Bangkok Post

BoI promises 'golden year' with package

The Board of Investment (BoI) plans to meet to consider a new investment package on Monday (Nov, 12) to make next year “the golden year of investment”. Deputy Prime Minister Somkid Jatusripitak assigned the BoI to design a new investment package during his recent trip ...

Chatrudee Theparat

Thailand assumes Asean chairmanship

Thailand is expected to push Asean to finalise the negotiations on the Regional Comprehensive Economic Partnership (RCEP) and the South China Sea code of conduct as it assumes the bloc’s chairmanship. Although the handover ceremony will take place later today, with Singaporean Prime Minister Lee ...

Kornchanok Raksaseri

SMEs' bad loans creep up

Commercial banks’ non-performing (NPL) and special mention loans (SMs) for small and medium-sized enterprises (SMEs), automobiles and credit cards at the end of September ticked up from the previous three months, resulting in a higher potential for more soured loans. Keep reading ...

Somruedi Banchongduang

Treasury Department moves to raise commercial rent

The Treasury Department wants to raise the rent for land being used for commercial purposes to a 4% return on assets, up from 2-3% of ROA, to match the economic situation, the department chief says. Keep reading ...

Wichit Chantanusornsiri

Traffic project tipped to cause chaos

The 900-day construction of three overpass projects over Na Ranong intersection is expected to trigger critical traffic woes around the area with motorists being advised to avoid the route. Thanu Tharakhate, of Construction Supervision Division under City Hall’s Department of Public Works (DPW), said the ...

Supoj Wancharoen

To pay or not to pay: Deduction of wages under the Labour Protection Act

When an employee causes damage to a company, Thai employers often resort to deducting wages, holiday pay, or overtime payments as a penalty or restitution. Before doing so, the employer should know when it is permissible to do so under Thai law, and the risks ...

Chusert Supasitthumrong

60 days 'long enough' for campaigning

Deputy Prime Minister Prawit Wongsuwon insisted political parties will have about 60 days for election campaigning after the ban on political activities is lifted. The 60-day period for campaigning should be long enough when compared to the campaign for the 2011 election called by former ...

Bangkok Post Reporter

Facing up to Thailand's role as Asean chair

As Thailand gears up to chair Asean next year, a sense of deja vu is setting in. The last time Thailand held its rotational turn at Asean’s helm from July 2008 to December 2009, it was undermined by domestic street protests that ended up disrupting ...

Thitinan Pongsudhirak

PM to prioritise Asean sustainability

Based on the themes of resilience and innovation, Thailand is preparing to make sustainability more of a priority for Asean as the kingdom prepares to chair the regional bloc next year. Suriya Chindawongse, director-general of the Department of Asean Affairs, said Prime Minister Prayut Chan-o-cha ...

Kornchanok Raksaseri

Thai-China trade pact signed

Thailand is moving ahead with plans to upgrade economic cooperation with China, agreeing Wednesday (Nov, 7) to the comprehensive framework on enhancing trade and economic partnership between the two nations and aiming to double bilateral trade to UScopy40 billion (4.59 trillion baht) by 2021.Keep reading ...

Phusadee Arunmas

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