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PTT Group executives met with Deputy Prime Minister Somkid Jatusripitak on Wednesday (February 12) to discuss the chronic drought’s likely effects on business, especially in the Eastern Economic Corridor (EEC).PTT president and chief executive Chansin Treenuchagron said an aqueduct system is in place to supply ...

The Thai economy could be hit hard if the new coronavirus (Covid-19) outbreak is prolonged, Don Nakornthab, senior director at the Bank of Thailand, said on Thursday (February 13).The economy is already weighed down by the impacts of the delay in implementing the annual budget ...

The cabinet has approved a draft ministerial law on construction as it steps up efforts to reduce harmful levels of ultra-fine particles of dust.The current law, enforced since 1983, is too old to be applied to modern building methods in line with safety and environmental ...

Thailand risks losing its place as the world’s second biggest rice exporter this year thanks to weaker competitiveness and a lack of rice varieties to cater to changing market demand.Charoen Laothamatas, president of the Thai Rice Exporters Association, said amid stiff competition, relatively higher production ...

To Focus on Commercial Strength and Bilateral Investment for the Growth of CLMV EconomyMr. Chanitr Charnchainarong, Chairman of Thailand-Cambodia Business Council (TCBC) revealed that TCBC in collaboration with The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB), and The Stock Exchange of Thailand (SET) ...

Demand for household loan is expected to decline in the first quarter of this year in line with the current economic situation that has affected consumers’ spending, according to a survey on loan tendency by the Bank of Thailand (BOT),The survey was conducted among executives ...

Just as dusk spread across Bangkok on a recent Sunday evening, the mood in a cavernous warehouse near a busy traffic intersection was electric. The crowd chanted anti-establishment slogans in response to the provocative hip-hop blasting out from the stage, as headliners Rap Against Dictatorship ...

The cabinet on Tuesday approved additional tax measures to boost private investment in 10 special economic zones (SEZs) and the flagship Eastern Economic Corridor (EEC).Government spokeswoman Naruemon Pinyosinwat said one of the two measures is a reinstated corporate income tax of 10%, down from 20%. ...

The Digital Economy and Society (DES) Ministry has come under heavy fire after it sought a high budget of 7.5 billion baht for the five-year maintenance of its WiFi hotspot project covering 24,700 remote villages, known as the Net Pracharat scheme.DES Ministry representatives were invited ...

A meagre 25 billion baht in investment budget was doled out in the first three months of fiscal 2020, as the months-delayed 3.2-trillion-baht budget bill has yet to be enforced, says a source at the Finance Ministry who requested anonymity.The disbursed budget accounted for 4.4% ...