Finance Ministry to drop Entertainment Complex bill from Cabinet agenda
The Finance Ministry will remove the controversial Entertainment Complex bill from the agenda for the Cabinet meeting on Tuesday.
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The Finance Ministry will remove the controversial Entertainment Complex bill from the agenda for the Cabinet meeting on Tuesday.
Finance Minister Pichai Chunhavajira said today that the Thai government submitted a revised trade proposal to the US administration on Sunday night.
BRICS leaders at a summit on Sunday took aim at US President Donald Trump's "indiscriminate" import tariffs and recent Israeli-US strikes on Iran.
Finance Minister Pichai Chunhavajira said today that tariff negotiations with the United States have not yet concluded, but have provided valuable feedback enabling his team to refine its proposal for resubmission to the US.
The political uncertainties clouding Thailand following the Constitutional Court’s order to suspend Prime Minister Paetongtarn Shinawatra is casting an ominous shadow over the country’s economic outlook, which was already beset with difficulties.
As Thailand pursues more free trade agreements (FTAs) with other nations, Trinh Nguyen, an economist at Natixis, said that the country remains vulnerable, as regionalisation is not a realistic solution.
Thailand is increasingly turning to regionalisation to secure its economic future, as geopolitical tensions and tariff disruptions continue to reshape the global economic landscape, according to Dr. Andrew Staples of GeoPol Asia.
The new 400-baht minimum wage came into effect today in Bangkok, Phuket, Chon Buri, Chachoengsao and Rayong provinces and in the Koh Samui district of Surat Thani province.
Thailand’s main two telecom service operators, True Corporation Public Company (TRUE) and Advance Info Service (AIS), were both declared winners in today’s auction of telecom spectrum licenses for the 1500MHz, 2100MHz and 2300MHz bands. The two telecom giants bid a combined 41 billion baht. No other telecom players submitted bids.
Concrete measures have now been put in place to solve the problem of traffic congestion at Thailand’s main Laem Chabang deep-sea port in Chon Buri province.
The Bank of Thailand’s Monetary Policy Committee voted 6 to 1 yesterday to maintain the policy rate at 1.75%, with one voting for a 0.25 percentage point cut.
The cabinet approved 481 projects today, costing an estimated Bt115bn, all aimed at stimulating economic growth by 0.4% and creating temporary jobs for 7.4 million people across the country.