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BUSINESS

Prayut urges steady interest rates

Business, Chatrudee Theparat, Published on 08/06/2022

» Prime Minister Prayut Chan-o-cha called on the central bank to maintain its policy interest rate on Tuesday to curb a capital flight and support the domestic economy.

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BUSINESS

BoI, funds support key R&D projects

Business, Chatrudee Theparat, Published on 06/06/2022

» The government looks set to tap into the Global Partnership Fund and Competitiveness Fund as tools to draw foreign investment in high technology and targeted industries.

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BUSINESS

Sugar cane loans to get state subsidy

Business, Chatrudee Theparat, Published on 31/05/2022

» The cabinet on Monday approved fresh measures to convince sugar cane farmers to boost their productivity and reduce burning.

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BUSINESS

EU sanctions will keep oil prices high for 1-2 years

Business, Chatrudee Theparat, Published on 02/06/2022

» The EU's latest decision to ban most oil imports from Russia because of its invasion of Ukraine is expected to keep energy prices elevated for 1-2 years, says Kobsak Pootrakul, senior executive vice-president of Bangkok Bank.

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BUSINESS

Cabinet okays extension of hotel subsidy scheme

Business, Chatrudee Theparat, Published on 25/05/2022

» The cabinet has acknowledged the extension of the fourth phase of the "We Travel Together" hotel subsidy scheme to assist the tourism sector.

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BUSINESS

New corridors poised to draw B313bn by 2032

Business, Chatrudee Theparat, Published on 26/05/2022

» New regional economic corridors are estimated to draw a combined 313 billion baht worth of state and private investment between 2022 and 2032, according to a recent study.

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BUSINESS

State mulls incentives to drive green push

Business, Chatrudee Theparat, Published on 30/05/2022

» The government is considering the provision of tax incentives for companies that participate in the government's ongoing efforts to reduce carbon dioxide emissions.

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BUSINESS

Growth cut due to inflation, slowdown

Business, Chatrudee Theparat, Published on 18/05/2022

» Mounting pressure from inflation, energy prices, the global economic slowdown and the prolonged conflict between Russia and Ukraine prompted the government's planning agency to lower its economic growth forecast yesterday to 2.5-3.5% for the year, down from the previous forecast of 3.5-4.5% in February.

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BUSINESS

Chinese lockdowns hitting Thai producers

Business, Chatrudee Theparat, Published on 23/05/2022

» China's lockdowns in big cities are having an adverse effect on the Thai manufacturing sector and its supply chains, with the problems likely to continue, warns the National Economic and Social Development Council (NESDC).

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BUSINESS

Unemployment rate falls to 2-year low

Business, Chatrudee Theparat, Published on 24/05/2022

» Thailand's unemployment rate dropped in the first quarter to its lowest level since the start of the pandemic, boosted by higher employment both in the agricultural and non-agricultural sectors, as the economy gradually recovers.