• Business News

    Thai EV stocks to soar with renewed government support measures

    Electric vehicle (EV) and battery manufacturing-related stocks are predicted to gain from the upcoming renewal of EV support measures by the government next year, according to Asia Plus Securities (ASPS). The EV Policy Committee will convene today, with new support measures for electric cars and pickups being anticipated. These measures are expected to adjust the subsidy to fall between 50,000…

  • Thailand News

    Thai welfare department pushes for more ‘home-run’ support as homeless program stalls

    The Thai Department of Social Development and Welfare is advocating for increased housing subsidies for the homeless, following a year in which fewer than 100 individuals signed up for the programme, revealed Varawut Silpa-archa, the Minister of Social Development and Human Security. This joint initiative of the department and the Thai Health Promotion Foundation allows for half of the participants’…

  • Economy News

    Thai government to resubmit subsidy proposal to Election Commission

    Thailand‘s issues around electricity costs are continuing. Thailand’s Prime Minister Prayut Chan-o-cha remains determined that the government will resubmit a proposed 11 million baht (US$330 million) subsidy for household electricity bills to the Election Commission (EC) for approval. The proposal, which was approved by the Cabinet last week, was previously rejected by the polling regulator, according to an unnamed source.…