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BUSINESS

PM urges insurers to step up flood payouts

Business, Wichit Chantanusornsiri, Published on 28/11/2025

» Prime Minister Anutin Charnvirakul has instructed insurance companies to expedite payouts for home and car insurance claims in the flood-affected areas in southern Thailand, with claimants only required to submit photos via Line or other designated channels to insurance companies as evidence.

BUSINESS

Laem Chabang Port upgrade okayed

Business, Wichit Chantanusornsiri, Published on 08/05/2025

» The Public-Private Partnership (PPP) Committee has approved the Laem Chabang Port Terminal B1 and B2 improvement projects, with a combined investment value of 12.8 billion baht, aiming to enhance the competitiveness of the regional port.

BUSINESS

US to strictly enforce origin verification for exports

Business, Wichit Chantanusornsiri, Published on 28/04/2025

» The US has targeted 50-60 products for strict origin verification to prevent the circumvention of trade rules through false claims of origin for exports to the US, according to Finance Minister Pichai Chunhavajira.

BUSINESS

A closer inspection of negative income tax

Business, Wichit Chantanusornsiri, Published on 29/08/2024

» The first vision statement by former premier Thaksin Shinawatra, after 17 years away from Thailand, has garnered interest on several points, including the proposal of a negative income tax (NIT).

BUSINESS

Low-cost rent policy targets low-income people, farmers

Business, Wichit Chantanusornsiri, Published on 29/06/2024

» The Finance Ministry has announced a policy to allot 260,000 rai of state land to low-income individuals and farmers at minimal rental rates.

BUSINESS

Exim Bank's tools can help SMEs survive, thrive

Business, Wichit Chantanusornsiri, Published on 08/12/2021

» Although many parties share common views on a better economic outlook for Thailand and the world next year, small and medium-sized enterprises (SMEs) might still have no good reason to celebrate, said Rak Vorrakitpokatorn, president of Export-Import Bank of Thailand (Exim Bank).

BUSINESS

Mo Chit Complex contract soon

Business, Wichit Chantanusornsiri, Published on 25/02/2021

» The Treasury Department is preparing to sign a contract for the Mo Chit Complex project worth 26 billion baht, after 25 years of delays, says director-general Yuttana Yimgarund.

BUSINESS

Ministry sees four-year test for tourism sector

Business, Wichit Chantanusornsiri, Published on 03/12/2020

» The tourism industry, which accounts for 12% of Thailand's GDP, is expected to take at least four years to recover to the pre-pandemic levels, says the Finance Ministry.

BUSINESS

NSF recruits Grab riders

Business, Wichit Chantanusornsiri, Published on 30/10/2020

» The National Savings Fund (NSF) has joined hands with Grab, a ride-hailing, food delivery and payments firm, to support around 100,000 Grab riders in reaching sufficient retirement savings.

BUSINESS

GH Bank urges larger home pool

Business, Wichit Chantanusornsiri, Published on 20/02/2020

» State-owned GH Bank is set to propose the Finance Ministry raise the ceiling price of homes entitled to the bank's low-rate mortgages under the government's 1-million-unit budget residential scheme to 1.2 million baht per unit from 1 million, but the new maximum will be restricted to those located in Greater Bangkok.