Bangkok: The Comptroller General’s Department has initiated a rehearsal of government agencies’ procurement processes for the 2016 budget, aiming to accelerate the flow of funds into the economic system. Mrs. Patricia Mongkolvanich, Director-General of the Comptroller General’s Department, highlighted that the draft of the 2026 Budget Expenditure Act is under

Bangkok: Globlex Securities has expressed concerns over the economic pressure resulting from President Donald Trump’s 36% import tax on Thai products, especially affecting the export sector. The company hopes for a resolution in tax negotiations before the August 1st deadline. It advises investors to focus on Domestic Plays stocks to

Bangkok: The Cabinet has officially approved the draft master plan for agricultural development, aiming for a 5 percent annual increase in agricultural and agro-industrial exports. The plan targets an income of 537,000 baht per household for farmers by 2027. According to Thai News Agency, Mr. Anukul Prueksanusak, Deputy Government Spokesperson,

Bangkok: PTT Public Company Limited has highlighted carbon capture and storage (CCS) as a pivotal technology for reducing emissions from Thailand’s glass-bottomed ship industry and has called on the government to amend legislation to facilitate exploration and investment in CCS projects. The company estimates that over 500 CCS initiatives will

Bangkok: The Federation of Thai Industries (FTI) has proposed that the Thai team negotiate a two-tiered tariff system with the United States under the Trump administration’s trade policies. The proposal suggests a 40% tariff rate for goods that Thailand uses as a transit point and a 20% tariff rate for

Lampang: The Energy Regulatory Commission (ERC) is actively working to resolve two corruption cases involving the Mae Moh Power Plant Fund, following complaints from local residents filed since mid-last year. More than 70 individuals have been referred to the National Anti-Corruption Commission (NACC) for prosecution, with one case still awaiting

Bangkok: Ekkanat Promphan, Thailand’s Minister of Industry, has stirred discussion by posting on Facebook that ‘Dump’ is scarier than ‘Trump’, suggesting that managing the zero-dollar industry is crucial to coping with tax increases. Promphan recommended measures such as saving Thai industries, preventing market dumping, encouraging Thai people to use domestic

Bangkok: The Cabinet has announced the appointment of four key positions within the Ministry of Transport, marking a significant reshuffle aimed at strengthening the leadership of the department. Piyapong Jiwattanakulpaisan has been promoted from inspector to the youngest Director-General of the Department of Highways. Sorapong Paitoonpong will now serve as