Economy and commerce

Economic policy and administration

Thailand sees 23% rise in new businesses in first half

Despite the Covid-19 pandemic, the first half of 2021 saw 41,022 new businesses established, or 23 per cent more than the same period last year. In comparison, only 4,930 businesses shut down or 21 per cent fewer than last year.The top three sectors that attracted ...

The Nation Reporter

New factory registrations drop in Q3

The Covid-19 pandemic has presented an unpleasant picture for new factory registrations, with a sharp decrease in new factories and facility expansions in the third quarter of 2021, according to the Department of Industrial Works (DIW).From October 2020 to June 2021, factory expansion projects decreased ...

Bangkok Post Reporter

Third phase of co-payment scheme opens to another 31 million people

Registration for the third phase of the “Khon La Khrueng” (Lets Go Halves) co-payment scheme opened on Monday (June 14). The third phase covers an extra 31 million people with a government budget of THB93 billion. The first two phases of the Covid-relief scheme covered ...

The Nation Reporter

50 more days granted for consideration of CPTPP [Video]

Following the hashtag #NOCPTPP​ trending due to resistance directed at Thailand’s participation in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the Ministry of Foreign Affairs explained that the Cabinet only agreed to grant the Prime Minister another 50 days to consider the issue to ...

2.4 million more people to be eligible for RaoChana cash-handout scheme

The Cabinet on Tuesday agreed to allow another 2.4 million people to register for the government’s cash-handout “RaoChana” (We Win) scheme and agreed to give beneficiaries until June 30 to use up their subsidy, a source said.The proposal had been put forward by the Fiscal ...

The Nation Reporter

Ministry working on third phase of co-payment subsidy

The Finance Ministry is in the process of designing the third phase of the co-payment subsidy scheme to maintain economic recovery momentum.The ministry is deliberating on the number of eligible recipients and monetary giveaway for each individual in the third phase, said Krisada Chinavicharana, permanent ...

Wichit Chantanusornsiri

High value-added economy in focus

The next national economic and social development plan should aim to provide Thailand a high value-added economy, according to the state planning unit.Danucha Pichayanan, secretary-general of the National Economic and Social Development Council (NESDC), said the NESDC board on Feb 15 approved a development framework ...

Bangkok Post Reporter

Government banking on BCG model to propel recovery

The bio-, circular and green (BCG) economy is being touted by the government as a new model to bolster economic recovery.The first meeting of a management committee to drive the BCG economy, chaired by the prime minister, in January approved a five-year strategic plan to ...

Bangkok Post Reporter

Handout eligibility reassessed

The Finance Ministry is preparing to reconsider the eligibility criteria for receiving financial aid under the Rao Chana (We Win) scheme, which stipulates recipients should have a taxable income of no more than 300,000 baht per year.Approved in January, the We Win scheme aims to ...

Wichit Chantanusornsiri

New discount scheme to ease hardships

The Commerce Ministry has teamed up with 11 digital platforms to roll out new discount campaigns, running until Feb 28, to relieve economic hardship amid the pandemic.According to Commerce Minister Jurin Laksanawisit, more than 100,000 shops are participating in the new campaign, with 1 million ...

Phusadee Arunmas

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