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FTI Calls for Review of New Draft Labor Protection Act over Economic Concerns

Bangkok: The Federation of Thai Industries (FTI) has raised concerns over the new draft Labor Protection Act, urging its review due to potential impacts on the economy, employment, and competitiveness. The Joint Standing Committee on Commerce, Industry, and Banking (JSCCIB) has submitted a letter to the government and Mr. Charat

Treasury Backs EGAT’s 2 Billion Baht SLB Bond Issuance

Bangkok: The Ministry of Finance has announced its support for the Electricity Generating Authority of Thailand (EGAT) as it embarks on its inaugural issuance of Sustainability-Linked Bonds (SLB) valued at 2 billion baht, with an interest rate pegged at 1.40% per annum. According to Thai News Agency, Ms. Chananporn Pisitwanich,

Cabinet Approves New Political Appointments in Prime Minister’s Office

Bangkok: Mr. Siripong Angkasakulkiat, spokesman for the Prime Minister’s Office, revealed that the Cabinet meeting approved the proposal from the Office of the Prime Minister to appoint five individuals to political positions. According to Thai News Agency, the approved appointments include Mr. Sompop Phongsawang as Advisor to the Deputy Prime

Thai Stocks Slip as SET Index Dips by 10.46 Points

Bangkok: Thai stocks closed the morning session down 10.46 points. The Stock Exchange of Thailand (SET) closed this morning at 1,276.52 points, down 10.46 points (-0.81%), with a trading value of approximately 23.131 billion baht. According to Thai News Agency, in morning trading, the index continued to decline as expected,

Cabinet Approves 455 Million Baht Budget for 2025 SEA Games and ASEAN Para Games

Bangkok: The Cabinet has approved a budget of 455,962,200 baht for hosting the 33rd SEA Games and the 13th ASEAN Para Games in 2025. According to Thai News Agency, Mr. Siripong Angkasakulkiat, Government Spokesperson, announced that the Cabinet meeting approved the allocation of funds from the 2026 fiscal year budget,

EGCO Group Expands Stake in New Jersey’s Linden Cogen Power Plant

New york: Electricity Generating Public Company Limited (EGCO Group) is advancing its strategic growth in the United States by increasing its stake in the Linden Cogen power plant by 10%, resulting in a total holding of 38% in this 980 megawatt natural gas-fired cogeneration facility. According to Thai News Agency,

Cabinet Directs Agencies to Fast-Track 2027 Budget Preparation and Stimulate Economy

Bangkok: The Cabinet has directed all government agencies to expedite the preparation of the 2027 budget while urging state enterprises to invest 1.6 trillion baht in the 2026 budget to inject investment into the system and stimulate economic growth. According to Thai News Agency, Prime Minister’s Office spokesman Siripong Angkasakulkiat

Thai Rice Prices Decline Amid Global Market Challenges

Bangkok: Several negative factors are affecting the global rice market, causing Thai rice prices to plummet. The Thai Rice Exporters Association points out that the global market is facing a series of negative factors. The Philippines has extended its rice import ban until the end of the year, India is