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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.

BUSINESS

Biorefinery slated for operation in 2024

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

» Bio Base Asia Pilot Plant (BBAPP), which manages the multi-purpose biorefinery pilot plant in the Eastern Economic Corridor of Innovation in Rayong, is scheduled to start operation in 2024.

BUSINESS

Government preps incentives for 4 new economic corridors

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

» The government looks set to settle investment incentives for four new economic corridors in four regions next month, a move aimed at increasing investment in the areas.

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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

Finance minister adamant on Thailand's fiscal stability

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

» Finance Minister Arkhom Termpittayapaisith insists Thailand still has enough fiscal stability to support the government to grow the economy despite the double whammy of soaring food and oil prices driven by strong demand and the Russia-Ukraine war.

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BUSINESS

Panel to mull wage hike proposal

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

» Members of the tripartite national wage committee are expected to meet later this year to consider a proposal calling for the government to increase the daily minimum wage rate in response to the increase in living costs in the kingdom, Labour Minister Suchart Chomklin said on Thursday.

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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.

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.