Power a priority to cope with Thai EEC demands Thailand’s Ministry of Energy is seeking acceleration of new power projects to cope with the expected sharp spike in electricity demand with the promotion of the Eastern Economic Corridor (EEC). Ministry officials met with the EEC Policy Committee and the National Energy Reform Committee (NERC) late…
BANGKOK – Thailand has seen export growth of 0.35 percent in the first month of the year. The Commerce Minister has ordered the Department of International Trade Promotion to advance an action plan to accelerate growth, which is set at 4 percent this year. An advisor to the Commerce Minister, Malika Boonmeetrakul, has revealed that Thai…
Thai shabu-shabu restaurant attracts customers with fresh marijuana leaves local shabu-shabu restaurant is attracting customers with marijuana dishes. Supatra Duang-nga, the owner of the restaurant, said that after marijuana was excluded from the government’s list of narcotics, she started to use marijuana as an ingredient for many dishes including soup, spicy salad and ground pork…
Thai SEC forced to clarify proposed crypto rules after public backlash Financial regulators in Thailand may adjust the minimum annual income qualification for crypto investors amid public outrage. Thailand’s Securities and Exchange Commission has walked back previous plans to enact a 1 million baht (about $33,000) minimum annual income requirement for crypto investment in the…
High value-added economy in focus The next national economic and social development plan should aim to provide Thailand a high value-added economy, according to the state planning unit. Danucha Pichayanan, secretary-general of the National Economic and Social Development Council (NESDC), said the NESDC board on Feb 15 approved a development framework for the country’s 13th…
Action needed to woo investment The economic head at South Korea’s embassy issues a challenge, writes William Hicks Thailand needs to “wake up” and find aggressive, proactive means to attract foreign businesses and investment or it risks falling behind Vietnam, says the economic head at the South Korean Embassy to Thailand. Jeon Joyoung, deputy chair…
Thailand Will Focus on High Value-added Economy BANGKOK (NNT) – The next national economic and social development plan from 2022 to 2026 is aimed to provide Thailand a high value-added economy. National Economic and Social Development Council (NESDC) Secretary-General Danucha Pichayanan said the NESDC board has approved a development framework for the 13th national economic and…
Samut Sakhon Central Shrimp Market Reopens BANGKOK (NNT) – The Central Shrimp Market in Samut Sakhon province reopened on Monday after being closed since Dec 19 due to the second wave of Covid-19. Traders and owners of fish and shrimp stalls all expressed their delight the market had finally reopened after being closed for over 10…
The social media giants in battle with ‘old’ media and world governments | VIDEO “The rules signal greater willingness by countries around the world to rein in big tech firms such as Google, Facebook and Twitter that the governments fear have become too powerful with little accountability.” India has issued strict new rules for Facebook,…
Thai SEC consults public on crypto investor income rules Thai investors who do not qualify for crypto trading under proposed SEC rules would still be able to invest through licensed fund managers. The Securities and Exchange Commission of Thailand has launched a public consultation on proposed cryptocurrency investor qualification rules. According to an official announcement Thursday, the…