Bangkok Post
Chamber suggests help for agriculture
The Thai Chamber of Commerce (TCC) is demanding the government provide stronger support for the 12.3 million people working in the agricultural sector to improve the economy and exports. During a recent policy review, TCC representatives noted that diversifying the country’s revenue streams through ventures ...
Bangkok Post Reporter
BoT starting digital factoring next year
The Bank of Thailand plans to implement digital factoring next year to facilitate small and medium-sized enterprise (SME) access to loans.Factoring businesses provide an intermediate solution for liquidity problems caused by delayed payments. The idea behind the process is suppliers sell the invoices of a ...
Somruedi Banchongduang
Ministry aims to sow seeds of growth
The Agriculture and Cooperatives Ministry and two agricultural companies are giving away vegetable seeds for home cultivation under a project aimed at easing financial impacts caused by the Covid-19 pandemic.Launched yesterday, the offer follows a successful giveaway on May 7 when 10,000 sets of vegetables ...
Apinya Wipatayotin
Pandemic's needs ease export drop
With rising demand for rubber gloves, products related to working from home, appliances, healthcare items and food because of the pandemic, the Commerce Ministry expects the country’s overall exports to shrink by just 5-8% this year.Pimchanok Vonkorpon, director-general of the Trade Policy and Strategy Office, ...
Phusadee Arunmas
Groups draft 'wellbeing plan' for LGBTIQN+
Advocacy groups and gender equality academics are drafting a LGBTIQN+ Wellbeing Strategy Plan, the country’s first master plan to deal with discrimination against gender identities that fall outside the traditional binary of masculine and feminine.“They [LGBTIQN+ people] are constantly discriminated against and bullied in our ...
Bangkok Post Reporter
Govt speeds up plans for highways to the South
Transport Minister Saksayam Chidchob has pledged to expedite the construction of new highways that will connect Bangkok with the southern provinces.Mr Saksayam said Prime Minister Prayut Chan-o-cha had instructed the Transport Ministry to urgently develop Thailand’s transport infrastructure, with a focus on enhancing the efficiency ...
Supoj Wancharoen
Govt budget for next year slashed B14bn
The 2021 government budget has been cut by about 14 billion baht. However, more has been allocated to education, public health, interior and justice agencies.Deputy Finance Minister Santi Promphat, the chairman of an ad-hoc committee reviewing the draft of the 2021 budget appropriation bill, said ...
Aekarach Sattaburuth
Govt amends 1979 Traffic Act
The cabinet has approved a bill to amend the 1979 Traffic Act that will allow doctors to test unconscious motorists or passengers in a vehicle for alcohol consumption, says deputy government spokeswoman Rachada Dhnadirek.The bill, sponsored by the Royal Thai Police, will authorise investigators to ...
Mongkol Bangprapa
Analysts see growth in NPL management
Debt collection and management of non-performing assets pose lucrative growth opportunities amid the economic retraction, financial analysts say.According to Maybank Kim Eng securities analyst Thanaphat Suksrichavalit, the debt management business will outperform in the second half of 2020.Keep reading ...
Bangkok Post Reporter
Fiscal 2021 disbursement faces one-month delay
Disbursement of fiscal 2021 budget is expected to be deferred by only a month and will not affect public investment, says finance permanent secretary Prasong Poontaneat.Deferment of the law on fiscal 2021 budget from Oct 1 will have no impact on public investment, Mr Prasong ...
Wichit Chantanusornsiri