News

License freeze hits teacher graduates

The Teachers’ Council of Thailand (TCT) has decided not to issue educational administrator licences for about 2,500 master’s graduates of Bangkokthonburi University’s Educational Administration programme in 2014 after a probe found irregularities. Keep reading ...

PTTEP to bid for Bongkot gas field

PTT Exploration and Production said on 1 June that it would cooperate with its partners to bid for the Bongkot gas field that it is currently operates, but indicated that it might not contest for the other major gas block currently run by US oil giant ...

Private sector urged to take advantage of investment tax incentive in second half

The Thai Finance Ministry on 1 June urged the private sector to begin making serious investments in the second half before the double tax deduction for expenses is discontinued by year-end. The ministry has amended the conditions for the double deduction, allowing projects that might not ...

Bid plan for gas contracts

The government will attempt to boost transparency in the energy sector by holding an auction for the two major petroleum concessions in the Gulf of Thailand ahead of their expiration dates, instead of granting existing operators the right to extend the concessions without new bidders. The ...

Business operators lack faith in local economy

Investors have expressed a lack of confidence in Thailand’s economy because of a decline in exports, the drought-induced expected slowdown in domestic consumption, and the sluggish global economy. Somkiat Anuras, vice chairman of the Thai Chamber of Commerce, said the chamber’s Business Confidence Index was only ...

Cambodia and Thailand edging closer to nuclear power

Step by step, Cambodia and Thailand are edging towards nuclear power generation as the region hunts for vast, stable power sources to fuel rapid development and improve the livelihoods of growing populations. As the debate over nuclear grows, so do the region’s power needs. According to ...

ASEAN struggles to protect labourers

The ASEAN Community, which took effect at the end of last year, has expressed concern about the movement of skilled workers around the region. But its interest in the unskilled labour remains poor, despite the fact that this group provides the real workforce that dominates ...

Move to grow artificial forest in Nan dubbed unsustainable

Critics claim an all-star conservation group set up to tackle deforestation has missed the mark by advocating an artificially grown forest, which they say will not result in sustainability and rich biodiversity. Many people have welcomed the plan by the Plook Loei Group, which is led ...

Meet touts benefits of ‘Thailand 4.0’

The government is pursuing its “Thailand 4.0” project by utilising innovative technology to improve quality of life, productivity and efficiency for all businesses in the nation. The government will also come out with new laws this year related to digitisation, while the Information and Communications Technology Ministry ...

Chevron mulls gas field stake sale amid concessions rejig

Chevron Corp is weighing a sale of a roughly US$500-million stake in its Thailand gas field even as the government moves to negotiate a better return from petroleum concessions held the US company and PTT Exploration & Production Plc. Chevron is seeking to divest some Asian ...

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