News
Thai PM 'very worried' about weak Q3 growth, plans more stimulus
Thai Prime Minister Srettha Thavisin said on Monday (Nov 20) he was “very worried” about much slower-than-expected growth in the third quarter, with the economy burdened by declining exports and government spending.Gross domestic product (GDP) expanded 1.5 per cent in the July-September quarter from a ...
Thailand offers 50% tax cut to boost smart cities
The Digital Economy and Society Ministry on Monday incentivised smart city development by offering a 50% cut in corporate tax for three years.DES Minister Prasert Chanthararuangthong announced the move during a seminar titled “Thailand Smart City 2024” at the Grand Hyatt Erawan Hotel in Bangkok. ...
The Nation Reporter
Foreign Ministry urges envoys to become proactive in driving Thai economy
The Foreign Ministry launched a weeklong summit with Thai ambassadors, consuls general and trade representatives to give them instructions on working proactively to expand the country’s economy.The forum, which wraps up on Friday, was opened by Foreign Minister Parnpree Bahiddha-Nukara on Monday at the JW ...
The Nation Reporter
Thai banks' bad loans slow to 2.73% of lending at December-end -c.bank
Thai banks’ non-performing loans stood at 2.73% of total lending at the end of December 2022, down from 2.77% at the end of September, helped by debt restructuring, the central bank said on Monday.The banking system remained strong with high levels of capital, loan-loss provisions ...
3% hike in marketing spending forecast next year
The Marketing Association of Thailand (MAT) forecasts marketing spending next year will increase by only 3% because of the negative outlook for the global economy. Marketers are expected to prioritise their investment in the areas of content platforms, commerce platforms and payment platforms next year, said ...
Bangkok Post Reporter
Import technology and talent, improve education: Thai businesses
The Thai Chamber of Commerce has urged the government to reform the country and its economy, import technology, attract foreign skilled labour, improve education and boost the birth rate. The results of a survey of nationwide members of the Thai Chamber of Commerce were compiled in ...
Bangkok Post Reporter
’30-baht treatment anywhere’ highlight of Thailand’s new ‘quick win’ health policies
The Public Health Ministry has consolidated the 13 national health plans previously proposed into 10 urgent or “quick win” policies, with the “30-baht treatment anywhere” scheme at its centre.The “30-baht treatment anywhere” scheme was part of the key election promises made by the ruling Pheu ...
The Nation Reporter
Economic experts urge govt to improve its communication strategy to build confidence
Over the past two to three months, the government’s focal point has been the digital wallet project, marked by the establishment of a task force and frequent updates.However, this heightened communication has drawn criticism from scholars who question the government’s communication strategies.Burin Adulwattana, managing director ...
The Nation Reporter
Ministry's ambitious Clean Air Bill to go before cabinet this month
The Ministry of Natural Resource and Environment (MNRE) will push a draft Clean Air Act for cabinet consideration later this month to prevent the problem of air pollution from spinning out of control. Pol Gen Phatcharavat Wongsuwan, the environment minister, said the bill has been put ...
Bangkok Post Reporter
Details of digital wallet payment to be clarified next week
Clarification of the details concerning the 10,000 baht digital handout will be announced in the coming week in line with Prime Minister Srettha Thavisin’s promise that the scheme would be finalised by November 10.Sources from the government revealed that a committee meeting on the project, ...
The Nation Reporter
