The Energy Ministry plans to open bidding for independent power producers (IPPs) for a combined capacity of 8,300 megawatts (MW) this year. This will be the fourth round after IPP rounds for a combined capacity of 14,948MW that occurred in 1994, 2008 and 2013. Permanent energy secretary Kulit Sombatsiri said new IPPs will be developed […]
Read MoreTHE BOARD of Investment (BoI) has increased its target for investment into the country lured by its privileges in spite of the uncertain economic conditions. While the 2019 target of Bt750 billion exceeds that of last year’s Bt720 billion, it has been described as conservative. Deputy Prime Minister Somkid Jatusripitak said the focus would be […]
Read MoreEXPECTATIONS for sluggish economic growth this year are firming, with the nation’s peak private-sector grouping flagging potential hits to exports and tourism from the prospect of simultaneous slowdowns in China and the United States and the trade war they are waging. The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) said it expects the […]
Read MoreBusiness operators have an optimistic outlook on the country’s GDP in 2019, thanks to the upcoming general election, implementation of the Eastern Economic Corridor (EEC) and the coronation ceremony for His Majesty the King. Kalin Sarasin, chairman of the Thai Chamber of Commerce, said the election time frame is expected within 150 days, with a deadline […]
Read MoreA draft bill on e-business tax, a levy on foreign-based online platform operators earning income in Thailand, is at risk of not being vetted by lawmakers before the government leaves office. The draft bill is being deliberated by the Council of State, said permanent secretary for finance Prasong Poontaneat. The bill should have been on […]
Read MoreThe cabinet on Tuesday agreed to extend the waiver on the 2,000-baht visa-on-arrival fee for nationals of particular countries until the end of April to boost tourism, according to Tourism and Sports Minister Veerasak Kowsurat. The minister said the waiver for nationals of 20 countries, including China, was set to end on Sunday. The cabinet […]
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Thailand
