News
Outrage over Mekong EIA process
Local activists and academics are angry that Chinese officials and companies working on the Mekong River Navigation Channel Improvement Project will be the decision maker on an Environmental Impact Assessment of the project. The TEAM Group of Companies, a Thai consultancy hired by the Chinese state-owned company, met ...
Youth, tech and growth in focus at WEF meet on ASEAN
For the first time, Cambodia will host the World Economic Forum on ASEAN. The meeting, in its 26th year, will focus on how the region can harness the potential of a young demographic, as well as the transformative impact of the Fourth Industrial Revolution, to ...
BAAC taps tech to boost farmers’ incomes
The bank for Agriculture and Agricultural Cooperatives is stepping up its push to become more customer-focused under initiatives aimed at boosting farmers’ incomes. The bank also plans to upgrade 900 of what it calls community financial institutions by teaming up with grass-roots financial organisations. The moves ...
BoI eyes Bt1.5 tn in actual investments
The board of investment is conservatively forecasting that the total value of actual investments under its tax-incentive support will reach at least Bt1 trillion during the three years to 2019, but secretary-general Hirunya Suchinai said on May 9 that the board was confident of hitting Bt1.5 ...
PTTEP freezes new investment in Indonesia
PTT Exploration and Production, Thailand’s state-owned oil and gas company, said on Tuesday that it will halt all new investments in Indonesia until a dispute with the government there over an oil spill in 2009 is settled. “As of today, PTTEP made the decision to suspend ...
Big retailers, manufacturers to clear up price hikes
The Commerce Ministry is scheduled to hold a meeting with consumer goods makers and big retailers today to discuss the product price structure and clarify indirect price hikes alleged by consumers. Deputy Commerce Minister Sontirat Sontijirawong said the Internal Trade Department has been tasked with holding ...
EEC tied to China's One Belt, One Road
The government says the much-touted Eastern Economic Corridor is ready to be an important part of China’s One Belt, One Road initiative, which envisions connectivity between China and Eurasia. Speaking Monday at a seminar entitled “Thailand-Hong Kong-Shanghai Strategic Partnership on One Belt, One Road,” Deputy ...
Facebook to block local content
Facebook Inc has agreed to continue to consider the Thai government’s requests to restrict local access to content on its site found to be in violation of the country’s laws. The US internet giant replied to the Thai Internet Service Provider Association after a group ...
Bangkok welcomes Macron win as nerves calmed over EU
Thailand has welcomed the victory of the pro-European centrist Emmanuel Macron in the French presidential election, banishing for now the spectre of another departure from the European Union and steadying the nerves of investors. Kobsak Pootrakool, Vice Minister for the Prime Minister’s Office, on May 8 ...
Govt lures major Chinese investment to new EEC
Deputy Prime Minister Somkid Jatusripitak said on May 8 that the government plans to connect its new Eastern Economic Corridor development project with the Chinese government’s One Belt, One Road initiative. “The connection will be through a high-speed railway and other linkage infrastructure, “ Somkid told ...