NBTS said postponing 5G license payment proposal is in conflict with TORs and a special order under Article 44 is needed, otherwise would sure to result in further lawsuits.
Transport Ministry to sign TH-China high-speed rail projects today, total 3 contracts worth Bt27b, China State Construction-NWR-AS Associate consortium wins Bt11.525b, ITD’s Bt6.57b and UNIQ wins Bt9.429b.
Thai Hotel Association expects 80% of hotels from entire industry to apply for assets warehousing program as accrued debts topped Bt32b.
Phuket joy over govt reopen plan: Province first to waive quarantine. The private sector in Phuket has welcomed the government’s reopening plan to allow vaccinated foreign tourists to visit the resort island from July 1 which is expected to pull in more than 84 billion baht. Bangkok Post
Operators call for sandbox scheme to include Bangkok: Bangkok should be included in the tourism sandbox scheme for October that allows vaccinated visitors to enter without quarantine, or else Thailand will miss its goal of 6.5 million foreign tourists this year, say tourism operators. Bangkok Post
Cabinet approves plan to set up national pension fund: The cabinet has agreed to set up a national pension fund that would force employees out of provident funds and cut the public budget. Bangkok Post
Excise tax collection up on robust car, beer sales: Car and beer sales are recovering vigorously, resulting in a surge of excise tax revenue collection by the Excise Department from the two products for the first five months of fiscal 2021. Bangkok Post
Government is set to roll out 2nd phase of the One Million Houses low-cost housing scheme worth Bt30-50b with a fixed rate of 2% for 10 years to help low-income earners buy a home and stimulate the domestic property sector.
Survey: Weak spending during Songkran festival: People’s spending during the upcoming Songkran festival is expected to dive by 17% from 2019 to 113 billion baht, the lowest in nine years, as people remain worried about the pandemic and weak purchasing power, according to a survey conducted by the University of the Thai Chamber of Commerce (UTCC). Bangkok Post
BoT urged to keep credit card measure: The credit card club of the Thai Bankers’ Association has proposed the central bank maintain a minimum debt payment measure for credit cards to help alleviate the financial burden on consumers during the country’s uneven economic recovery. Bangkok Post