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BUSINESS

Nod for 7+7 provides cheer

Business, Narumon Kasemsuk, Published on 17/08/2021

» Phuket sandbox and other provinces in the south struggling with ways to reopen for international tourists will be buoyed after the CCSA on Monday nailed down the long-awaited 7+7 extension plan.

BUSINESS

Property outlook worsens

Business, Kanana Katharangsiporn, Published on 17/08/2021

» The residential market is unlikely to recover to pre-Covid levels until 2025 as the market contraction has been revised to 25-32% from 1.5-11%, driven largely by the battered economy and housing demand.

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BUSINESS

NRF earmarks B2bn for e-commerce ventures

Business, Pitsinee Jitpleecheep, Published on 17/08/2021

» SET-listed NR Instant Produce Plc (NRF), the producer and distributor of food from plant protein, plans to invest 2 billion baht in the e-commerce business in 2021-2022 in a move to boost sales to 5 billion baht in 2023.

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BUSINESS

Philippines scraps plan to tax imported Thai cars

Business, Phusadee Arunmas, Published on 17/08/2021

» Thai car exporters' prospects have become brighter after the Philippines scrapped plans to impose tariffs on cars imported from Thailand, and returned 1.2 billion baht worth of safeguard duty to importers.

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BUSINESS

NESDC cuts growth forecast to 0.7-1.2%

Business, Chatrudee Theparat, Published on 17/08/2021

» The government's planning unit has downgraded its economic growth forecast for a third time to a range of 0.7-1.2% this year from 1.5-2.5% made in May, 2.5-3.5% made on Feb 15 and 3.5-4.5% growth made in November last year, as Covid-19 cases surge.

THAILAND

Kratom inmates to walk free

News, King-oua Laohong, Published on 17/08/2021

» The Ministry of Justice is pledging to free and dismiss drug charges against 12,000 inmates convicted for kratom possession before the plant is formally removed from the list of banned narcotics on Aug 24.

THAILAND

Air force blames Pfizer shot 'VIP scandal' on admin error

News, Wassana Nanuam, Published on 17/08/2021

» Bhumibol Adulyadej Hospital and the Royal Thai Air Force's Directorate of Medical Services have rejected claims made by the hospital's staff that their quota for Covid-19 mRNA booster vaccines are being used up by VIPs who are not working on the frontline.

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THAILAND

Govt seeks to charge red-shirt boss Nattawut

News, Published on 17/08/2021

» Seksakol Atthawong, an assistant minister at the Prime Minister's Office, on Monday lodged a complaint against red-shirt leader Nattawut Saikuar over his role in Sunday's car mob rallies.

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BUSINESS

Data legal upgrade sparks concerns

Business, Suchit Leesa-nguansuk, Published on 17/08/2021

» The upgraded regulation for the required retention of computer traffic data or log files that reach out to social media has sparked concerns about freedom of expression as it can lead to the unveiling of the identity of users on the platforms.

BUSINESS

Ratch eyes completion of two more acquisitions

Business, Yuthana Praiwan, Published on 17/08/2021

» SET-listed Ratch Group Plc, a major power operator, plans to conclude two more deals on power generation asset acquisition within this year in a move to expand its capacity to 10 gigawatts over the next five years.