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BUSINESS

Prayut vows EV production within year

Business, Chatrudee Theparat and Lamonphet Apisitniran, Published on 30/06/2022

» Thailand aims to assemble electric vehicles (EVs) domestically within a year, faster than the previous target of 2024, says Prime Minister Prayut Chan-o-cha.

BUSINESS

Fitch keeps Thai credit rating BBB+

Business, Chatrudee Theparat and Sirivish Toomgum, Published on 23/06/2022

» Fitch Ratings has affirmed Thailand's credit rating at "BBB+" with a stable outlook, which is acceptable to the government, says government spokesman Thanakorn Wangboonkongchana.

BUSINESS

Shift in economic structure urged

Business, Wichit Chantanusornsiri, Chatrudee Theparat and Somruedi Banchongduang, Published on 20/05/2022

» Thailand's economic recovery is relatively slower than that of its Asean peers because the domestic economic structure in the country is reliant on conventional industries.

BUSINESS

Thai firms head to Saudi for official trade mission

Business, Phusadee Arunmas and Chatrudee Theparat, Published on 14/05/2022

» The Thai Chamber of Commerce is scheduled to lead business delegations to Saudi Arabia for the first time in 32 years from May 15-18 to restore trade and investment relations.

THAILAND

Plug pulled on diesel cap

News, Mongkol Bangprapa and Chatrudee Theparat, Published on 27/04/2022

» The government has appealed for public understanding over its decision to lift the 30-baht-per-litre diesel price cap next month.

BUSINESS

Labour situation improves in first quarter

Chatrudee Theparat, Published on 25/04/2022

» The unemployment situation in the first quarter is likely to improve boosted by healthy export growth and a gradual recovery of the tourism sector, according to the Employers’ Confederation of Thai Trade and Industry.

THAILAND

Fuel surge sees SSF cuts

News, Chatrudee Theparat and Wassana Nanuam, Published on 23/03/2022

» The cabinet has approved reductions in monthly social security contributions for both employers and employees as part of measures totalling 70 billion baht to help ease the impact of rising fuel prices.

BUSINESS

Plan aims for 50% renewable by 2050

Business, Chatrudee Theparat and Wichit Chantanusornsiri, Published on 18/03/2022

» The government looks set to create a new national power development plan to increase the proportion of renewable energy used to generate electricity to 50% of all energy types by 2050.

BUSINESS

State ramps up Mideast fruit exports

Business, Chatrudee Theparat and Phusadee Arunmas, Published on 15/03/2022

» The government looks set to ramp up fruit exports to the Middle East this year and is speeding up talks with its Chinese counterpart to help facilitate fruit exports after China's zero-Covid policy has taken a heavy toll on Thai fruit exports, especially durian.

BUSINESS

Oil Fund borrowing limit to rise

News, Chatrudee Theparat and Phusadee Arunmas, Published on 10/03/2022

» The National Energy Policy Committee (NEPC) has resolved to lift borrowing limits of the state Oil Fund to allow for management flexibility and approved guidelines to address surging fuel prices.