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Thailand: Landlords jittery over seizure risk

Landlords in the hotel sector have raised concerns about the government’s policy to confiscate vacant land which has not been utilised for 10 years as there are no proper schemes or environment-related laws from state authorities to help develop the land for public benefit. Marisa Sukosol Nunbhakdi, president of the Thai Hotels Association (THA), said even […]

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Thailand: Crypto miners under watch

Authorities are keeping a close watch on at least 10 cryptocurrency trading platforms which it suspects might be engaging in illegal share manipulation. Economic Crime Suppression Division (ECD) commander Pol Maj Gen Phuthidej Boonkraphue, said his office has been keeping an eye on the activities of cryptocurrency trading platforms listed on the Stock Exchange of Thailand […]

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Thailand: Gen Y spends the most time on the net

People aged 22-41 years, the so-called Gen Y, spend the most time on the internet and they form the biggest group using it for live commerce, according to a government survey. Chaichana Mitrpant, director of the Electronic Transactions Development Agency, said on Tuesday that 46,348 people were surveyed nationwide from April to July. They found […]

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Thailand: Discounts on cooking gas and power tariff

The Energy Policy Administration Committee (Epac) on Monday agreed to extend a subsidy for cooking gas for social welfare beneficiaries and assistance for household electricity bills until the end of this year. About 3.74 million people under the state social welfare card scheme will be entitled to a 100-baht discount on liquefied petroleum gas (LPG) used for […]

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Thailand, Malaysia plan rail network to connect four Asean countries, China

Thailand’s Transport Ministry is working with its Malaysian partner to develop a high-speed rail network that will connect four member countries of the Association of Southeast Asian Nations (Asean) and China, according to a media report. Permanent Secretary for Transport Chayatan Phromsorn met with his Malaysian counterpart Isham Ishak and companies from the neighbouring country […]

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