Search Results for: Cabinet

  • Thailand News

    Thai Cabinet to scrap duty-free stores on arrival after 3 billion baht loss

    The Thai Cabinet plans to scrap duty-free stores on arrival at eight airports in Thailand after losing an estimated 3 billion baht in customs revenue. This cancellation is also aimed at making Thailand a hub of tourism and shopping. The Prime Minister’s Office deputy spokesperson, Ratchada Thanadirek, reported in a press conference after today’s Cabinet meeting. The Cabinet agreed to…

  • Business News

    Northeast plans NEC to boost economy at mobile Cabinet meeting

    Private sector representatives in the northeast are set to present a series of economic stimulation projects, including the establishment of the Northeastern Economic Corridor (NEC), during the mobile Cabinet meeting in Nakhon Ratchasima on July 2. Hatsadin Suwattanapongchet, Secretary of the Northeastern Industrial Federations, announced that the NEC, traversing Nakhon Ratchasima, Khon Kaen, Udon Thani, and Nong Khai, will emulate…

  • Thailand News

    Thai Cabinet approves 55 billion baht lifeline for SMEs and tourism

    The Thai Cabinet approved a low-interest loan programme worth 5 billion baht and a substantial 50 billion baht credit guarantee fund under the Ignite Thailand vision, aimed at bolstering small and medium-sized enterprises (SMEs). Deputy Finance Minister Paopoom Rojanasakul detailed the plan, highlighting that the low-interest loans would target tourism, wellness and medical, and agriculture and food sectors. Each borrower…

  • Business News

    VAT on all imports over 1 baht gets Cabinet approval

    A proposal by the Ministry of Finance to impose value-added tax (VAT) on all imported goods valued at over 1 baht has received approval in principle from the Cabinet. This measure aims to curb the influx of inexpensive imported goods, particularly from China, that are saturating the domestic market. Government spokesperson Chai Wacharonke announced that the new threshold will be…

  • Thailand News

    Wissanu to advise Cabinet on legal matters, no political role

    Seasoned legal expert and former Deputy Prime Minister Wissanu Krea-ngam is poised to become an adviser to the Secretariat of the Cabinet, assisting with the government’s legal affairs. Wissanu confirmed yesterday that Prime Minister Srettha Thavisin would appoint him to the position. He mentioned that the secretariat had previously approached him for the role following his departure as deputy prime minister…

  • Business News

    Thailand Cabinet boosts 2024 fiscal budget by 122 billion baht

    The Thai Cabinet approved a plan to increase the 2024 fiscal budget by 122 billion baht to support its delayed household stimulus scheme, Deputy Finance Minister Paopoom Rojanasakul today announced. This adjustment will raise the new budget to 3.6 trillion baht, representing a 13% increase from the previous year, with the deficit swelling to 805 billion baht. The government’s decision…

  • Business News

    Thailand’s tourism seeks boost after Cabinet reshuffle cooperation

    Following the recent Cabinet reshuffle, Thailand’s tourism operators are urging for enhanced cooperation among ministries and related authorities to sustain the country’s transformation into a tourism and aviation hub. Khao San Road Business Association President Sanga Ruangwattanakul asserted that the Cabinet reshuffle would not destabilise the government, provided its key policies, particularly the 2030 Ignite Thailand vision, are sustained. This…

  • Thailand video news

    Thailand Video News | Cabinet shake-up plants seeds for cannabis reform, India and Thailand to launch cross-border QR payments

    In this Thailand video news, Alex and Jay cover the stories across Thailand. Beginning with Thailand and India have announced plans to revolutionise cross-border payments with the introduction of QR code technology. Meanwhile, amidst political maneuvering, Thailand’s Cabinet reshuffle hints at forthcoming changes in cannabis legislation. However, not all news is positive for Thailand as its flagship carrier, Thai Airways, grapples…

  • Thailand News

    Thai Cabinet approves UNESCO Heritage Status for Songkhla

    Thailand has set its sights on securing UNESCO World Heritage status for four ancient towns nestled within the southern province of Songkhla. The Cabinet’s resounding approval on April 9, marks a pivotal step towards immortalising the rich cultural tapestry of this southern gem. The Ministry of Natural Resources and Environment has been tasked with crafting a proposal that was scheduled…

  • Thailand News

    Thai party quashes Cabinet reshuffle rumours

    A wave of rumours surrounding a potential Cabinet reshuffle in Thailand was quashed yesterday by the United Thai Nation (UTN) Party. The party’s Deputy Leader and list MP, Wittaya Kaewparadai, stated that despite talks circulating for over a month, no indications of an imminent reshuffle have been communicated by the prime minister. Wittaya, referring to UTN leader Pirapan Salirathavibhaga, pointed…

