Bangkok Post
Full dams add to flood woes
Low-lying areas near three major dams in Nakhon Ratchasima were hit by flash floods on Tuesday after water levels in the reservoirs exceeded maximum capacity.Lam Phra Phloeng Dam on Tuesday recorded 165 million cubic metres of water, four times more than the amount recorded last ...
Bangkok Post Reporter
BoT okays extension of B500bn soft loan plan
The Bank of Thailand approved the extension of its 500-billion-baht soft loan scheme by six months, and allowed companies listed on the Market for Alternative Investment to apply for the loans, a previous obstacle to participation.The central bank announced the relaxation of the parameters on ...
Somruedi Banchongduang
Treasury allots B4bn for medical hub
The Treasury Department together with the Public Health Ministry has vowed to splurge as much as 4 billion baht to develop and convert Phuket’s medical tourism industry into a world-class medical and wellness tourist destination.Director-general Yuthana Yimkarun said the department scheduled a Nov 2 ceremony ...
Wichit Chantanusornsiri
Tak closes crossing after Covid test find
The northern province of Tak on Saturday sealed its border shared with Myanmar’s Myawaddy after three more Myanmar nationals in Mae Sot border district tested positive for the new coronavirus that causes Covid-19.That prompted the Myanmar town to close its immigration checkpoint on the opposite ...
Bangkok Post Reporter
Finance Ministry prepares tax adjustments to lure FDI
The Finance Ministry is preparing to adjust the tax structure to incentivise foreign investors in preparation for a full reopening of the economy.One of the planned measures to stimulate the economy is adjusting the tax structure as a short-term boost for individuals and the private ...
Wichit Chantanusornsiri
BoT prolongs debt moratorium for SMEs
The Bank of Thailand has extended the debt moratorium period to next June for small and medium-sized enterprises (SMEs) with a credit line below 100 million baht and difficulty in servicing existing debts.The extension period will end on June 30, 2021. The extension will only ...
Bangkok Post Reporter
Thailand warms to China's ventures
The Chinese government is ready to enable an expansion of investments in Thailand and connect its Guangdong-Hong Kong-Macau Greater Bay Area (GBA) with the Thai government’s flagship Eastern Economic Corridor (EEC), Chinese Foreign Minister Wang Yi pledged on Thursday.Keep reading ...
Mongkol Bangprapa
BoT will not extend debt moratorium, plans targeted measures
The Bank of Thailand will not extend a broad-based debt moratorium but will introduce targeted measures to help debtors affected by the coronavirus pandemic, a BoT assistant governor said on Friday.Southeast Asia’s second-largest economy posted its deepest contraction in over two decades in the second ...
Standard EV charging system in the offing
The state and private sectors will start integrating different charging systems for electric vehicles (EVs) into a single standard as part of a trial early next year to make facilities more widely available to EV motorists.Up to 80 charging outlets have been built since 2016 ...
Yuthana Praiwan
Govt floats new plan for land bridge
The government is considering the idea of a land bridge project connecting the Andaman Sea and the Gulf of Thailand via Ranong and Chumphon provinces.Deputy government spokeswoman Traisuree Taisaranakul on Sunday told a press briefing that Prime Minister Prayut Chan-o-cha wants to improve infrastructure to ...
Bangkok Post Reporter