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THAILAND

Draft air navigation bill progresses

Business, Chatrudee Theparat, Published on 26/12/2018

» The cabinet on Tuesday approved a draft bill for the air navigation law, allowing foreign investors who win Board of Investment (BoI) promotional privileges to own up to 100% of shares.

THAILAND

BoI approves 3 EV projects, including charging stations

Business, Lamonphet Apisitniran, Published on 26/12/2018

» The Board of Investment (BoI) has approved three projects for the electric vehicle (EV) scheme in November, including Energy Mahanakhon Co on Nov 27 for building charging stations worth 1.09 billion baht.

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THAILAND

Survey: Holiday spending to rise as oil prices drop

Business, Phusadee Arunmas, Published on 26/12/2018

» Festive spending is expected to increase this year from 2017, with a decline in oil prices helping raise the purchasing power of Thais during the New Year season, according to a university survey.

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THAILAND

Cabinet OKs land use for airport rail

Business, Chatrudee Theparat, Published on 03/01/2019

» The cabinet on Wednesday approved a royal decree to expropriate 850 rai of land in 20 tambons (subdistricts) in three provinces and one district in Bangkok for construction of the 220-km high-speed railway linking Don Mueang, Suvarnabhumi and U-tapao airports.

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THAILAND

Austrian renewable model gets local try

Business, William Hicks, Published on 08/01/2019

» An Austrian energy company has brought a new process for generating renewable energy to Thailand, with the hope that after initial success their model will spread to small towns across the country.

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THAILAND

Big mobile companies extend relief for Pabuk-hit customers

Business, Komsan Tortermvasana, Published on 10/01/2019

» Five mobile operators have agreed to extend remedy measures until Jan 16 for customers who were in affected areas during tropical storm Pabuk.

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THAILAND

Excise rejig could boost electric vehicles

Business, Wichit Chantanusornsiri, Published on 19/11/2018

» The Excise Department could revise its tax structure for conventional cars by tightening greenhouse gas emission limits in a push to encourage electric vehicle (EV) production and usage in Thailand.

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THAILAND

Mercer: Thai salaries to spike by 5% in 2018

Business, Published on 20/11/2018

» Salaries in Thailand are projected to grow 5% this year across industries, according to results from a survey by the global consultancy Mercer.

THAILAND

BEC World taking hatchet to CH3 costs, culling staff

Business, Post Reporters, Published on 04/12/2018

» BEC World, the concession holder that operates Channel 3, says it must make further cuts to operating costs, especially staff, to maintain cost effectiveness as it faces digital disruption, with the cuts continuing until at least 2020, when its concession expires.

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THAILAND

Bangkok Bank predicts digital normal

Business, Somruedi Banchongduang, Published on 03/12/2018

» Bangkok Bank (BBL) expects most basic banking transactions to be made over the digital channel within the next three years.