Haze pollution is exceeding safe levels in 36 provinces, particularly in the North, while BKK and surrounding provinces will remain blanketed in smog for 2 more days.
BoI talking to semiconductor makers: State scheme to entice foreign investment promotes electric vehicle initiative. The Board of Investment (BoI) is in talks with semiconductor manufacturers from the US and Taiwan to encourage them to expand their production facilities to Thailand, part of government efforts to grow the electric vehicle (EV) industry. Bangkok Post
Cabinet approved plan to seek 3rd private operation for parking lots, ground equipment and cargo management at Suvarnabhumi airport worth Bt67b, with AOTGA, a jv between AOT and SKY, tipped to be among front runner.
Inflation to ease as food, fuel prices fall: Target for whole year maintained at 2-3%. The Commerce Ministry said headline inflation, gauged by the consumer price index, stood at 3.79% year-on-year in February 2023, easing for a second straight month. Thailand’s headline inflation is expected to decelerate this month after growing during January and February. Bangkok Post
Bangkok to Chiang Mai rail project gears up: Thailand and Japan are preparing to begin the firstphase construction of a high-speed rail project linking Bangkok with the northern province of Chiang Mai. Bangkok Post
TAT anticipates 6m European visitors: Agency remains upbeat demand from the continent will last for 1-2 years. The Tourism Authority of Thailand (TAT) expects 6 million tourists from Europe this year, roughly 80% of the pre-pandemic total, generating more than 420 billion baht as part of total revenue of 1.5 trillion baht by year-end. Bangkok Post
The cabinet yesterday approved waiving the corporate tax and VAT for funds raised via initial coin offerings (ICOs) of investment tokens, says Finance Ministry.
Cabinet approved proposal to bring leasing business under supervision of the BOT, may help keep NPLs in the sector under control.
PM vowed there would be no more coups, saying the 2014 putsch was the last, in an attempt to allay fears as the general election nears.
Energy Policy & Planning Office (EPPO) approved additional 3,660mw renewable power purchase (solar/wind/waste) from 5,203mw PPA in first round.