government
- Thailand News
Haulage operators in Thailand threaten strike over diesel prices
Road haulage operators have hiked their charges by an average of 9% today and are now gearing up for a nationwide strike unless the government addresses their demands to cap diesel prices at 30 baht per litre. Apichart Prairungruang, Land Transport Association of Thailand President, expressed frustration. “We’ve adjusted charges to cope with rising costs after four petitions to Prime…
- Thailand News
Krabi Airport’s runway to riches, a 941-million-baht taxiway twist
The Department of Airports (DoA) is pushing forward with a 941-million-baht project to build a parallel taxiway at Krabi Airport. Currently, the project is over 76% complete. DoA Deputy Director-General Wittawas Pakdesontiskul recently inspected the site and attended a meeting to monitor progress. The meeting included representatives from the contractor, Nawarat Patanakarn Public Co. Ltd., along with consultancies We Engineering…
- Thailand News
Thailand investment budget hits nearly 40% in third quarter
Government investment budget disbursement in the third quarter of this fiscal year surged to almost 40%, nearly doubling the set target due to accelerated disbursement measures, according to Finance Minister Pichai Chunhavajira. After chairing a meeting of the Budget Disbursement and Public Spending Acceleration Committee, Pichai stated that the swift allocation of the government investment budget has facilitated a quicker…
- Thailand News
Thailand extends control on 57 items to protect consumers
Government spokesperson Phumtham Wechayachai announced the extension of control over 57 products and services for another year to regulate essential goods and services for consumers, effective from today, June 12 onwards. The deputy prime minister and minister of commerce reported the decision following a meeting of the Central Committee on Prices of Goods and Services (CCP) held yesterday. The meeting…
- Thailand News
Wissanu returns to review PM’s defence in Pichit appointment case
Prime Minister Srettha Thaivisin’s newly appointed advisor Wissanu Krea-ngam faces the first challenge of scrutinising the PM’s defence in the contentious case of appointing Pichit Chuenban as a PM’s Office minister. This role marks Wissanu’s return to Government House, where he has over three decades of experience. Wissanu attended the Cabinet meeting yesterday, confirming his task to review the PM’s…
- Thailand News
Thailand seeks BRICS membership for global influence
Thailand set its sights on joining the intergovernmental organisation BRICS, which is expanding beyond its original membership of Brazil, Russia, India, China, and South Africa. The Thai Cabinet approved a draft of the official letter indicating Thailand’s intention to join the group, according to government spokesperson Chai Wacharonke. Egypt, Ethiopia, Iran, and the United Arab Emirates became official members of…
- Education
Factors influencing literacy rates in Thailand
The need for continuous learning and innovative teaching methods has never been more vital. This is particularly true in Thailand, where the focus on building engineering skill self-efficacy among students is gaining momentum. The influence of structural factors on the self-efficacy of engineering skills is a topic that’s sparking interest. A recent study involving a survey of over 1300 engineering…
- Business News
Tipco Asphalt profits plummet 99% due to delays
Tipco Asphalt Plc (Tasco), listed on the Stock Exchange of Thailand (SET), faced a challenging first quarter with reduced earnings and profits due to delays in state budget spending and low global asphalt prices. Despite this, the company remains optimistic about returning to normal growth levels within the year. The company reported a significant revenue drop of 37%, falling to…
- Thailand News
Trillion-baht gamble: Deputy minister defends Land Bridge project
In a heated defence yesterday, Deputy Transport Minister Manaporn Charoensri championed the government’s ambitious 1-trillion-baht Land Bridge project, which she claims has sparked considerable interest from foreign investors. Her statement came in response to sharp criticisms from former Democrat leader Samart Ratchapolsitte, who cast doubt on the project’s cost-effectiveness and feasibility. Despite his scepticism, Manaporn insists the initiative is attracting…
- Thailand News
Deputy PM to discuss government strategies with military chiefs
Deputy Prime Minister and Commerce Minister Phumtham Wechayachai announced plans to engage in discussions with the heads of the armed forces in Thailand. These meetings, scheduled to take place at the military chiefs’ workplaces, aim to brief them about the government’s strategies and protocols. Following his recent appointment to oversee the Ministry of Defence, Phumtham expressed his intent to maintain…
- Business News
