Asean News
Thailand to offer investment incentives for makers of hybrid vehicles
Thailand BOI offers investment incentives for hybrid vehicle manufacturers with lowered excise taxes until 2032. Country aims to become key hybrid producer and attract...
Cabinet maintains current electricity and diesel prices
The Cabinet approved to maintain electricity price at 4.18 baht/unit for households and businesses until December. Diesel price will remain at 33 baht/litre until...
Is there room for further cuts in EV prices
Chinese EV manufacturers dominate Thailand's market with discounts angering existing customers. Japanese automakers retreat, while the EV industry grows, raising concerns for local car...
Beyond hardships in 2024 Thai economy faces long-term challenges
Thailand faces long-term economic challenges and a slow-growing workforce, exacerbated by an aging population. Calls for fiscal and political reforms to avoid a lost...
House to debate supplementary budget for digital wallet on Wednesday
House of Representatives will debate a proposed 122 billion baht supplementary budget for a digital wallet scheme on Wednesday. PM to join briefly, opposition...
Negotiations on economic partnership with South Korea begin
Thailand and South Korea have started negotiations for an Economic Partnership Agreement to enhance bilateral trade and investment, with discussions covering various sectors like...
Govt has Plan B if it fails to borrow from BAAC to fund digital wallet Paopoom
Government prepared with plans B and C if unable to borrow 172.3 billion baht for digital wallet scheme. Finance Ministry has not yet sought...
Alcohol sale ban at airports on Buddhist holidays to be lifted
Thailand will lift the ban on alcohol sales on five Buddhist holidays at certain airports to boost tourism. Discussions are underway regarding lifting the...
