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BUSINESS

All EEC infrastructure plans get nod

Business, Chatrudee Theparat, Published on 07/07/2017

» The much-touted Eastern Economic Corridor is moving a crucial step forward after all key infrastructure development projects yesterday received the nod from the EEC policy committee chaired by Prime Minister Prayut Chan-o-cha.

BUSINESS

Plan seeks to lower costs of logistics

Business, Chatrudee Theparat, Published on 10/07/2017

» Thailand is expected to invest extensively in transport infrastructure ranging from rail and marine to airports over the next five years as the 12th National Economic and Social Development Plan aims to cut the country's logistics costs to 12% of GDP by 2021.

BUSINESS

B1.3bn for repurposing farmland

Business, Chatrudee Theparat, Published on 12/07/2017

» The cabinet yesterday approved a 1.296-billion-baht combined budget to persuade rice farmers to grow others crops and raise livestock instead of off-season rice farming, aiming to cut rice farmland by 700,000 rai in the second crop of 2017-18.

BUSINESS

Somkid calls for unity to lift ranking

Business, Chatrudee Theparat, Published on 02/06/2017

» Deputy Prime Minister Somkid Jatusripitak has called on all Thais to work together to help upgrade the country's competitiveness after Thailand's world ranking edged up this year.

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BUSINESS

Universities bankrolled in R&D push

Business, Chatrudee Theparat, Published on 05/06/2017

» The government has allocated 2.5 billion baht for fiscal 2017 to support universities in conducting more R&D in five sectors as part of its ongoing efforts to upgrade Thailand into a value-based economy under the Thailand 4.0 initiative.

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THAILAND

S44 fast-track mulled for Thai-Sino rail

Business, Chatrudee Theparat, Published on 07/06/2017

» The government is considering invoking Section 44 of the interim charter to tackle stumbling blocks for the long-delayed Thai-Chinese high-speed railway project linking Bangkok and Nakhon Ratchasima to enable construction to start this year.

BUSINESS

SME support urged

Business, Chatrudee Theparat, Published on 06/05/2017

» Commercial banks and large private firms are being urged to join more Pracha Rat public-private collaborative projects to help upgrade Thai small and medium-sized enterprises (SMEs) and community enterprises.

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BUSINESS

Ministry ready for bigger stake in IBank

Business, Chatrudee Theparat, Published on 04/05/2017

» The Finance Ministry may need to hold more than a 49% stake in state-owned Islamic Bank of Thailand (IBank) if the bank fails to draw new partners, according to the bank's recapitalisation plan scheduled to go before the cabinet for approval in the next two weeks.

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THAILAND

Hong Kong 'keen on investment'

Business, Chatrudee Theparat, Published on 09/05/2017

» Investors from Hong Kong aim to plough money into more than 100 projects in Thailand, notably in the government's ambitious Eastern Economic Corridor (EEC), says the Hong Kong Trade Development Council (HKTDC).

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BUSINESS

B50bn fund for low income approved

Business, Chatrudee Theparat, Published on 10/05/2017

» The cabinet approved a Finance Ministry proposal yesterday to establish a 50-billion-baht "Pracha Rat Fund for Low-Income Earners" to reduce income disparity over the long run.