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BUSINESS

Unemployment eases in Q4 of 2021

Business, Chatrudee Theparat, Published on 08/02/2022

» Thailand's unemployment rate eased in the fourth quarter of last year, and bachelor's degree holders still maintain the highest unemployment rate, according to the latest survey by the National Statistical Office.

BUSINESS

Cabinet okays B41bn BCG action plan for 2022-27

Business, Chatrudee Theparat, Published on 09/02/2022

» The cabinet on Tuesday approved an action plan to drive bio-, circular and green (BCG) economic development between 2022 and 2027 with a total budget of almost 41 billion baht.

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PROPERTY

Foreign property lures are rejected

Business, Chatrudee Theparat, Published on 22/01/2022

» The Centre for Economic Situation Administration (CESA) chaired by Prime Minister Prayut Chan-o-cha on Friday put the brakes on proposals to increase foreign ownership quotas for condominiums from 49% and expand property leasehold rights for foreigners from 30 years to 50 years.

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BUSINESS

Portal planned to help foreigners access services

Business, Chatrudee Theparat, Published on 31/01/2022

» The Digital Government Development Agency (DGA), which is tasked with digitising the workings of the Thai government, is developing a central portal to facilitate foreigners accessing government services in an effort to boost tourism and the economy.

BUSINESS

NHA scheme seeks funds for residential projects

Business, Chatrudee Theparat, Published on 01/02/2022

» The National Housing Authority (NHA) looks set to raise funds through a securitisation programme to construct 30,000 units of residential projects worth 18 billion baht this year for low-income earners and vulnerable people who require special assistance.

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BUSINESS

State sees no urgent need to cut excise tax on diesel

Business, Chatrudee Theparat, Published on 24/01/2022

» The government insists the state Oil Fund still has sufficient funding to subsidise retail diesel prices until March 31 and sees no urgent need to cut the excise tax on diesel.

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BUSINESS

Chicken items added to price control list

Business, Chatrudee Theparat, Published on 25/01/2022

» The cabinet on Monday greenlighted a proposal to include chickens and chicken meat on the state price control list and tougher measures for chicken raisers, slaughterhouses and feed meal factories.

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BUSINESS

Akara Resources able to restart gold mining

Business, Chatrudee Theparat, Published on 27/01/2022

» Akara Resources Plc, a gold mining company operating in the lower northern region, will be allowed to resume its mining operations if it can manage its operations in compliance with stricter requirements under the amended Minerals Act 2017, according to Deputy Prime Minister Wissanu Krea-ngam.

BUSINESS

Call for faster restructuring, incentive tweaks at BoI

Business, Chatrudee Theparat, Published on 28/01/2022

» The Board of Investment (BoI) and related agencies are being ordered to speed up a restructuring of the BoI and a rejig of investment privileges in order to lure investment.

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BUSINESS

Japan to keep Thailand as production hub

Chatrudee Theparat, Published on 14/01/2022

» Japan wants to maintain Thailand as its key production base, agreeing on Thursday to move ahead with cooperation plans on green industry and advanced technological development.