News
Prayut urges steady interest rates
Prime Minister Prayut Chan-o-cha called on the central bank to maintain its policy interest rate on Tuesday to curb a capital flight and support the domestic economy.Gen Prayut also vented his growing concern over a surge in the inflation rate after headline inflation, gauged by ...
Bangkok Post Reporter
Cabinet approves Civil Partnership Bill
The cabinet has approved the Civil Partnership Bill, which allows same-sex couples to register their partnership, and legal amendments after being vetted by the Council of State.Deputy government spokeswoman Rachada Dhnadirek said on Tuesday that the cabinet earlier endorsed the draft bill, which was sponsored ...
Bangkok Post Reporter
Shippers keep faith in 5-8% growth view
A group of Thai exporters remains bullish on the country’s prospects this year, despite slower growth in April.Chaichan Chareonsuk, chairman of the Thai National Shippers’ Council (TNSC), said the council believes 5-8% growth for the country’s export sector is still achievable, with key drivers including ...
Bangkok Post Reporter
FTI urges maintaining diesel price subsidy
Thailand’s inflation rate is expected to stand at 4-5% throughout this year, prompting the need for the government to maintain its diesel price subsidy programme, says the Federation of Thai Industries (FTI).The estimate is based on the latest survey of 200 executives across 45 industries ...
Lamonphet Apisitniran
Government, BOT working closely to create cashless society
The government and the Bank of Thailand (BOT) are successfully moving the country towards a cashless society and digital economy, government deputy spokeswoman Ratchada Thanadirek said.Ratchada said on Monday that the government and the BOT have a significant role to play in this transition with ...
The Nation Reporter
Thailand loses big in global environment ranking
Lack of measures and government interest has pulled Thailand’s environment ranking down from 78 to 108 among 180 countries, an academic said citing a Yale University survey.Kasetsart University lecturer Witsanu Attavanich said on Sunday that Thailand has dropped eight points from 85 to 93 in ...
The Nation Reporter
Lancang-Mekong 'soft connectivity'
China has collectively consulted, contributed to and shared in the development of the Lancang-Mekong region with the five Mekong countries — Thailand, Myanmar, Cambodia, Laos and Vietnam — over the past five years, helping to promote economic sustainability and connectivity.The Lancang-Mekong Cooperation (LMC) framework is ...
Bangkok Post Reporter
Govt plans B55bn savings bond issue in June
Thailand will sell 55 billion baht of government savings bonds next month to help finance a budget deficit, a Finance Ministry official said on Monday.The 5-year and 10-year bonds will be offered to the public with yearly average coupon of 2.9% and 3.6% respectively, said ...
Dropouts up as subsidy funding lags
The government’s free education programme needs to be revised to improve access to and the quality of basic education following an increase in dropouts among poor students, a seminar was told.Chaiyuth Punyasavatsut, lecturer at Thammasat University’s faculty of economics, told a forum held by the ...
Bangkok Post Reporter
Sharing private data without permission can cost up to THB5m in fines
Government and private organisations can face a fine of up to 5 million baht and/or a year in prison for violating the Personal Data Protection Act (PDPA), which goes into effect on Wednesday.Under PDPA, government and private sectors worldwide, including officials responsible for data administration ...
The Nation Reporter