The Cabinet yesterday approved the revised public-private partnership act (PPP Act), under which the private sector can increase their investments in public projects. The new act allows state agencies to propose projects to the Cabinet and open the way for joint investments with private investors in infrastructure projects and commercial development nearby, said Nuttaporn Jatusripitak, […]
Read MoreThe Thai currency has declined 0.3% to 32.672 against the dollar this year as of 1.11pm, the best performance among 22 major developing-economy currencies tracked by Bloomberg. A current-account surplus and ample foreign-exchange reserves helped offset headwinds from the Federal Reserve’s tightening path and escalating trade tension between the United States and China. Thailand has posted current-account […]
Read MoreOrganisations in Thailand are losing an average of 73 days of productive time per employee each year due to health-related absenteeism and employees who still work while ill, a survey by AIA Thailand has found. The insurance company said in press release issued on Thursday that the lost time in Thailand compared to 49 days […]
Read MoreInternational Merchandise Exchange & Exhibition (IMX), on Thursday signed a Letter of Intent (LOI) with Thailand’s Ministry of Commerce on strategic cooperation that will open access for 48,000 Thai SMEs to over one billion consumers in China. IMX is a subsidiary of Chinese leading conglomerate King Wai Group (KWG) founded by Dr King Wai Chan. […]
Read MoreINVESTORS should have more confidence in the economy now that the political ban has been lifted and political parties can present their policy platforms in the run-up to the general elections, an economist said yesterday. “The market is keenly watching what policies the political parties will present to voters, whether they are long- or short-term,” […]
Read MoreTHE TOURISM and Sports Ministry has proposed extending the current tax allowance for local tourists who visit less-popular destinations until the end of the next year. The tax concession is scheduled to end at the end of 2018. Tourism and Sports Minister Weerasak Kowsurat said that he had proposed to the Finance Ministry to extend […]
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