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BUSINESS

State eyes 4.2% growth in 2022

Business, Chatrudee Theparat, Published on 23/12/2021

» The government is targeting economic growth of up to 4.2% under its medium-term fiscal policy framework for 2023-26, and plans to maintain a budget deficit to help the fragile economy.

BUSINESS

State spending targets laid out for fiscal 2023

Business, Chatrudee Theparat, Published on 24/12/2021

» The government is planning a fiscal 2023 budget worth 3.185 trillion baht, with a deficit of 695 billion baht for the fiscal year, which starts next October.

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BUSINESS

BoI looks to innovation, high tech for new strategy

Business, Chatrudee Theparat, Published on 27/12/2021

» The Board of Investment (BoI) looks set to revise Thailand's strategic investment promotion plan to make it align with updated national and global trends.

BUSINESS

Obstacles hinder SEZ development

Business, Chatrudee Theparat, Published on 17/12/2021

» A labour shortage, poor science education, duplicate rules and unattractive investment privileges are tipped as major challenges for Thailand's special economic zone development over the next three decades.

BUSINESS

EEC smart city projects set to draw close to B100bn

Business, Chatrudee Theparat, Published on 20/12/2021

» Smart city development in three provinces of the flagship Eastern Economic Corridor (EEC) is projected to draw as much as 100 billion baht over the next five years, helping upgrade the livelihood of residents there, according to the EEC Office.

BUSINESS

BoI extends incentive packages

Business, Chatrudee Theparat, Published on 21/12/2021

» The Board of Investment (BoI) approved a number of measures on Monday, including an extension of the investment acceleration package and incentive package for the government's flagship Eastern Economic Corridor (EEC), aiming to fuel an economic recovery next year.

BUSINESS

EEC expects investment average of B500bn a year

Business, Chatrudee Theparat, Published on 23/12/2021

» The government's flagship Eastern Economic Corridor (EEC) is expected to be instrumental to Thailand's investment and economic growth, with investments in the area projected to increase the country's economic growth by 1.5 percentage points a year between 2022 and 2026.

BUSINESS

State panel aims to tackle income and social disparities

Business, Chatrudee Theparat, Published on 11/12/2021

» The government has vowed to focus on supporting the education of students from low-income families, digital access, social protection and infrastructure development in each region, in a move to tackle income and social disparities.

BUSINESS

Digital projects allocated B2.4bn funding boost

Business, Chatrudee Theparat, Published on 13/12/2021

» The government has allocated 2.4 billion baht in fiscal 2022 to continue the implementation of six key projects under the Thailand Digital Government Development Plan (2023-27).

BUSINESS

Cabinet unveils 'flexible' inflation target for 2022

Business, Chatrudee Theparat, Published on 15/12/2021

» The cabinet on Tuesday approved a monetary framework for 2022, with targeted inflation ranging between 1-3%.