News

Honda idles Thai auto capacity amid weak sales

Honda Motor will halt one of its three automobile assembly lines in Thailand by the end of March, a move that amounts to a capacity reduction in a market short on growth. One of the two lines at the Japanese automaker’s plant in Ayutthaya Province, ...

2018 budget deficit hiked

The government has agreed to set a larger budget deficit of 450 billion baht for fiscal 2018, marking a fresh attempt to rev up the economy. The next fiscal year’s budget expenditure is set at 2.9 trillion baht, with revenue collection of 2.45 trillion baht, ...

Policymakers to decide Krabi plant fate

Energy policymakers will make a final decision on Feb 17 about whether the government will proceed with a plan to build a coal-fired power plant in the southern city of Krabi, says the Electricity Generating Authority of Thailand. Egat governor Kornrasit Pakchotanon said the National ...

PM wants ethics test for students

Prime Minister Prayut Chan-o-cha has instructed the Education Ministry to add a moral and ethical sense test at all education levels and require students to write one page of Thai history. These steps would ensure they are aware of their social duties and responsibilities, and ...

Crisis relief measures hammered out

The government has teamed up with construction material and consumer product companies to offer special discounts to flood victims in the southern provinces. Wiboonlasana Ruamraksa, permanent secretary for commerce, said the traders agreed to the discounts following talks with the Commerce Ministry. The reductions will ...

Japanese SMEs head to Thailand under joint initiative

More than 700 Japanese companies under a Thailand-Japan joint effort to promote small and medium-sized enterprises have started real investment in Thailand this year, says Nangnoi Wetayapong, director of the Bureau of Strategies Management under the Department of Industrial Promotion. The initiative is part of ...

Thailand’s proposed death penalty for corruption a stunt, experts say

Those convicted of corruption in Thailand involving more than one billion baht could face the death penalty under a new proposal. A proposal by the Thai government to impose the death penalty in some corruption cases is largely “for show”, according to analysts. Under plans approved ...

Logistics wary of supervision

E-commerce logistics providers and operators have urged the government not to regulate price control on delivery charges for online shopping, saying that the logistics service industry is competitive. The move comes after the government last week added delivery charges for online shopping and counter services ...

Thailand expects tourism revenue of nearly $50 billion in 2017

Thailand expects revenue from foreign tourists to rise 8.5 percent to 1.78 trillion baht ($49.8 billion) this year, a deputy prime minister said on January 9. The expected rise results from an improved outlook for global tourism as well as Thailand’s investment in infrastructure, Deputy ...

Flash flood hits main road to South

Drivers to the southern region have been advised to take extreme caution as part of Phetkasem Road in Prachuap Khiri Khan was flooded on January 8. The central province was hit by torrential rain and a runoff, while many southern provinces were still battered by ...

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