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BUSINESS

Royal project gets B1.5bn for phase 2

Business, Chatrudee Theparat, Published on 17/06/2015

» The cabinet has approved a 1.5-billion-baht budget to support the second phase of the Pid Thong Lang Phra royal project from 2016-20.

BUSINESS

Companies can use new double-track rail

Business, Chatrudee Theparat, Published on 18/06/2015

» The private sector will be allowed to operate logistics services on the government's new double-track rail network in lieu of the State Railway of Thailand (SRT) to ensure effectiveness, says Deputy Prime Minister MR Pridiyathorn Devakula.

THAILAND

Subsidies on the way to help rice farmers

News, Chatrudee Theparat, Published on 07/05/2015

» The government plans to distribute coupons, instead of cash handouts, to ease farming hardships as the new planting season approaches, said government spokesman Yongyuth Mayalarp.

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THAILAND

Democrat wants inquiry into palm oil imports

Chatrudee Theparat, Published on 07/05/2015

» Democrat Party member Thaworn Senneam has called on the prime minister to investigate the importing of 50,000 tonnes of crude palm oil which led to an oversupply and falling prices for domestic palm oil.

BUSINESS

Prayut says country on track for AEC

Business, Chatrudee Theparat, Published on 09/05/2015

» Prime Minister Prayut Chan-o-cha has confirmed Thailand is ready for full cooperation under the Asean Economic Community (AEC), which is set to kick off late this year.

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BUSINESS

Cabinet agrees to B9.5bn AIIB start-up contribution

Business, Chatrudee Theparat, Published on 11/05/2015

» The cabinet recently approved in principle for Thailand to contribute a total 9.5 billion baht to the Chinese-initiated Asian Infrastructure Investment Bank (AIIB) in five years.

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BUSINESS

Economic zones move step closer

Business, Chatrudee Theparat, Published on 14/05/2015

» Thailand and Cambodia are committed to moving ahead with a plan to set up joint special economic zones (SEZs) in Sa Kaeo-Banteay Meanchey and Trat-Koh Kong.

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BUSINESS

Pridiyathorn holds hope for export U-turn

Business, Chatrudee Theparat, Published on 21/05/2015

» Thailand's economic growth still has a chance to reach 4% this year if shipments to Japan and China turn positive by year-end, says Deputy Prime Minister MR Pridiyathorn Devakula.

BUSINESS

Innovation, technology to get SEZs

Business, Chatrudee Theparat, Published on 23/05/2015

» The government is mulling establishing special economic zones (SEZs) dedicated to special industries such as innovation, high technology, research and development (R&D) and tourism.

BUSINESS

Employment hit by farm slowdown

Business, Chatrudee Theparat, Published on 26/05/2015

» Thailand's unemployment edged up in the first quarter due largely to a slowdown of employment in the agriculture sector caused by drought and reduced rice farming in the absence of a government rice-pledging scheme.