Thailand’s Cabinet has approved the first batch of 186 economic stimulus projects worth 92.4 billion baht (3 billion USD) and allocated 15.5 billion baht (500 million USD) to support job creation and tourism-related projects.
Bangkok (VNA) – Thailand’s Cabinet has approved the first batch of 186 ec⛦onomicstimulus proj🙈ects worth 92.4 billion baht (3 billion USD) and allocated 15.5billion baht (500 million USD) to support job creation and tourism-relatedprojects.
The Thai Government’s deputy spokeswoman TraisuleeTraisoranakul said the Cabinet on July 8 agreed in principle to okay the firstbatch of economic stimulus projects under the 400-billion-baht emergencypackage to shore up the economy impacted by the COVID-19 pandemic. These projects cover three areas, including 51.3billion baht to boost the grass roots economy, 20.3 billion baht for financingsustainable development projects, and 22.4 billion baht for boostingconsumption and tourism. The Cabinet agreed to allocate15.5 billion bahtto finance five projects which are designed to create employment and promotetourism. Other projects will be approved in subsequent Cabinet meetings./.
The Cabinet of Thailand has approved a reduction in Land and Building Tax this year of 90 percent to help ease economic disruption from the COVID-19 pandemic.
Thailand’s Cabinet on June 9 approved a draft bill allowing the government to collect VAT from electronic services, as proposed by the Ministry of Finance.
The Thai cabinet on June 16 approved a domestic tourism package worth 22.4 billion THB (720 million USD) to revitalise a key sector hit by the COVID-19 pandemic.
The Republic of Korea (RoK), China and Japan agreed on May 3 to reinforce the regional financial safety net, along with members of the Association of Southeast Asian Nations (ASEAN), by launching a new financing facility programme meant to extend greater support in case of a financial crisis.
A technical issue combined with an extreme heatwave was blamed for a series of explosions at a military base that killed 20 soldiers and injured several others in Cambodia on April 27, the country’s Ministry of Defence said in a May 2 statement as reported by the Xinhua news agency.
The Customs Department of Thailand is scheduled to commence the collection of value-added tax (VAT) on imported goods sent via postal services, regardless of the goods value, starting in May.
A lecturer from Chulalongkorn University’s Faculty of Medicine has warned Thais to be more vigilant against COVID-19, saying infection rates appeare to be worsening with higher hospital admissions, deaths and severe cases.
Malaysia should harness the collective expertise and resources to drive sustainable growth and development of the halal industry, according to Minister of Investment, Trade and Industry Zafrul Abdul Aziz.
Laos has officially restored the 10% value-added tax (VAT) rate starting May 1, in a bid to support the country’s budget revenue and socio-economic development.
The ASEAN Future Forum 2024 (AFF 2024) entered its second plenary session in Hanoi on the afternoon of April 23, discussing ways to ensure comprehensive security for the people-centred ASEAN Community.
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ASEAN Secretary-General Kao Kim Hourn reaffirmed ASEAN leaders' commitment to empowering the youth to unleash their full potential when he had a dialogue with ASEAN youth in Hanoi on April 22 on the sidelines of the ASEAN Future Forum (AF 2024).
The Thai Government is being urged to increase the proportion of renewable power generation to more than the target of 50% set in the power development plan (PDP).
The Centre for Volcanology and Geological Hazard Mitigation (PVMBG) of Indonesia on April 21 lifted its tsunami advisory issued previously following the eruption of Mount Ruang in Sitaro district of North Sulawesi province.
Thailand expects to export about 1 million tonnes of durian, valued at an estimated 130 billion THB (3.53 billion USD) this year, with most of the shipments to China, according to Minister of Agriculture Thammanat Prompao.
The 72nd meeting of the ASEAN Working Group on Intellectual Property Cooperation (AWGIPC) and related meetings are being held by the Ministry of Science and Technology’s Intellectual Property Office (IPO) of Vietnam in the central city of Da Nang on April 22-26.
Enhancing regional food security and tackling the pressing challenges of climate change will be key agendas defining Malaysia’s ASEAN Chairmanship in 2025, Speaker of the Dewan Rakyat (lower house) Johari Abdul told the press on April 19.
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