News

Suphachai Chearavanont, CEO of Charoen Pokphand (CP) Group, has reaffirmed the company’s commitment to investing in the 225-billion-baht high-speed railway linking three major airports, despite it being considered a high-risk investment. The company will keep pushing for the project to materialise for the benefit of ...

The cabinet on Tuesday passed resolutions on several issues, ranging from the transfers of high-ranking government officials and measures for oil palm growers to measures for business operators.The cabinet approved extension to the registration period for a reduction in corporate income tax for Special Economic ...

With a budget of Bt1.28 billion, the Ministry of Industry’s Department of Industrial Promotion (DIP) aims to generate a business value of Bt13 billion in 2019 through bringing traditional small and medium-sized enterprises (SMEs) onto e-commerce platforms and boosting the country’s startup ecosystem through Thailand ...

The government is pushing to get at least two contracts relating to the much-touted Eastern Economic Corridor (EEC) project to be signed by next month, before the new government is sworn in. Keep reading ...

Economic growth is expected to take a heavy hit due to the rising number of the elderly and the country urgently needs to tackle it by cutting in half the number of military personnel, increasing the number of foreign labourers and employing increased automation in ...

The public investment budget for the seven months through April was 5.86 percentage points higher than targeted, says a senior official at the Comptroller-General’s Department. State agencies took out 370 billion baht of their investment budget during October 2018 to April 2019, representing 66.7% of the ...

Upgrading European emission standards is high on the agenda for policymakers amid hazardous dust pollution and PM2.5 particles in the northern, northeastern and central regions. Thailand adopted the standards in 1996 to tackle pollution, aiming to implement them a year later. At that time, Thailand ...

Thailand in late March held its first elections since 2014. Whatever its shortcomings, the vote ensured that elected representatives in parliament have some measure of accountability and provided a legitimate outlet for dissent. Keep reading ...

The Revenue Department is warning corporate taxpayers that it has already adopted data analytics and a risk-based auditing system that can better track the accuracy of tax payments. The tax-collecting agency is using high-tech software to evaluate the financial position of operators relative to their ...

Financial technology (fintech) has taken the lead in Thailand’s digital transformation process, to be followed by e-commerce in the next five years, said Pete Chemsripong, general manager of ThoughtWorks (Thailand), a global tech-consulting firm.Keep reading ...