Economy and industry
E-banking scams take new guise
The Royal Thai Police is intensifying its hunt for Thai and foreign criminals who run scam call centres that send fake SMS messages to trick victims into replying with their bank account details.The widespread adoption of online payment methods in Thailand was highlighted by the ...
Bangkok Post Reporter
Government nudge on Chiang Rai rail link
Thailand nudged along the proposed rail project that will link Chiang Rai province to the main rail line between Bangkok and Chiang Mai, when the Cabinet, last week, approved a draft Royal Decree, designating land expropriation boundaries.The planned double-track railway will run from Den Chai ...
State sees EEC funding hitting B400bn
The government is optimistic that investment in its flagship Eastern Economic Corridor (EEC) can reach 400 billion baht next year, driven both by private investment and infrastructure development.Of the total, 300 billion baht is expected to be generated by private investment, while 100 billion would ...
Bangkok Post Reporter
Minister admits Covid-19 outbreak exposed cracks and faults in Thai economy
The Covid-19 outbreak that hit Thailand since April has exposed the fragility of the economy and shed light on the fact that we rely too much on export and tourism, Deputy PM Supattanapong Punmeechaow said.The deputy PM, who also holds the Energy portfolio, was speaking ...
The Nation Reporter
Baht unchanged, could strengthen from possible economic recovery
The baht opened at 30.03 to the US dollar on Thursday, unchanged from its closing rate on Wednesday.The Thai currency is likely to move between 29.90 and 30.10 during the day, predicted Jitipol Puksamatanan, senior director of the chief investment office at SCB Securities.Keep reading ...
The Nation Reporter
Egat’s hydropower plant at Pha Juk dam to go on stream by 2022-end as planned
The construction of the Electricity Generating Authority of Thailand’s (Egat) hydropower plant at Pha Juk dam in Uttaradit’s Muang district is progressing as planned and should meet its targeted commercial operation date of December 2022, Thidet Iam-sai, deputy director-general of engineering and power plant construction ...
The Nation Reporter
BOI calls for meeting with foreign representatives to boost investment opportunities in Thailand
Thailand’s Board of Investment (BOI) said on Wednesday that it had managed to hold a meeting with representatives of Foreign Chambers of Commerce to enhance confidence among investors and facilitate those who are interested to invest in Thailand.Duangjai Asawachintachit, BOI’s secretary general, said that 35 ...
Communication lines to be buried in bid to make Bangkok a smart city
From next year, many Bangkok roads will be free of the ugly power and communication lines that hang overhead at dangerous angles.Digital Economy and Society Minister Buddhipongse Punnakanta handed over the plan to TOT acting president Morakot Thienmontree on Wednesday morning. The plan requires the ...
The Nation Reporter
Blueprint for zero-carbon goal underway
Energy authorities and the Federation of Thai Industries (FTI) are drafting a Thailand Integrated Energy Blueprint (TIEB) to set up a zero-carbon emission goal in response to the growing trends of renewable energy and electric vehicles (EVs).The plan will be based on the 2018 Power ...
Yuthana Praiwan
CAT, TOT merger to be completed by January 7
The merger of CAT Telecom and TOT will be completed on January 7, 2021, after the Cabinet approved an extension from December 14 specified earlier.The Ministry of Digital Economy and Society (DES) said on Monday morning thatDES minister Buddhipongse Punnakanta had confirmed that the merger ...
The Nation Reporter
