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CEOs voice concerns for 2024
Business, Post Reporters, Published on 02/01/2024
» Thailand is projected to post slow economic growth in the near future compared with pre-pandemic rates. Several public and private agencies have GDP forecasts for 2024 ranging from 3-3.4%, excluding implementation of the government's digital wallet scheme.
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The thorny issue of digital wallet funding
Business, Wichit Chantanusornsiri, Published on 25/04/2024
» The coalition government led by Prime Minister Srettha Thavisin made a significant pivot on its flagship scheme, which aims to hands out 10,000 baht each to 50 million Thais via a digital wallet, shifting from government borrowing, which drew sharp criticism and raised concerns about potential violations of financial and fiscal discipline regulations.
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Nex Point looks to Asean's growing EV market
Business, Yuthana Praiwan, Published on 20/04/2024
» The global campaign against carbon dioxide emissions is not only benefiting electric vehicle sales in Thailand, but also fuelling EV growth in Southeast Asia.
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Thailand begins OECD membership process
Business, Wichit Chantanusornsiri, Published on 18/04/2024
» Thailand has developed a roadmap to become a member of the Organisation for Economic Co-operation and Development (OECD), a group of developed countries, aiming to elevate the country’s standards and broaden trade and investment opportunities.
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Government gets tough on CO2
Business, Yuthana Praiwan, Published on 02/04/2024
» Thailand is expected to start enforcing a new law outlining measures to reduce carbon dioxide emissions within this year, helping the state and business sectors better deal with climate change, says Rachata Phisitbanakorn, assistant to the natural resources and environment minister.
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Thailand to finalise EU free trade talks in 2025
Published on 12/03/2024
» Thailand expects to complete negotiations over a free trade agreement (FTA) with the European Union (EU) in 2025, Prime Minister Srettha Thavisin said on Tuesday, as the government seeks to draw trade and investment to boost the economy.
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May Bangkok summit to discuss key challenges
Business, Yuthana Praiwan, Published on 23/02/2024
» Energy policymakers are expected to gather for a forum in Bangkok in May to discuss challenges in energy development, especially the transition from fossil fuel-based power generation to renewable-derived electricity, according to the Energy Regulatory Commission (ERC).
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A subtle dance on energy talks
Business, Yuthana Praiwan, Published on 15/02/2024
» The meeting between Prime Minister Srettha Thavisin and his Cambodian counterpart Hun Manet last week revived hope for joint petroleum exploration and production between the two countries in the Gulf of Thailand.
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Preparing for the green utility tariff
Business, Yuthana Praiwan, Published on 25/01/2024
» The announcement of a green utility tariff (GUT), scheduled for February, is expected to mark a significant step in renewable energy use to support local businesses and draw foreign investment.
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Egat, PTT seek new heads amid transition
Business, Yuthana Praiwan, Published on 23/01/2024
» The Electricity Authority of Thailand (Egat) and national oil and gas conglomerate PTT Plc are selecting two new executives to succeed their current leaders, hoping to further drive the organisations through challenges caused by the transition from fossil fuels to renewable energy in Thailand.
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