Bangkok Post
A solution to plastic pollution: circular economy
The dire state of the world’s oceans can no longer be ignored. Discarded plastic waste — particularly single-use plastic — is putting marine life at risk.It’s not only big chunks of plastic and bags that pose a danger: plastic exposed to salt water and ultraviolet ...
Bangkok Post Reporter
Pandemic pauses plans for higher revenue collection
Finance Minister Arkhom Termpittayapaisith has expressed concerns over how a continuous drop in tax revenue collection will affect fiscal policy conduct in the long run.As the government aims to implement a long-term fiscal expansionary policy framework, the lower revenue collection as a percentage of GDP ...
Wichit Chantanusornsiri
B8.8bn HR fund plan promoted
The government is establishing an 8.8-billion-baht fund for human resources development in higher education, focusing on advanced technology.The Higher Education, Science, Research and Innovation Policy Council chaired by Deputy Prime Minister Don Pramudwinai last Thursday approved the establishment of the fund, mainly to supply targeted ...
Bangkok Post Reporter
RCEP going to parliament, instant enforcement likely
The Commerce Ministry is scheduled to propose to parliament on Tuesday the ratification of the Regional Comprehensive Economic Partnership (RCEP) trade pact, the world’s biggest free trade deal, signed by 15 nations in Asia-Pacific including Thailand last November.Sansern Samalapa, commerce vice-minister, said the ministry expects ...
Phusadee Arunmas
Lofty goal set for R&D spending
The government aims to accelerate the country’s R&D spending to 2.2% of GDP in seven years to improve economic development and reduce social disparity in the face of future uncertainty.“We are on a roadmap to become an innovation country as we are scaling up efforts ...
Suchit Leesa-Nguansuk
Displaced Karen demand land back
A civic group protested in front of the Natural Resources and Environment Ministry building on Friday as part of a campaign to pressure the government to resettle ethnic Karen villagers displaced from the Kaeng Krachan National Park in Phetchaburi over a decade ago.Twenty activists and ...
Apinya Wipatayotin
CPI sinks for 11th month in January
The consumer price index (CPI), a gauge of headline inflation, fell 0.34% year-on-year last month, marking the 11th straight monthly decline since March 2020.According to Pimchanok Pitfield, director-general of the Trade Policy and Strategy Office, major contributions came from low energy prices (down 4.82%) from ...
Phusadee Arunmas
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
Fuel use declines thanks to pandemic
Fuel consumption in Thailand contracted in January, especially for jet fuel, following the return of Covid-19 in mid-December last year, according to the Department of Energy Business (DOEB).The largest plunge was jet fuel consumption, which contracted by 82.6% to a daily average of 3.85 from ...
Yuthana Praiwan
New discount scheme to ease hardships
The Commerce Ministry has teamed up with 11 digital platforms to roll out new discount campaigns, running until Feb 28, to relieve economic hardship amid the pandemic.According to Commerce Minister Jurin Laksanawisit, more than 100,000 shops are participating in the new campaign, with 1 million ...
Phusadee Arunmas
