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THAILAND

Celebrating with a dazzling light festival

Published on 19/01/2022

» For the long-awaited festival of lights in Thailand, Index Creative Village, in collaboration with the Ancient City Museum, created the “Thailand International Lantern and Food Festival”, a series of cosy nights during November and December. The festival was celebrated in eight picturesque check-in locations featuring over 1,000 colourful hand-crafted lanterns from Japan, Vietnam, China and Thailand.

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THAILAND

B1.48bn approved for relief measures

News, Published on 19/01/2022

» The cabinet yesterday approved an allocation of 1.48 billion baht from the central budget to fund relief measures to reduce the rising cost of living over a period of three months.

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BUSINESS

Binance entry set to change industry

Business, Nuntawun Polkuamdee, Published on 19/01/2022

» Binance's entry into the Thai digital asset industry should increase competition, decrease trading fees and encourage productivity and improvements in service quality, according to leading market participants.

OPINION

The peril of food-price inflation

Oped, Published on 19/01/2022

» The question of how best to control inflation is back on the economic policy agenda, and opinion is divided about how to address it. The mainstream view emphasises the need for tighter monetary policies and regards higher interest rates and reduced liquidity provision as justified, even if they dampen the fragile economic recovery now underway in many countries. Others argue that today's inflation is transitory, reflecting temporary supply bottlenecks and labour-market shifts, and will soon correct itself.

BUSINESS

Phuket tollway receives final approval

Business, Chatrudee Theparat, Published on 19/01/2022

» The cabinet approved 14.6 billion baht on Tuesday to build the long-delayed 3.98-kilometre Kathu-Patong expressway with investment via public-private partnership (PPP).

BUSINESS

Commerce plans export promotions

Business, Phusadee Arunmas, Published on 19/01/2022

» The Commerce Ministry looks set to organise 152 export promotional activities and ramp up mini free trade agreements (mini-FTAs) with potential trading partners to stimulate export growth of 3-4% this year.

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BUSINESS

Rules to woo rich foreigners get the nod

News, Mongkol Bangprapa, Published on 19/01/2022

» The cabinet yesterday approved rules to woo affluent foreigners for lengthy stays. The targets are the rich, retirees, remote workers and experts. It aims to boost the economy and investment in the country.

BUSINESS

SAIC Motor-CP eyes new EV battery factory

Business, Lamonphet Apisitniran, Published on 19/01/2022

» Thai-Chinese joint venture SAIC Motor-CP, the manufacturer and distributor of MG cars, plans to spend 2.5 billion baht developing a factory to produce batteries for battery electric vehicles (BEVs) and start making BEVs domestically next year.

THAILAND

Khao Yai waste disposal turns electronic

News, Post Reporters, Published on 19/01/2022

» The Canadian embassy has joined hands with Suranaree University of Technology to develop an electronic garbage storage house to conserve natural resources in Khao Yai National Park.

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THAILAND

Drug code sows cannabis confusion

News, King-oua Laohong, Published on 19/01/2022

» The decriminalisation of cannabis has reached another milestone as neither it nor hemp appear on the newly implemented Narcotics Code. However this has led some people to mistakenly assume they can now grow cannabis at home legally.