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BUSINESS

Cabinet standing pat on 7% VAT until next year

Business, Chatrudee Theparat, Published on 04/07/2018

» The cabinet has approved the extension of the 7% value-added tax (VAT) rate for another year until Sept 30, 2019 to maintain the country's economic stability.

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BUSINESS

Deputy PM: Private funds to pour in soon

Business, Chatrudee Theparat, Published on 02/07/2018

» Private investment is expected to be vital in propelling the Thai economy in the latter half this year, while the trade war is expected to have a slight effect on Thai exports, says Deputy Prime Minister Somkid Jatusripitak.

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BUSINESS

No slipping in sight

Business, Chatrudee Theparat, Published on 21/06/2018

» Let's start by peeling back the numbers: Thailand shipped between 329 million and 470 million baht worth of fresh bananas annually over the past five years, with 2017’s figure amounting to 467.42 million baht, up 41.8% year-on-year.

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THAILAND

PM takes huge funds vow to Buri Ram

News, Chatrudee Theparat, Published on 07/05/2018

» All eyes are on the mobile cabinet meeting starting Monday in Buri Ram, with the government set to announce an injection of more than 20 billion baht into the province and nearby areas amid scepticism that the move is politically motivated.

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THAILAND

Somkid coy on Newin headhunt

News, Chatrudee Theparat, Published on 04/05/2018

» Deputy Prime Minister Somkid Jatusripitak has slammed political parties for criticising the government for allegedly trying to poach their members, saying they should focus instead on formulating better policies to draw voters during the election tentatively slated for February.

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BUSINESS

Under the microscope

Business, Chatrudee Theparat, Published on 28/04/2018

» Suvit Maesincee had dreams of becoming a scientist when he was young, and he feels his dream is now fulfilled after his appointment as science and technology minister under the current government.

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THAILAND

Time to go digital, Ma tells farmers

News, Chatrudee Theparat, Published on 20/04/2018

» Chinese e-commerce giant Alibaba Group agreed during CEO Jack Ma's brief trip to Bangkok Thursday to help small-and medium-sized enterprises (SMEs), startups and farmers in Thailand by getting them more digitally connected through its platforms.

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THAILAND

Somkid wants Prayut as next PM

Chatrudee Theparat, Published on 05/04/2018

» Deputy Prime Minister Somkid Jatusripitak says he supports Gen Prayut Chan-o-cha as the next prime minister and tells reporters to ask industry and commerce ministers about the formation of a new political party.

BUSINESS

More loans approved for welfare scheme

Business, Chatrudee Theparat, Published on 21/03/2018

» The cabinet yesterday approved an additional 10 billion baht in emergency loans to be channelled through the Government Savings Bank (GSB) as part of the second phase of the government's welfare and subsidy scheme.

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BUSINESS

Cabinet approves further crab banks

Business, Chatrudee Theparat, Published on 07/03/2018

» The mobile cabinet meeting at Phetchaburi on Tuesday approved a scheme to financially support fishery communities in coastal areas and establish blue swimmer crab banks, an initiative that helps increase the number of crabs and boosts farmers' income.