News

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 ...

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 ...

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, ...

Thailand’s energy policy has failed to develop solar and wind energy, making Vietnam a hub for foreign investment, employment and production, with these helping reduce the impact on that country’s economy from the Covid-19 crisis, Greenpeace Southeast Asia said in its Southeast Asia Power Sector ...

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 ...

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 ...

The Department of Labour Protection and Welfare has launched a new ad-hoc centre to track job losses, hoping to serve as an intermediary to help employers and workers gain access to legal rights.Covid-19 has affected businesses both in terms of increasing costs and unemployment. According ...

The Securities and Exchange Commission (SEC) is amending the Securities and Exchange Act to allow SEC officials to become investigating officers in legal cases involving the Securities and Exchange Act and Future Exchange Act, said SEC secretary-general Ruenvadee Suwanmongkol.“Currently, SEC officials have no investigating authority ...

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 ...

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 ...