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THAILAND

Apisak stymies proposed cigarette tax

Business, Wichit Chantanusornsiri, Published on 02/10/2018

» The Public Health Ministry's proposed tax hike legislation on cigarette packs, aimed at subsidising expenses of the gold card healthcare scheme, has to comply with the Finance Ministry's fiscal discipline regulations, says Finance Minister Apisak Tantivorawong.

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THAILAND

Egat to propose coal plant upgrade

Business, Yuthana Praiwan, Published on 02/10/2018

» The Electricity Generating Authority of Thailand (Egat) plans to propose the Energy Ministry allocate 35 billion baht to develop two units of coal-fired power plants in Lampang's Mae Moh district to replace two units that are due to be decommissioned by 2020.

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THAILAND

Diesel cap to rise if $90 mark breached

Business, Yuthana Praiwan, Published on 04/10/2018

» Energy policymakers will raise the 30-baht-per-litre cap on diesel if oil prices exceed US$90 per barrel, the energy minister says.

THAILAND

ANJA touts circular model to cut waste

Business, Published on 04/10/2018

» A waste-free future could be closer than we think, despite a modern economy built on waste in which the food industry is by far the biggest culprit.

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THAILAND

Call for further power plants

Business, Yuthana Praiwan, Published on 03/10/2018

» Business operators have high expectations that the country's energy policymakers will soon open licence granting for waste-to-energy power plants with a combined capacity of 300 megawatts.

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THAILAND

FOMM Asia first to win BoI perks to make battery EVs

Business, Piyachart Maikaew, Published on 10/10/2018

» Thai-Japan joint venture FOMM Asia Co is the first carmaker under the government's electric vehicle (EV) scheme to win Board of Investment (BoI) incentives to manufacture battery EVs, as other makers have joined hybrid and plug-in hybrid EV schemes.

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THAILAND

Motorcycle taxis in line for fuel discount

Business, Yuthana Praiwan, Published on 12/10/2018

» Motorcycle taxis nationwide will receive a discount on gasohol 95 of three baht per litre by December in a bid to manage the effects of higher global oil prices, says Deputy Prime Minister Somkid Jatusripitak.

THAILAND

Airlines warn of pricing bumps ahead

Business, Suchat Sritama, Published on 07/09/2018

» Airlines are braced for two obstacles that could force them to increase surcharges to survive and maintain revenue.

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THAILAND

To err is unbankable

Business, Published on 10/09/2018

» Just a month after customer data was reported stolen from Kasikornbank (KBank) and Krungthai Bank (KTB) by unidentified hackers, the local banking sector was dealt another blow on the Aug 31-Sept 1 weekend by an electronic system glitch that lasted several hours, leaving tens of thousands of customers stranded and delaying millions of financial transactions.

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THAILAND

Air Italy debuts Bangkok-Milan route

Business, Suchat Sritama, Published on 11/09/2018

» Air Italy, a privately owned airline, has started flights on the Bangkok-Milan route to cash in on tourism growth and capture greater market share from Thai Airways International Plc (THAI) and other carriers operating between Singapore and Italy.