Economy and commerce
Economic policy and administration
Thailand BOI Approves Measures to Support Carbon Reduction
The Thailand Board of Investment (BOI) at a meeting today approved incentives to encourage companies to reduce greenhouse gas emission as well as an enhanced scheme for electric vehicles and measures to mitigate Covid-19 impacts and support local vaccine development, Ms Duangjai Asawachintachit, Secretary General ...
Thailand sees 23% rise in new businesses in first half
Despite the Covid-19 pandemic, the first half of 2021 saw 41,022 new businesses established, or 23 per cent more than the same period last year. In comparison, only 4,930 businesses shut down or 21 per cent fewer than last year.The top three sectors that attracted ...
The Nation Reporter
New factory registrations drop in Q3
The Covid-19 pandemic has presented an unpleasant picture for new factory registrations, with a sharp decrease in new factories and facility expansions in the third quarter of 2021, according to the Department of Industrial Works (DIW).From October 2020 to June 2021, factory expansion projects decreased ...
Bangkok Post Reporter
Third phase of co-payment scheme opens to another 31 million people
Registration for the third phase of the “Khon La Khrueng” (Lets Go Halves) co-payment scheme opened on Monday (June 14). The third phase covers an extra 31 million people with a government budget of THB93 billion. The first two phases of the Covid-relief scheme covered ...
The Nation Reporter
50 more days granted for consideration of CPTPP [Video]
Following the hashtag #NOCPTPP trending due to resistance directed at Thailand’s participation in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the Ministry of Foreign Affairs explained that the Cabinet only agreed to grant the Prime Minister another 50 days to consider the issue to ...
2.4 million more people to be eligible for RaoChana cash-handout scheme
The Cabinet on Tuesday agreed to allow another 2.4 million people to register for the government’s cash-handout “RaoChana” (We Win) scheme and agreed to give beneficiaries until June 30 to use up their subsidy, a source said.The proposal had been put forward by the Fiscal ...
The Nation Reporter
Ministry working on third phase of co-payment subsidy
The Finance Ministry is in the process of designing the third phase of the co-payment subsidy scheme to maintain economic recovery momentum.The ministry is deliberating on the number of eligible recipients and monetary giveaway for each individual in the third phase, said Krisada Chinavicharana, permanent ...
Wichit Chantanusornsiri
High value-added economy in focus
The next national economic and social development plan should aim to provide Thailand a high value-added economy, according to the state planning unit.Danucha Pichayanan, secretary-general of the National Economic and Social Development Council (NESDC), said the NESDC board on Feb 15 approved a development framework ...
Bangkok Post Reporter
Government banking on BCG model to propel recovery
The bio-, circular and green (BCG) economy is being touted by the government as a new model to bolster economic recovery.The first meeting of a management committee to drive the BCG economy, chaired by the prime minister, in January approved a five-year strategic plan to ...
Bangkok Post Reporter
Handout eligibility reassessed
The Finance Ministry is preparing to reconsider the eligibility criteria for receiving financial aid under the Rao Chana (We Win) scheme, which stipulates recipients should have a taxable income of no more than 300,000 baht per year.Approved in January, the We Win scheme aims to ...
Wichit Chantanusornsiri
