Thai cabinet
- Thailand News
Thailand approves 55 billion baht low-interest home loans
The Thai Cabinet has approved the Government Housing Bank (GHB) to roll out a low-interest loan package worth 55 billion baht. This initiative aims to enhance housing accessibility for Thai citizens and includes two major schemes: a fixed-rate mortgage for the first five years at 3% per annum for purchasing or constructing homes, and a low-interest loan for home renovations…
- Thailand News
Thai Cabinet approves 15 billion baht loan for small businesses
The Thai Cabinet approved a substantial loan initiative aimed at boosting employment and entrepreneurship with a budget of 15 billion baht, targeting street vendors and small businesses to alleviate high-interest debt. The scheme is expected to benefit around 300,000 individuals across the country. Finance Deputy Minister Paophum Rojanasakul announced that the Cabinet agreed to allow the Government Savings Bank (GSB)…
- Thailand News
Thai Cabinet approves 3 new holidays for 2025 and 2026
The Thai Cabinet has approved an addition of three special public holidays for the years 2025 and 2026, resulting in a total of 21 official holidays next year. These additional days aim to extend existing holiday periods into longer breaks. Deputy Prime Minister and Minister of Defence, Phumtham Wechayachai, announced the decision following the Cabinet meeting at Government House earlier…
- Thailand News
Ex-Finance Minister Kittirat to head Bank of Thailand amid backlash
Former Finance Minister Kittirat Na-Ranong has been selected as chairperson of the Bank of Thailand (BOT), sparking fierce debate over his potential influence on the nation’s economic policies. In a closed-door meeting that lasted five hours yesterday, November 11, the selection committee decided to appoint Kittirat to replace Poramethi Vimolsiri, whose term ended in September. The committee also appointed two…
- Business News
Thailand casino draft law ready to hit the jackpot in Cabinet review
The draft law on entertainment complexes and casinos in Thailand is anticipated to reach the Cabinet for consideration later this year, as announced by Deputy Finance Minister Julapun Amornvivat. Upon receiving Cabinet approval, the administration plans to forward the draft law to Parliament for further deliberation. The House of Representatives is scheduled to reconvene for a regular session from mid-December…
- Thailand News
Roll the dice: Casino bill feedback to be reviewed by Thai Cabinet
A public hearing on the proposed casino-entertainment complex bill wrapped up with feedback set to be submitted to the Cabinet, announced the Fiscal Policy Office (FPO) at the Ministry of Finance. The FPO, alongside the Digital Government Development Agency, collected public opinions on the bill via their websites over two weeks. The bill aims to establish entertainment complexes with legally…
- Thailand News
New PM office spokesperson announced at Government House
In a whirlwind Cabinet reshuffle, the Government of Thailand is shaking up key roles, including naming a new spokesperson for the Prime Minister’s Office and promoting the deputy secretary-general of the National Security Council (NSC) to council chief. It’s all part of the latest wave of power moves under PM Paetongtarn Shinawatra. Announcing the changes at a press briefing today,…
- Thailand News
Thai Cabinet levels flood compensation at 9,000 baht
The Thai Cabinet has revised flood victim compensation to a uniform rate of 9,000 baht per household, replacing the previous variable range of 5,000 to 9,000 baht. Prime Minister Paetongtarn Shinawatra announced the decision following a Cabinet meeting, citing the severity of the flood situation as the reason for the new compensation structure. “The government decided that all affected households…
- Thailand News
Covid chaos hits Thai Cabinet: 2 deputy ministers sidelined by virus
Incoming Deputy Interior Ministers Songsak Thongsri and Sabeeda Thaised have been forced into isolation after testing positive for Covid-19 during routine RT-PCR tests at Government House. Both ministers, from the Bhumjaithai Party, will have to delay their official duties as they recover, a government insider revealed. Songsak, who has held his post since 2019, and first-timer Sabeeda, daughter of outgoing…
- Thailand News
Thailand set to advance casino project with 80% public approval
Newly-appointed Deputy Finance Minister Julaphan Amornvivat recently discussed the progress of the Entertainment Complex (Casino) project following the completion of public hearings, where over 80% of respondents expressed approval. This project, which has its origins in Parliament, is now set to move towards discussions among coalition parties before being submitted to the Cabinet and Parliament for further consideration. Julaphan highlighted…
- Thailand News
Deputy Interior Minister Chada pulls out of Cabinet
Caretaker Deputy Interior Minister Chada Thaised has withdrawn his name from consideration for a role in Thailand’s next Cabinet, instead proposing his daughter, Sabeeda Thaised, for the position of Deputy Interior Minister. The move comes amidst swirling controversy surrounding Chada’s murky past and fears that his appointment could imperil the government’s stability. The decision followed a damning report from the…
- Thailand News
Thai PM Paetongtarn to submit new Cabinet list next week
The Prime Minister of Thailand, Paetongtarn Shinawatra, plans to submit the names of her new Cabinet members for royal endorsement by next week. Unfortunately, future Deputy Minister Chada Thaiseth withdrew his name from the list this morning. Prime Minister Paetongtarn arrived at Shinawatra Tower 3, her temporary office, at 9.40am today, September 3, and revealed to the media that the…
- Thailand News
PM Paetongtarn denies Thaksin’s influence on Cabinet
Thailand Prime Minister Paetongtarn Shinawatra firmly asserted that she alone will decide on the composition of her Cabinet. This declaration follows concerns that her father, former Prime Minister Thaksin Shinawatra, might interfere in her selections. Paetongtarn was officially named Thailand’s 31st Prime Minister on August 18 after securing a majority vote in Parliament. Since then, her coalition partners have been…
- Thailand News
Pheu Thai to announce new Cabinet in three weeks