  • Thailand News

    Funding source for digital wallet scheme left out in Cabinet meeting

    The government’s weekly Cabinet meeting yesterday left out discussions on a fresh funding source to back the digital wallet scheme, a possibility which might include drawing funds from the budget of the next fiscal year. This disclosure was made by Prime Minister Srettha Thavisin. The Thai PM’s comments addressed rumours that a new financing option for the Pheu Thai Party’s…

  • Thailand News

    Thailand’s Cabinet to review legalisation of casinos proposal

    The Thai Cabinet is set to review a proposal for the legalisation of casinos within the next fortnight, according to Deputy Finance Minister Julapun Amornvivat. Speaking in his role as the chairman of the special committee of the House, mandated with assessing the feasibility of legalising casinos in Thailand, he revealed that the proposal had secured preliminary approval from the…

  • Thailand News

    Thai Cabinet grants 300 million baht for northern provinces

    A significant financial boost of 300 million baht (US$8.3 million) has been granted by the Thai Cabinet for the development of 13 projects aimed at tourism growth across four northern provinces; Phayao, Chiang Rai, Phrae, and Nan. The decision was made during a mobile meeting in Phayao, overseen by Prime Minister Srettha Thavisin during his two-day visit to the region.…

  • Thailand News

    Thai Cabinet tackles smog problem with 272 million baht project

    The annual 2024 fiscal budget saw the Thai Cabinet allotting 272 million baht (US$7.59 million) towards a strategic project, intent on confronting wildfire and smog problems, and reducing PM2.5 dust. The announcement came from the Thai deputy government spokeswoman, Kanika Aunjit, during a press conference held on March 3. The alarming rise of PM2.5 problems accelerated this decision witnessed in…

  • Thailand News

    Cabinet reshuffle dismissed by key ministers following budget bill

    Talk of a possible Cabinet reshuffle has been dismissed by three key Cabinet ministers, following the passing of the budget expenditure bill in early April. Deputy Prime Minister and Commerce Minister Phumtham Wechayachai, Defence Minister Sutin Klungsang, and Agriculture Minister Capt Thamanat Prompow are the ministers in question. Rumours have been circulating about a potential Cabinet reshuffle since the ministers…

  • Thailand News

    Thai Cabinet rejects gender recognition bill, citing crime concerns

    The Thai Cabinet yesterday rejected the proposed Act on Gender Recognition, Title, and Protection of Gender Diversity, citing concerns about false identities if people are allowed to use preferred titles. The titles of people in the LGBTQA+ community have been trending on Thai social media since a transgender model, Phacharanat “Mimi” Nobantao, questioned why Thai citizens were unable to choose their…

  • Business News

    Cabinet gives preliminary approval to revamp Fisheries Act of 2015

    The proposed revision to the Fisheries Act of 2015 yesterday received preliminary approval from the Cabinet. The government aims to ease the challenges encountered by the fishing industry and foster more efficient and sustainable fishing practices. The proposed changes are expected to provide relief to over 600,000 small-scale coastal fishing households in 20 provinces, many of whom were compelled to…

  • Thailand News

    Mobile Cabinet headquarters in Ranong ready for meeting

    Prime Minister’s Office Minister Puangpet Chunlaiad and Government Spokesperson Chai Wacharonke took a firsthand look at the cutting-edge Press Centre set to host the inaugural mobile Cabinet meeting of the year in Ranong province. Accompanied by Teerapong Wongsiwawilas, Secretary-General of the Prime Minister’s Office, Sudruetai Lertkasem, acting Director-General of the Public Relations Department (PRD), and Supaphong Chaolaen, Director of PRD…

  • Business News

    Mobile Cabinet allocates 552 million baht for Andaman Coast development

    A total of 552 million baht (US$15 million) has been allocated by the mobile Cabinet towards the development of 18 new projects across six southern provinces on the Andaman Coast. Prime Minister Srettha Thavisin announced yesterday, January 23, after a Cabinet meeting in Ranong. The projects, proposed by the Joint Public and Private Sector Consultative Committee responsible for the southern…