Government’s financial burden increases with digital wallet project
The government’s financial burden, expressed as the ratio of interest to estimated government revenue, is expected to rise from the current 8% to 11% in the coming year. This projected increase is due to the implementation of the government’s flagship digital wallet handout. An anonymous source from the Finance Ministry revealed that the present 8% ratio aligns with an A…
- Thailand News
Government orders nationwide inspection of chemical warehouses
Government spokesman Chai Wacharonke announced yesterday that Prime Minister Srettha Thavisin mandated an immediate inspection of all chemical warehouses across the nation. The directive follows a string of fires reported in recent weeks, the latest being at President Chemical Co Ltd’s warehouse in Bangkok’s Chom Thong district in the Bang Mot neighbourhood. Locals reported the fire yesterday at 2.10am, noticing…
- Thailand News
Emergency water distribution in Hua Hin amidst drought concerns
To combat the severe drought gripping Hua Hin, Mayor Nopporn Wutthikul spearheaded a meeting with local government officials to discuss immediate relief and long-term fixes for the parched populace, especially in Khao Takiap. Joined by Deputy Mayor Atichat Chaisri and a cadre of civic bigwigs, the summit centred on the dwindling water levels at the Hua Na reservoir. These plummeting…
- Thailand News
Thai tourism sector proposes 300-baht tax to counter over-tourism
Thai tourism operators are advocating for government regulations to address the rising issue of over-tourism in the country. They propose the implementation of a 300-baht tourism tax, which they believe could alleviate the problem. Their call for action comes in response to Prime Minister Srettha Thavisin’s commitment to make 2025 a pivotal year for Thai tourism. The Federation of Thai…
- Economy News
Thai government’s Ofos project to create 20 million jobs from June
The Thai government has plans to set in motion the One Family One Soft Power (OFOS) project in June, hoping to generate 20 million employment opportunities with a minimum yearly wage of 200,000 baht according to Paetongtarn Shinawatra, Head of the National Committee on Soft Power Development and leader of the Pheu Thai Party. Paetongtarn shed light on the forthcoming…
- Business News
Tourism sector divided over elected versus appointed governors
The debate over elected provincial governors versus appointed heads is intensifying, revealing a divide among tourism operators. This issue gained momentum during last year’s general election, when several political parties, including Pheu Thai, proposed allowing locals to elect their governors, a practice already in place in Bangkok and Pattaya. Pheu Thai’s coalition government, during its policy announcement, introduced a CEO-governor…
- Thailand News
Thailand suspends TM 6 immigration forms to boost tourism
The Government of Thailand has put a halt to the obligatory TM 6 immigration forms for foreigners arriving in the country via land or sea, effective from April 15 to October 15. This resolution, approved by the Cabinet on April 9, is a response to a suggestion by Interior Minister Anutin Charnvirakul, according to ministry spokeswoman Traisuree Taisaranakul. This pause…
- Thailand News
Thai government’s 500-billion-baht digital wallet scheme launches this quarter
Prime Minister Srettha Thavisin announced yesterday that the government’s 500-billion-baht digital wallet initiative will be launched in full swing in the fourth quarter to stimulate economic growth. This flagship policy of the ruling Pheu Thai Party plans to distribute 10,000 baht to 50 million Thai citizens for spending within their local communities over six months. PM Srettha, who also serves…
- Thailand News
Dusit International urges government to boost quality tourism in Thailand
Dusit International Vice Chairman Chanin Donavanik urged the government to focus on enhancing the quality of tourism and encouraging exploration of lesser-known destinations to boost the industry. Chanin believes the government’s existing tourism promotion policies, including visa-free schemes and luxury tax reductions, are effective. Chanin, who also serves as the executive committee’s chairman, highlighted several areas for the authorities to…
- Thailand News
Beachside business caught red-handed with Pattaya city floats
Pattaya officials swooped in on a beachside entrepreneur’s operation, seizing floats that were allegedly repurposed from government property for commercial gain. Residents raised eyebrows at the brazen use of what appeared to be city-owned pontoons for private enterprise on Krating Lai Beach in north Pattaya. The Deputy Mayor of Pattaya City, Manot Nongyai, spearheaded a team of city officials yesterday…
- Thailand News
Thai security academic calls for transparency in government assets
