Central bank maintains policy rate at one percent
The Monetary Policy Committee (MPC) of the Bank of Thailand voted unanimously today to maintain the policy rate at 1%.
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The Monetary Policy Committee (MPC) of the Bank of Thailand voted unanimously today to maintain the policy rate at 1%.
The hidden street lighting charge in every monthly household electricity bill, which is the currently under in the public spotlight, has actually been quietly and secretly imposed for almost four decades without the knowledge of the public or even previous and current ministers, according to Energy Minister Akanat Promphan.
The Cabinet has approved a renewed and expanded list of 61 goods and 5 services subject to state price controls, to ease the cost of living, prevent price gouging and ensure fair trade practices across the country.
The Department of Business Development (DBD) is ramping up its fight against illegal foreign proxy-owned businesses, blacklisting thousands of firms and exposing a massive network of local accountants acting as nominees for foreign investors.
Energy Minister Akanat Promphan said today that households have, for years, been charged for street lighting without their knowledge, a practice he considers unfair and has pledged to review.
A majority of respondents to a recent opinion poll are satisfied with the government’s ‘Thai Chuay Thai Plus’ economic stimulus scheme, with many preferring it over the previous ‘Khon La Khrueng’ (Half-Half) co-payment program.
The Ministry of Commerce is rolling out urgent intervention measures to shore up falling coconut prices, as oversupply and drought-induced low-quality yields trigger market bottleneck.
A 1.6-billion-baht government project that would offer 5 million Thais free access to premium artificial intelligence (AI) tools has sparked intense public debate over propriety of the expenditure as well as questionable practices in handing out contracts.
The Federation of Thai Industries (FTI) has welcomed the establishment of the National Advanced Semiconductor and Electronics Policy Committee, viewing it as a critical milestone in the transformation of the country into ASEAN's premier source of advanced electronics.
About 153,000 new electric vehicles (EVs) are predicted to appear on the roads of Thailand this year, prompted mainly by the ongoing energy crisis triggered by the prolonged conflict in the Middle East.
The Department of Business Development (DBD), under the Ministry of Commerce, is promoting the transformation of Thai herbs into high-value lifestyle and wellness products, aiming to establish the country as the ‘ASEAN Herbal Hub’ amid a booming global health trend.
Thailand’s Consumer Confidence Index (CCI) for May plunged to the lowest level in 42 months, due mainly to consumer concerns over rising oil prices as a direct result of the war in the Middle East, its impacts on the Thai economy and the rising cost of living.