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BUSINESS

Agencies urged to speed up ELV measures

Business, Chatrudee Theparat, Published on 05/04/2022

» Prime Minister Prayut Chan-o-cha has ordered responsible agencies to speed up offering incentives and measures to encourage motorists to scrap their ageing vehicles in a bid to reduce ultra-fine dust particles known as PM2.5 and tackle ongoing expensive steel prices.

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BUSINESS

Bio-plastic industry gets tax incentive

News, Chatrudee Theparat, Published on 06/04/2022

» The cabinet has approved an extension of a 25% corporate tax exemption for bio-plastic industry companies in order to promote Thailand as an Asean bio-hub.

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BUSINESS

State banking on EECi to overcome middle-income trap

Business, Chatrudee Theparat, Published on 07/04/2022

» The government has high hopes the Eastern Economic Corridor of Innovation (EECi) will play a key role in helping Thailand develop its own technology to escape the middle-income trap.

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BUSINESS

BoI okays new incentives for EV charging stations

Business, Chatrudee Theparat, Published on 08/04/2022

» The Board of Investment (BoI) approved enhanced incentives and conditions on Thursday for investments in charging stations for electric vehicles (EV), a move to accelerate the growth of the domestic EV market and quickly expand related infrastructure.

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BUSINESS

BoI speeds up rejig of incentives

Business, Chatrudee Theparat, Published on 11/04/2022

» The Board of Investment (BoI) is accelerating the revision of investment incentives to align them with global changes and offset the impact of the new world tax regimes proposed by the Organisation for Economic Co-operation and Development (OECD).

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BUSINESS

Subsidy on premium diesel revoked

Business, Chatrudee Theparat, Published on 30/03/2022

» The cabinet on Tuesday approved revoking the subsidy on premium diesel used in luxury cars, effective from April, in a move to save on budget expenses.

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BUSINESS

NESDC warns rapidly ageing society likely to hit economy

Business, Chatrudee Theparat, Published on 21/03/2022

» The increase in elderly among the Thai population and declining birth rate are expected to hinder the country's future economic expansion, according to a new study by the government's planning unit.

BUSINESS

EEC Office says aid schemes need rejig

Business, Chatrudee Theparat, Published on 22/03/2022

» The government may need to rejig its financial assistance policies involving low-income earners, farmers, employees, self-employed workers, micro-businesses, and small and medium-sized enterprises, as many of them still fail to obtain the government's financial packages and other assistance, says the chief of the Eastern Economic Corridor Office (EEC Office).

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BUSINESS

Cabinet okays EEC smart city deal

Business, Chatrudee Theparat, Published on 23/03/2022

» The cabinet approved a smart city development on Tuesday, the fifth flagship infrastructure project in the Eastern Economic Corridor (EEC), with investment worth a combined 1.34 trillion baht over 10 years.

BUSINESS

Study trims growth to 3% if crude averages $150

Business, Chatrudee Theparat, Published on 25/03/2022

» Thai economic growth may fall to 3% this year if the Dubai crude oil price averages US$150 per barrel, according to a joint study by the government's planning unit, the Bank of Thailand and the Fiscal Policy Office.