News
Ministry taps state banks to boost rural economy
The Finance Ministry plans to prioritise strengthening the rural economy and accelerate infrastructure investments in 2020 as a means to cushion against external headwinds.The Finance Ministry will use state-owned banks, including Krungthai Bank (KTB), Government Savings Bank, GH Bank and the Small and Medium Enterprise ...
Wichit Chantanusornsiri
Govt eases fishing regulations after protests
Commercial fishermen across Thailand have decided to end their protests after the government pledged to assist with problems which they believed stemmed from measures taken to curb Illegal, Unreported and Unregulated (IUU) fishing.Rallies against the government’s stringent regulations aimed at countering IUU fishing have been ...
Bangkok Post Reporter
2020 budget poised to sail through House
The fiscal 2020 budget bill is expected to receive parliamentary approval early next year as the coalition government has sufficient votes from lawmakers to pass the bill, says Kobsak Pootrakool, the Prime Minister’s Office Minister.“I am confident the government will be able to pass the ...
Nuntawun Polkuamdee
Research budget gets B8bn boost
The House has reversed a decision to cut 63.7% or 8 billion baht from the annual budget requested to fund science, research and innovation.The House committee vetting the government’s 2020 budget bill was convinced by the Ministry of Higher Education Science Research and Innovation’s appeal ...
Bangkok Post Reporter
Drought declared across 11 provinces
Thailand is facing a drought after emergency measures were ordered in 54 districts in 11 provinces, according to the Department of Disaster Prevention and Mitigation.Monton Sudprasert, director-general of the department, said that a drought has been declared in Chiang Rai, Nan, Nakhon Phanom, Maha Sarakham, ...
Bangkok Post Reporter
SEC urged to use new technologies to support capital market
Rapid technological advancements have made life more convenient. New technologies in the capital market have facilitated investors and created a more conducive environment from which all stakeholders can benefit. The Deputy Secretary-General to the Prime Minister, Dr. Kobsak Pootrakool, said some laws should be amended ...
Tarin Angskul
Fishermen threaten strike action
Disgruntled fishermen from 22 coastal provinces have threatened to raise the level of their protest if the government does not respond positively to their demands for relaxation of stringent regulations within three days.An estimated 8,000 fishing trawler operators and boat crew on Tuesday converged outside ...
Bangkok Post Reporter
5G to improve quality of life: Deputy PM
The adoption of 5G wireless broadband technology will bring social and economic benefit to Thailand, Deputy Prime Minister Prawit Wongsuwan said on Wednesday (December 18).Prawit was presiding over the event “5G The New BEGINNING to change Thailand’s economic landscape”, co-hosted by Krungthep Turakit newspaper, The ...
The Nation Reporter
Household debts slow but remain high
Commenting on the news that S&P Global Ratings had upgraded its outlook on Thailand’s sovereign credit rating to positive from stable for the first time in 9 years, Prime Minister and Minister of Defence Gen Prayut Chan-o-cha said after the Cabinet meeting on Tuesday (December ...
The Nation Reporter
Heinrich Böll Foundation and Greenpeace call for global convention on plastic crisis
The Heinrich Böll Foundation (HBF) and Greenpeace held a press briefing last Thursday (12 December) at the Heinrich Böll Foundation Southeast Asia office in Bangkok, in which representatives of the two organizations called for a new global convention on the plastic crisis and for a ...