An independent security academic, Panitan Wattanayagorn, recently suggested a closer examination of the assets of military and government agencies in Thailand. His proposal aims to enhance transparency through regulated financial accounts and the disclosure of expenditures. Panitan, who specialises in security and foreign affairs, expressed his concerns, highlighting the ministries of Education, Higher Education Science Research and Innovation, and Finance…
- Business News
Thailand’s Q1 2024 government revenue exceeds target by 0.3%
The Fiscal Policy Office announced that government revenue collection for the initial quarter of fiscal 2024 surpassed its target by 0.3%, equating to 1.62 billion baht (US$45 million), according to the director-general, Pornchai Thiraveja. Pornchai, who also serves as a spokesperson for the Finance Ministry, disclosed that the government’s net revenue collection for the initial three-month period of fiscal 2024,…
- Thailand News
Corruption potential in the 10,000-baht digital wallet scheme
Despite potential warnings from the National Anti-Corruption Commission (NACC), the government has confirmed plans to proceed with the 10,000-baht digital wallet scheme. Prime Minister Srettha Thavisin and Deputy Finance Minister Julapun Amornvivat agreed to let the digital wallet policy committee begin work next week. The focus of the forthcoming meeting will be on the potential for corruption during the handout…
- Thailand News
World Songkran Festival to last from April 1 to 21
In an exciting announcement, government spokesman Chai Wacharonke yesterday revealed that plans were underway to organise World Songkran Festival activities nationwide. This decision comes hot on the heels of UNESCO’s recent recognition of the Songkran festival as an intangible cultural heritage of humanity. “The United Nations Educational, Scientific and Cultural Organisation (UNESCO) has formally acknowledged the significance of the Songkran…
- Business News
Thai government and central bank clash over interest rates
The ongoing discord between government officials and central bankers regarding interest rate adjustments is creating uncertainty for local banks and could potentially trigger further foreign investor withdrawals. Thailand Prime Minister Srettha Thavisin, along with key advisors, is advocating for a reduction in rates by the Bank of Thailand (BoT) to stimulate an economy the Thai PM describes as being in…
- Thailand News
Globalisation twist: Economic growth sizzles but income inequality and carbon clashes cloud horizon
The evolution of globalisation, while contributing to worldwide economic growth, has also introduced new economic challenges including increased income inequality and market failures due to carbon emissions. This was the view expressed by Eric S Maskin, Adams University Professor at Harvard’s Department of Economics. Maskin, a 2007 Nobel Laureate in Economics for his work in mechanism design theory, shed light…
- Thailand News
Delayed launch of Thailand’s 500 billion baht digital wallet rattles government
The much-anticipated 500-billion-baht (US$14.3-billion) digital wallet initiative, a flagship policy of the Pheu Thai-led government, has hit a snag. The planned rollout for May has been deferred, according to Deputy Finance Minister Julapun Amornvivat, delivering a blow to Prime Minister and Finance Minister Srettha Thavisin’s coalition government, which has been promoting the scheme as a lifeline for the faltering economy.…
- Thailand News
PM Srettha seeks extension to visa-free countries list for Thai passport
Currently boasting entry to 34 nations without a visa, the Thai government is seeking to extend this list for Thai passport holders. In a recent Cabinet meeting, Thai Prime Minister Srettha Thavasin announced his pursuit of a much more powerful Thai passport that will extend the list of visa-free countries. Applauding recent expansions, including visa-free access to China, Russia, and…
- Economy News
Thailand PM urges cautious monetary policy amid economic recovery
Prime Minister Srettha Thavisin urges the Bank of Thailand to consider the potential risks to the country’s delicate economic recovery when making decisions regarding monetary policy. He expressed concern that the decade-high borrowing costs, currently standing at 2.5%, could potentially impede the nation’s economic revival and affect the populace adversely. During a parliamentary budget debate, PM Srettha revealed that the…
- Thailand News
PM Srettha extends new year wishes, discusses govt’s plans
On the advent of the new year, Thailand Prime Minister Srettha Thavisin, in company with Supreme Patriarch and House Speaker and Parliament President Wan Muhamad Noor Matha, extended heartfelt wishes to the nation and its inhabitants. PM Srettha started his year with a visit to Wat Ratchabophit, accompanied by his wife, Pakpilai Thavisin. They expressed their reverence to the Supreme…