  • Business News

    Thai Cabinet ratifies 3.6 trillion baht budget for fiscal year 2025

    The Thai Cabinet ratified a 3.6 trillion baht budget for the fiscal year 2025. This sees an expansion of the budget deficit to 713 billion baht, a 2.89% increase from the previous year. The new budget was approved by the Cabinet on Tuesday, following its presentation by the Budget Bureau. It was announced by the Deputy Government Spokesperson, Rudklao Suwankiri.…

  • Thailand News

    Thai Cabinet reviews submarine procurement contract extension

    A submarine procurement contract extension is under review by the Thai Cabinet, following advice from the Office of the Attorney General (OAG). This came as a response to the Royal Thai Navy’s (RTN) inquiries concerning the programme. The OAG highlighted the requirement for a 1,217-day contract extension to undergo a Cabinet review due to the government-to-government nature of the deal.…

  • Thailand News

    3.48 trillion budget approved by Cabinet for next year

    Prime Minister Srettha, in a post-Cabinet meeting press conference declared that the budget bill, meticulously scrutinised by the Office of Council of State, will be delivered for approval. Typically, budget bills are sealed and delivered before the fiscal year kicks off in October. However, this year’s extravaganza faced a dramatic delay, thanks to the intricate dance of forming a coalition…

  • Business News

    Thailand’s cabinet approves one-year import permits for animal feed raw materials

    The cabinet has greenlit policies for next year’s import of raw materials required in animal feed production, such as animal feed corn, soybean meal, and fish meal. The intention behind this move is to back local production. A significant change in this year’s policy is the annual approval of import permits, a reduction from the previous term of three years.…

  • Politics News

    Malaysia PM reshuffles Cabinet: Second finance minister appointed

    Malaysian Prime Minister Anwar Ibrahim orchestrated a Cabinet reshuffle, unveiling a strategic plan to fortify his administration and rebuild public confidence, just one year into his tenure. In a much-anticipated move, Anwar unveiled five new ministerial appointments, expanding the Cabinet’s reach to navigate the challenges of today and confront global shifts, notably the surge of artificial intelligence. The headline change…

  • Business News

    Thai Cabinet reshuffle could impact economy and foreign investment

    The Thai Cabinet, currently conducting mobile meetings in Nong Bua Lam Phu – the country’s poorest province, is speculated to face potential reshuffles in leadership or dissolution in the coming year, intensifying the political activities across various Thai provinces. Such changes could pose a risk to the country’s economy, given the current administration is only a few months old. The…

  • Thailand News

    Cable cash approved: Thai Cabinet greenlights 28 million baht for sky-high project in Phu Kradueng

    The Thai Cabinet recently approved a 28 million baht budget to design a contentious cable car project at Phu Kradueng National Park in Loei, according to Lertsak Watthanachaikul, a Pheu Thai Party MP for Loei. This was further confirmed by PM’s Office Minister Puangpet Chunlaiad, a former Loei MP, who stated the design fund was presented to the cabinet at…

  • Thailand News

    Phu Kradueng cable car project set for debate at mobile Cabinet meeting

    The mobile Cabinet meeting in Nong Bua Lamphu province today is set to deliberate on the long-awaited cable car project at the Phu Kradueng mountain resort in Loei province, according to Phuangphet Chunla-iad, the Prime Minister’s Office Minister. The local authorities of Loei province are requesting a 28 million baht budget to carry out a survey and draft the design…

  • Thailand News

    Thai nightlife gets a glow-up: Cabinet green-lights 4am extended hours for tourist hotspots

    The Thai Cabinet has given the green light to a draft regulation set forth by the Interior Ministry, permitting extended hours until 4am at entertainment venues in prominent tourist hotspots. The affected areas include Bangkok, Chiang Mai, Chon Buri, Koh Samui, and Phuket. Aiming to stimulate the country’s tourism sector, the Interior Ministry is at the helm of this initiative.…

  • Business News

    Thai Cabinet fuels up for savings: Gasohol 91 prices set to drop

    The Thai Cabinet today gave initial approval for a 2.5 baht per litre reduction in the price of gasohol 91 for three months, likely to start from October 31, as stated by the Thailand Energy Minister. Thailand Energy Minister Pirapan Salirathavibhaga confirmed that this price cut would be facilitated by a 2.5 baht per litre reduction in excise tax, a method…

  • Thailand News

    Thai Cabinet wraps up 2023 with a four-day new year surprise

    In a recent development, the Thai Cabinet has approved a four-day public holiday to usher in the new year. As confirmed by the secretary-general of the prime minister, Prommin Lertsuridej, this extended break will begin on Friday, December 29, and last until Monday, January 1. The decision comes as part of an effort to allow citizens ample time to celebrate…