The ruling Pheu Thai Party has announced that the new Cabinet will be introduced within three weeks. Commerce Minister Phumtham Wechayachai confirmed this yesterday, following parliament’s vote for the new premier. Newly installed Prime Minister Paetongtarn Shinawatra will have the legal right and duty to make political decisions and hold discussions. Phumtham emphasised that the allocation of ministerial positions will…
- Thailand News
Agriculture Ministry seeks Cabinet approval for state land use
The Ministry of Agriculture and Cooperatives plans to request Cabinet approval to utilise lands from state agencies for royally initiated projects. Agriculture and Cooperatives Minister Thamanat Prompow announced the proposed resolution during a meeting at the Office of Agricultural Economics focused on assessing these projects. Royally initiated projects have been prioritised by the ministry as they aim to eradicate poverty…
- Politics News
New interior permanent secretary appointed, effective October 1
The Cabinet appointed Ansit Samphantharat as the new permanent secretary of the Ministry of Interior, effective from October 1. He will succeed Suttipong Juljarern, who will retire at the end of this month. Ansit currently serves as the director of the Department of Provincial Administration within the ministry. His appointment came alongside the approval of Supachai Pathumnakul as the Permanent…
- Thailand News
Early retirement scheme slashes Thai Defence senior ranks
The Cabinet approved an early retirement scheme for senior Defence Ministry officials, effective this October. According to insider sources, the initiative is set to revolutionise the armed forces by offering retirement packages to over 700 top brass. The ambitious three-year campaign aims to retire 732 high-ranking officials, approximately 244 each year, slashing the defence budget by an impressive 4.47 billion…
- Thailand News
NACC calls for probe into BMA’s electric truck project
The National Anti-Corruption Commission (NACC) urged the Secretariat of the Cabinet to scrutinise the Bangkok Metropolitan Administration’s (BMA) 3.99-billion-baht project aimed at leasing electric garbage trucks, amid concerns of potential corruption. NACC chairman Watcharapol Prasarnrajkit submitted a formal letter to the secretariat yesterday, July 3, providing detailed recommendations on how to prevent corruption in these large-scale projects. The commission had…
- 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…
- Thailand News
SEC bill to launch 1-trillion-baht Land Bridge project by 2026
The draft of the Southern Economic Corridor (SEC) bill is on track to be submitted to the Cabinet by the end of September, aiming to kickstart the 1-trillion-baht Land Bridge megaproject in 2026, Transport Minister Suriya Jungrungreangkit announced yesterday. The blueprint for the project is currently being adjusted to align with the expectations of foreign investors and locals. These adjustments…
- Thailand News
PM dismisses concerns over foreign condo ownership plan
Prime Minister Srettha Thavisin dismissed allegations that a government proposal to increase the foreign ownership quota in condominiums and extend land leases is akin to “selling off the nation.” “It is about long-term leases, not selling land. It has nothing to do with selling the nation.” Last week, the Cabinet ordered a study into raising the proportion of foreign ownership…
- Thailand News
Thailand imports shrimp from Ecuador amid local production crisis
Thailand, once the world’s leading shrimp exporter, now finds itself importing shrimp from Ecuador. Prime Minister Srettha Thavisin directed the Department of Fisheries to investigate and report back in the next Cabinet meeting. The nation, which used to produce and export 600,000 tonnes of shrimp annually, now produces only 200,000 tonnes. This significant decline has necessitated the importation of shrimp,…
- Thailand News
Thailand’s big gamble: Mega casinos set to hit the jackpot
Deputy Finance Minister Julapun Amornvivat announced that Thailand is on the brink of legalising large-scale entertainment complexes with casinos. The final draft of this ambitious bill is set to be ready for Cabinet deliberations within the next three to four weeks. Julapun revealed that 16 government agencies have already weighed in on the plan. “Their insights will be included as…
- Thailand News
King honours 59 people with prestigious Thai awards
Thailand’s King Maha Vajiralongkorn bestowed the prestigious Chula Chom Klao Order and the Rattanaporn Medal on 59 individuals. Among the recipients, Prayut Chan-o-cha received the special First Class of the Chula Chom Klao Order. The Royal Gazette yesterday published the royal decree detailing the awards. The decree, issued by King Maha Vajiralongkorn, outlines the recipients of the Chula Chom Klao…
- 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…
- Thailand News
Thailand drastically lowers threshold for meth possession
In a landmark decision, the Thai Cabinet redefined what constitutes personal drug use, slashing the permissible quantity of methamphetamine, also known as Yaba, and crystal methamphetamine (ice). Possessing just one Yaba tablet or 100mg of ice will now classify an individual as a drug user, a dramatic reduction from the previous threshold of five tablets or 500mg. Deputy government spokesperson…
- Business News
Thai govt unveils tax measures to spark tourism surge
The Thai Cabinet today approved a series of tax measures aimed at boosting domestic tourism during the low season, announced the deputy finance minister. These measures will be in effect from May to November and include tax deductions for companies organising conventions and seminars, according to Paopoom Rojanasakul. Further initiatives target increased domestic travel to secondary cities by allowing income…
- 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…
- Cannabis News
Cabinet shake-up plants seeds for cannabis reform in Thailand
The Thai Cabinet reshuffle by Prime Minister Srettha Thavisin could spark high-stakes changes to the cannabis bill after former Justice Minister Somsak Thepsuthin replaced Public Health Minister Cholnan Srikaew. Cholnan, who led the charge in the cannabis debate, faced a blaze of controversy over the plant’s legalisation in 2022 by Anutin Charnvirakul, the former Public Health Minister, now doubling as…