The Eastern Economic Corridor Office is set to offer privileges directly to investors in special economic zones in the three provinces of the EEC. Kanit Sangsubhan, secretary-general of the EEC Office, said Section 59 of the EEC Act lets the EEC Policy Committee offer privileges equal to those awarded by the Board of Investment (BoI). […]
Read MoreThe government is seeking input from the private sector over the feasibility of more locally produced animal feed to reduce imports. It will help small and medium industries while electricity prices remain high for the region, according to the Ministry of Agriculture, Forestry and Fisheries (MAFF). MAFF Minister Veng Sakhon and Cham Prasidh, minister at […]
Read MoreE-wallets firms are battling for a piece of the cashless payment market amid rapid growth in the context of the COVID-19 pandemic. Mobile wallet and digital payment app MoMo this week announced a deal with Be Group to provide cashless payment services on the ride-hailing platform which only accepted credit card payments previously. SmartPay wallet […]
Read MoreExports may contract by as much as 15% this year if the country averages just US$16.4 billion a month in the second half of the year, according to a group of Thai exporters. Ghanyapad Tantipipatpong, chairwoman of the Thai National Shippers’ Council (TNSC), said on Tuesday that the council looks set to downgrade its shipment forecast […]
Read MoreThe Government Savings Bank (GSB) is proposing that the Finance Ministry adjust emergency loan conditions to expand the credit line for informal workers after the loan programme received a tepid response. The bank’s emergency loan programme is designed for employees affected by the coronavirus crisis, such as those working in the tourism industry or employees […]
Read MoreThe Vietnam Timber and Forest Product Association has sent an urgent petition to the Ministry of Finance, Ministry of Agriculture and Rural Development and Ministry of Industry and Trade about congestion of wooden planks set for export at ports. The congestion has been attributed to Document No. 4250/TB-TCHQ issued by the Viet Nam Customs on June […]
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Thailand
