seek approval from the public-private partnership (PPP) committee early next year before proceeding under the fast-track PPP scheme.

BUSINESS

Integrity pacts save B68bn over 4 years

Business, Wichit Chantanusornsiri, Published on 21/11/2018

» Graft-tackling integrity pacts adopted as part of procurement bids helped the government pay nearly 70 billion baht below reference prices over the past four years, says the chief of the Comptroller-General's Department.

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BUSINESS

Three juristic entities apply to offer VAT refund service

Business, Wichit Chantanusornsiri, Published on 25/09/2018

» Three applicants have proposed to offer refund services for value-added tax (VAT) for foreign tourists, says the Revenue Department.

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BUSINESS

Ministry looks to mandatory CoST scheme

Business, Wichit Chantanusornsiri, Published on 19/09/2018

» The Finance Ministry has set its sights on adopting mandatory construction sector transparency (CoST) for state projects in an effort to cut corruption.

BUSINESS

Online payment for overseas packages

Business, Wichit Chantanusornsiri, Published on 24/08/2018

» The Customs Department will allow those who buy small goods priced over 1,500 baht from vendors outside Thailand to pay import duties online, eliminating the need to pick up parcels at Laksi Post Office.