THE Finance Ministry will today propose to the Cabinet an SME development fund with the initial size of Bt20 billion in an effort to sprout small and medium-sized enterprises in the agricultural, tourism and service industries across the country. Deputy Prime Minister Somkid Jatusripitak, after chairing a meeting on the integration path to develop SMEs […]
Read MoreSevere flooding in the South is estimated to cost businesses 27.4 billion baht, with rubber farmers hit the hardest, according to TMB Analytics. Of the total 27.4 billion baht in damages, 19.1 billion is to the rubber business, 3.53 billion to the tourism sector, 2.94 billion to the palm oil business, 751 million to fisheries, […]
Read MoreBID TO MEET HIGH DEMAND IN GLOBAL MARKET AND TO ALSO BOOST THE INCOME OF GROWERS WITH RISING global concerns about health and ageing societies, the Commerce Ministry has decided to promote Thai herbs internationally with the aim of increasing farmers’ income. Commerce Minister Apiradi Tantraporn said that as the government had a policy to […]
Read MoreThe Board of Investment (BoI) plans to hold more business-matching events to help raise joint investment by 5-10% from some 1,000 matching companies it created last year, says the BoI Unit for Industrial Linkage Development (BUILD). BUILD director Wirat Tatsaringkansakul said new investment from business matching in 2016 totalled 34 billion baht and is expected […]
Read MoreLocal sugar prices will likely be floated in October, or April next year at the latest, in line with the restructuring plan for the industry. At present, the Cane and Sugar Board under the Industry Ministry sets the ex-factory price of white sugar while the Commerce Ministry sets the retail price, now at 24.50 baht […]
Read MoreThai Lion Air (TLA) has pre-empted other Thai-registered airlines in the new year with the introduction of two new routes. The low-cost carrier subsidiary of Indonesia’s Lion Group has set Feb 10 for the simultaneous launch of Bangkok-Trang and Chiang Mai-Surat Thani routes, according to airline executives. The Bangkok-Trang route is particularly significant for TLA, […]
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