News
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
Bangkok’s vision to use data on traffic and pollution
The large urban sprawl of Bangkok is home to 9 million people and cars. The city is one of ASEAN’s fastest growing and by 2020 it is expected to host another 2 million people. As it expands, urban challenges stress city resources, infrastructure and funding.Dr. ...
Apala Bhattacharya
‘Very poor’ school students to be given additional financial aid
About 600,000 “very poor” students will soon receive an extra Bt800 per semester from the state, as the Equitable Education Fund (EEF) is stepping in to help reduce the educational disparities.Keep reading ...
The Nation Reporter
Drug bill to help speed up registration of new medicines
The new drug bill will allow specialists and their organisations, foreign or Thai, to review drug registration applications.“This aims at speeding up the registration process so people can have quicker access to useful medicines,” Government Spokesman Puttipong Punnakanta said yesterday (Nov, 13). He was speaking ...
Jakrawan Salaytoo
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
EU delegation to Thailand issues clarification on poll observers
The European Union on Sunday (Nov, 11) offered a clarification over a media report that it has asked to send an army of observers to monitor the upcoming general election expected in February next year.It said in a clarification that the EU has not received ...
Reject cannabis extract patents or be sued, researchers warn
Medical researchers appear poised to sue the Intellectual Property Department after it registered patents for cannabis extract products. At least two patents have been granted for cannabinoid products, despite the Intellectual Property Department insisting it is impossible for anyone to own a cannabis extract patent.Keep ...
Pratch Rujivanarom
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
PM Prayut vows to push for greater ASEAN connectivity
Prime Minister Prayut Chan-o-cha today pledged to push for greater connectivity to strengthen business and investments in ASEAN when Thailand assumes the chairmanship of the regional grouping next year.Speaking at the ASEAN Business and Investment Summit in Singapore, Gen Prayut said as chairman of ASEAN ...