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BUSINESS

Perks for 7 EEC zones to be introduced soon

Business, Chatrudee Theparat, Published on 14/03/2022

» Details of special incentives for seven economic zones in the government's flagship Eastern Economic Corridor (EEC) are scheduled to be announced over the next few days.

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BUSINESS

Cabinet ups Oil Fund borrowing

Business, Chatrudee Theparat, Published on 16/03/2022

» The cabinet on Tuesday approved lifting the borrowing limits for the state Oil Fund to allow for management flexibility, a move that offers the government more room to cope with surging fuel prices caused by the Russia-Ukraine conflict.

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BUSINESS

More subsidies coming as oil crisis hits poor

Business, Chatrudee Theparat, Published on 17/03/2022

» The government plans to roll out measures including additional subsidies on liquefied petroleum gas (LPG) and natural gas for vehicles (NGV) to help alleviate the impact of soaring energy prices on low-income earners.

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BUSINESS

NESDC bullish on growth prospects

Business, Chatrudee Theparat, Published on 22/02/2022

» The National Economic and Social Development Council (NESDC) is maintaining its 2022 forecast for economic growth at 3.5-4.5%, with the state planning unit expecting the government to successfully contain the spread of the Omicron variant without any more restrictions.

BUSINESS

Oil palm subsidy approved

Business, Chatrudee Theparat, Published on 23/02/2022

» The cabinet on Tuesday approved a 7.66-billion-baht budget to finance the state-sponsored price guarantee scheme for oil palm in the 2021/2022 season.

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BUSINESS

Cabinet pushes through EV customs and excise duty cuts

Business, Chatrudee Theparat, Published on 23/02/2022

» The cabinet on Tuesday approved a package of customs duty and excise tax measures to promote the electric vehicle (EV) industry and reduce carbon monoxide emissions.

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BUSINESS

State urged to accelerate fiscal 2022 spending

Business, Chatrudee Theparat, Published on 28/02/2022

» The government is advised to speed up state expenditure in fiscal 2022 to lift the economy, which is trapped by rising energy prices and the impact of persistent Covid-19 outbreaks.

BUSINESS

Labour market recovers in Q4 of 2021

Business, Chatrudee Theparat, Published on 01/03/2022

» The overall labour situation began to recover from the impact of Covid-19 in the final quarter of 2021, with the unemployment rate dropping to the lowest since the second quarter of 2020, while household debt still increased but at a slower pace.

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BUSINESS

State agencies seek to boost EGDI ranking

Business, Chatrudee Theparat, Published on 01/03/2022

» State agencies are being urged to upgrade their digital services and expedite digital transformation to improve Thailand's ranking in the UN's E-Government Development Index (EGDI), says the chief of the Digital Government Development Agency (DGA).

BUSINESS

Cabinet approves special perks for EEC

Business, Chatrudee Theparat, Published on 02/03/2022

» The cabinet approved yesterday special incentives for seven economic zones in the government's flagship Eastern Economic Corridor (EEC), a move to strengthen Thailand's investment competitiveness.