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Thailand unveils two weapons to attract foreign investment
Thailand has unveiled the focus of its four-year strategy to attract foreign direct investment to boost its faltering economy: clean energy and incentives to offset the new Global Minimum Tax.Prime Minister Srettha Thavisin has embarked on an international roadshow since coming to power in August, ...
The Nation Reporter
Deputy PM urges global action, seeks $100-bn annual climate fund commitment
Deputy Prime Minister Patcharawat Wongsuwan called on all developed nations to contribute to the yearly US$100-billion fund to combat climate change.Patcharawat made the call in his speech delivered to the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC), ...
The Nation Reporter
Thailand promotes development of northeast provinces
Thai Prime Minister Srettha Thavisin has instructed the Tourism Authority of Thailand (TAT) and the Ministry of Tourism and Sports to look for distinguishing features of the northeastern provinces of Nong Bua Lamphu, Bung Kan, Loei, Nong Khai and Udon Thani, that can be used ...
BoT seen cutting rates in H2, 2024
The Bank of Thailand is projected to start cutting interest rates in the second half of 2024, in line with similar moves by the US Federal Reserve, say analysts, as the domestic economy needs more support to drive growth next year.BMI, a unit of New ...
Bangkok Post Reporter
Cabinet okays B8bn package for sugarcane farmers
The mobile cabinet on Monday greenlighted incentives worth 8 billion baht for sugarcane farmers who agree to cut fresh sugarcane without burning the residue, a move aimed at helping reduce the amount of PM2.5 dust in the 2022/23 harvest year. According to Rudklao Suwankiri, the government’s ...
Bangkok Post Reporter
Household debt for Q2 spikes at Bt16.07 trillion
The national household debt has increased by 3.6%, compared to the first quarter, to about 16.07 trillion baht in the second quarter of this year, representing 90.7% of GDP, according to the National Economic and Social Development Board.The board said that credits of all kinds ...
Call for more stimulus to help economy
Thailand needs new government measures to stimulate the economy next year, easing the impact from the delay in budget allocation for fiscal 2024, says the Federation of Thai Industries (FTI).Fiscal 2024 started on Oct 1, 2023, but the Srettha Thavisin administration has yet to finalise ...
Bangkok Post Reporter
Disabled people an untapped source of Thai economic growth, says PM Srettha
Prime Minister Srettha Thavisin vowed to build a society that leaves no group behind on Sunday, as Thailand marked the UN International Day of Persons with Disabilities.In his speech to mark the occasion, Srettha noted that only 6% of working-age disabled people were employed in ...
The Nation Reporter
Experts identify 3 obstacles to Thailand’s push for global digital competitiveness
The government must readjust its focus to facilitating and regulating digital commerce if Thailand wants to break into the global top 30 digital competitiveness ranking, according to experts and industry figures.Their comments came during a Thursday seminar marking the International Institute for Management Development (IMD)’s ...
The Nation Reporter
FTA talks with EU to get reboot
Thailand is gearing up for the resumption of Free Trade Agreement (FTA) negotiations with the European Union (EU) after the talks were suspended in 2014 due to the coup. The talks should be completed in in 2025, said Commerce Minister Phumtham Wechayachai. Mr Phumtham said on ...
Bangkok Post Reporter
