Pristine bay in Phuket under threat from marina developers
A marina developer has plans to turn one of Phuket’s few remaining mangrove forests into a new gateway for luxury yachts and cruises post the Covid-19 pandemic period. In Ao Kung, a quiet bay in the northern part of bustling Phuket island, Sujirtra Thothip stood in ...
Wanpen Pajai
Increasing ecosystem carbon is good for species, says new study
It is widely assumed that land uses that increase carbon in biomass and soil to mitigate climate change also benefit biodiversity. But that might not always be the case. Until recently, there was no clear picture on what the most likely carbon-boosting strategies, such as ...
Gloria Pallares
Thailand Promotes Major Infrastructure Projects to Support Growth Over the Next Five years
Thailand expects its ongoing investment in major infrastructure to be the basis of growth in the next five years, Mr. Kobsak Pootrakool, Deputy Secretary General to the Prime Minister and Secretary to the Thailand’s Council of Economic Ministers, said at a recent meeting with the ...
Hundreds of newly discovered species under threat in Southeast Asia’s Mekong region
Nearly 400 species only just discovered in Asia’s Greater Mekong region could soon become extinct due to loss of habitat caused by human activity, the World Wildlife Fund (WWF) warned in a report published Monday. The discoveries – including an orchid that looks like a “Muppet ...
Kathleen Magramo
Cabinet okays processed food roadmap
The cabinet has approved the first phase of a food and food processing development plan from 2020-2027, aiming to develop value-added products and increase competitiveness in the global market.The government wants to push Thailand to become Asean’s processed food hub by 2027. To achieve its ...
Lamonphet Apisitniran
Foreign e-service firms liable for VAT
Starting on Sept 1, overseas businesses providing online services in Thailand will be required to register for the 7% value-added tax (VAT) liability if their annual income exceeds 1.8 million baht, according to a Revenue Department official.The e-service tax has been approved by parliament and ...
Wichit Chantanusornsiri
CLMVT touted as global value chain
The area of the CLMVT (Cambodia, Laos, Myanmar, Vietnam, Thailand) is being urged to upgrade to become a new global value chain to accommodate the new economy and offset the world’s economic uncertainties.Keep reading ...
Phusadee Arunmas
PM calls for a digital ecosystem for region
Prime Minister General Prayut Chan-o-cha has urged policymakers and entrepreneurs in Southeast Asia to develop and nurture a digital trade ecosystem as information technology in the region takes off. Delivering the keynote speech on the topic of “CLMVT Taking-Off Through Technology”, Prayut praised the region’s ...
Wichit Chaitrong
Cabinet agrees to keep VAT at 7% for another 2 years
The Cabinet on Tuesday agreed to maintain the VAT rate at 7 per cent for another two years from October 1, 2021, to September 30, 2023. The 7 per cent rate of value-added tax will be collected on sales of goods, services, and all imports ...
The Nation Reporter
VAT stays at 7% for another year
Finance Minister Uttama Savanayana confirmed on Tuesday (September 10) that the Cabinet has agreed to maintain value added tax (VAT) at 7 per cent for another year and has vowed to keep a close eye on the economy.Keep reading ...
The Nation Reporter
Exports improve as Thai exporters adapt to the situation
In September, Thailand’s exports contracted 1.4 per cent year on year to US$20.481 billion (Bt319.88 billion), while imports contracted 4.2 per cent year on year to $19.206 billion, resulting in a trade surplus of $1.275 billion.Exports during the first nine months of this year dropped ...
The Nation Reporter
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
Deteriorating Mekong ecosystem alarms activists
Environment advocates are voicing concerns over the Mekong River’s deteriorating ecosystem, especially with more projects set to affect the waterway in the pipeline.“If these so-called development projects continue, especially the construction of more dams, the Mekong will face a crisis,” said Niwat Roi-kaeo, president of ...
Wassayos Ngamkham
WLE: Solutions for Thriving Ecosystems
Research Program on Water, Land and Ecosystems (WLE) is a global research-for-development program connecting partners to find these solutions. Through the International Water Management Institute (IWMI) and 12 other core partners, WLE ensures thriving Ecosystems go hand-in-hand with agricultural development, food system resilience and human ...
Marine protections ordered for Samui to preserve ecosystem
The Dapartment of Marine and Coastal Resources has decreed protective measures for tourist destinations Samui, Pha-ngan and Tao islands in Surat Thani province that will halt several routine practices and popular activities.Department director Jatuporn Burutpat signed the order in mid-August but it will not come ...
The Nation Reporter
BMA invites people to restore ecosystem towards green metropolis on World Environmental Day
The United Nations designated 5 June every year as World Environment Day and also established the United Nations Environment Programme (UNEP) to implement environmental activities to encourage awareness on environment among people around the world to jointly take action in environment protection.Bangkok Metropolitan Administration (BMA) ...
Bangkok Post Reporter
Stimulus measures boost SET by 8%
Fresh stimulus measures announced by governments and central banks hiked the value of stocks in Thailand by almost 8 per cent on Friday (March 20).Cheered further by the rebounding crude oil price, the Stock Exchange of Thailand (SET) index closed at 1,127.24 for an increase ...
The Nation Reporter
Thailand among countries ‘ready for 4th industrial revolution’
Thailand is one of top three countries in region at a stage of development to incorporate 4th industrial revolution (4IR) technologies. Oil and gas, chemicals and utilities are the top three industries adopting 4IR in the country.Naveen Menon, Cisco’s president for Asean, said that manufacturing is ...
The Nation Reporter
BoT tells e-money services to register
The Bank of Thailand has required all e-money, credit, debit and ATM card, and fund transfer service providers to either register with or seek approval from the central bank by Aug 14 to prevent their business from being shut down.Keep reading ...
Somruedi Banchongduang
Thailand Seeks More Than $2 Billion in Auction of 5G Spectrum
Thailand will auction spectrum for fifth-generation mobile services on Sunday in a sale that may generate more than $2 billion.The National Broadcasting & Telecommunications Commission has said it expects firms to snap up as many as 28 of the 56 licenses available. That would be ...
Suttinee Yuvejwattana
