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Search Result for “plan”

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BUSINESS

Inbound duty-free shops to be closed

Wichit Chantanusornsiri, Published on 02/07/2024

» The cabinet says duty-free shops in arrivals areas of international airports will be closed to encourage more spending by visitors in domestic stores, with projections for up to 3.5 billion baht a year of new local retail spending.

BUSINESS

Cabinet approves additional B276bn in borrowing

Post Reporters, Reuters and Bloomberg, Published on 02/07/2024

» The cabinet has approved an additional 276 billion baht in borrowing for the 2024 fiscal 2024, of which 269 billion is for direct government use as well as funds for state enterprises to restructure debt.

BUSINESS

DES Ministry banks on Korat Model

Business, Komsan Tortermvasana, Published on 02/07/2024

» The Digital Economy and Society (DES) Ministry has rolled out the Korat Model to turn the province into a "digital metropolis of the future", part of the government's effort to turn Thailand into a digital economy hub.

BUSINESS

Board of Investment plan targets data centres, cloud

Business, Lamonphet Apisitniran, Published on 02/07/2024

» The Board of Investment (BoI) is speeding up a plan to promote investment in data centres and cloud services in Thailand, in line with global trends and the government's policy to support digital technology.

BUSINESS

Hotels want stimulus amid weak recovery

Business, Narumon Kasemsuk, Published on 02/07/2024

» Hotel operators are pushing for a tax deduction or subsidy for renovation investment, especially for green energy, while the Tourism Authority of Thailand (TAT) suggests hotels in second-tier cities install electric vehicle (EV) chargers to accommodate the growing trend of travel via EVs.

BUSINESS

Mama upbeat on sales despite cost spike

Business, Kuakul Mornkum, Published on 02/07/2024

» Saha Pathanapibul Plc, the marketer and distributor of Mama instant noodles, believes the Thai instant noodle market will continue to grow this year despite the country's stagnant economy.

BUSINESS

WHA Utilities and Power keen on expansion of overseas clean power

Business, Yuthana Praiwan, Published on 02/07/2024

» SET-listed WHA Utilities and Power (WHAUP), an arm of Thailand's biggest industrial land developer and operator WHA Corp, is conducting a due diligence review of the acquisition of new energy assets overseas worth US$200 million, in a bid to expand its renewable energy business.