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BUSINESS

Unemployment eases in Q4 of 2021

Business, Chatrudee Theparat, Published on 08/02/2022

» Thailand's unemployment rate eased in the fourth quarter of last year, and bachelor's degree holders still maintain the highest unemployment rate, according to the latest survey by the National Statistical Office.

BUSINESS

Cabinet okays B41bn BCG action plan for 2022-27

Business, Chatrudee Theparat, Published on 09/02/2022

» The cabinet on Tuesday approved an action plan to drive bio-, circular and green (BCG) economic development between 2022 and 2027 with a total budget of almost 41 billion baht.

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BUSINESS

EEC investment forecast sees dramatic decline ahead

Business, Chatrudee Theparat, Published on 18/01/2022

» Infrastructure investment in the government's flagship Eastern Economic Corridor (EEC) during 2022-2026, seen as the second phase of EEC development, is estimated at only 398 billion baht, a significant drop from 900 billion baht in the first phase of 2018-2021.

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).

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BUSINESS

State vows to maintain price controls

Business, Chatrudee Theparat, Published on 21/01/2022

» The government has pledged to cap the prices of diesel and cooking gas for as long as possible to stabilise the costs of consumer goods.

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PROPERTY

Foreign property lures are rejected

Business, Chatrudee Theparat, Published on 22/01/2022

» The Centre for Economic Situation Administration (CESA) chaired by Prime Minister Prayut Chan-o-cha on Friday put the brakes on proposals to increase foreign ownership quotas for condominiums from 49% and expand property leasehold rights for foreigners from 30 years to 50 years.

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BUSINESS

State sees no urgent need to cut excise tax on diesel

Business, Chatrudee Theparat, Published on 24/01/2022

» The government insists the state Oil Fund still has sufficient funding to subsidise retail diesel prices until March 31 and sees no urgent need to cut the excise tax on diesel.

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BUSINESS

Chicken items added to price control list

Business, Chatrudee Theparat, Published on 25/01/2022

» The cabinet on Monday greenlighted a proposal to include chickens and chicken meat on the state price control list and tougher measures for chicken raisers, slaughterhouses and feed meal factories.

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BUSINESS

Akara Resources able to restart gold mining

Business, Chatrudee Theparat, Published on 27/01/2022

» Akara Resources Plc, a gold mining company operating in the lower northern region, will be allowed to resume its mining operations if it can manage its operations in compliance with stricter requirements under the amended Minerals Act 2017, according to Deputy Prime Minister Wissanu Krea-ngam.

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BUSINESS

Provincial rail projects receive priority

Business, Chatrudee Theparat, Published on 04/01/2022

» The government has vowed to ramp up infrastructure projects in various regions this year to drive social and economic development throughout the country.