The Nation
Govt accused of fixing agenda of meeting on palm price guarantee
A meeting to discuss the palm price guarantee scheme failed as the government had already fixed the agenda, Sittiporn Jariyapong, vice-chairman of the National Farmers Council, said.The guaranteed price was fixed at Bt4 per kilogram but the government has said it will compensate based on ...
The Nation Reporter
BOT mulls refinance programme for credit card debtors
The Bank of Thailand (BOT) is considering a refinance programme for credit card debtors with credible payment history, assistant governor of communications and corporate relations Chantavarn Sucharitakul said.“BOT has taken note of the problem faced by those credit card debtors’ during its Debt Clinic, and ...
The Nation Reporter
Thai GDP growth forecast for 2019 slashed further
Kasikorn Research Centre has revised downward its gross domestic product (GDP) forecast for 2019 to 2.5 per cent and projected that the Thai economy may grow 2.7 per cent in 2020.The centre revealed the forecast at its seminar on “Business Outlook amid Numerous Challenges in ...
The Nation Reporter
Projects to help rice farmers approved
The National Rice Policy Committee has approved maintaining the price of unmilled rice for the production year 2019 to 2020 with a budget of Bt31.49 billion in order to help rice farmers, Permanent Secretary of Commerce Ministry, Boonyarit Kalayanamit, said following the meeting on Friday ...
The Nation Reporter
Committees, panel set up to regulate airport link project, power plants
The Eastern Economic Corridor Policy Committee on Friday (December 6) gave the nod to the establishment of a committee to regulate the high-speed train project linking three international airports.A second new committee will also be set up to manage the contract for this project, Kanit ...
The Nation Reporter
Fishermen protest over new rules
Thousands of fishing trawler operators and fishing boat crew on Friday gathered in separate rallies in 22 coastal provinces in protest against the government’s stringent regulations aimed at countering illegal, unreported and unregulated (IUU) fishing.Keep reading ...
Bangkok Post Reporter
Commerce Ministry urges industries to increase their exports until early 2020
Deputy Prime Minister and Commerce Minister Jurin Laksanawisit said on Wednesday (December 4) that his ministry has held discussions with the Thai Chamber of Commerce, the Federation of Thai Industries and representatives from the private sector, asking them to accelerate the export of products that ...
The Nation Reporter
Confidence in manufacturing, employment drops
The Business Sentiment Index (BSI) dropped to 47.4 in November 2019, which was below the 50 threshold for eight consecutive months due largely to weaker confidence in the manufacturing sector, according to a central bank report on Monday (December 2).However, the confidence of respondents in ...
The Nation Reporter
Govt launches new tax deduction scheme for long-term investment in mutual funds
The government has launched a so-called super savings fund (SSF) aimed at encouraging people to invest in long-term mutual funds by offering tax deductions of up to 30 per cent of annual income.The Cabinet approved the Finance Ministry’s proposal on the new tax scheme, Finance ...
The Nation Reporter
Three provinces shortlisted for transit-oriented development
Chonburi, Ayutthaya and Khon Kaen provinces should serve as models for the Transit Oriented Development (TOD) project, according to a study by the Transport Ministry.The Office of Transport and Traffic Policy and Planning (OTP) has been tasked since 2017 to study city development plans along ...
The Nation Reporter