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The Latest Breaking News from Supattanapong Punmeechaow

The United Thai Nation Party (UTN) has introduced its new economic team tasked with spurring economic development and growth.

Bangkok Post

Industry applauds election clarity

Thailand's general election is scheduled for May 14, with early ballots cast on May 7, according to a recent statement from the Election Commission.

Bangkok Post

Pricey power bills expected to ease

Electricity bills are expected to decline from May to August as the fuel tariff (Ft) dips following a decrease in the price of liquefied natural gas (LNG), says Energy Minister Supattanapong Punmeechaow.

Bangkok Post

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25m-30m foreign arrivals expected - tourism minister

Thailand is expecting to receive between 25 million and 30 million foreign visitors this year as its crucial travel sector rebounds, its Tourism and Sports Minister Phiphat Ratchakitprakarn said on Thursday.

Bangkok Post

EV battery subsidies head to cabinet soon

The Industry Ministry plans to ask the cabinet to approve an incentive package for electric vehicle (EV) battery production before dissolution of the House of Representatives this month.

Bangkok Post

PTT sees EVs as new revenue stream

National oil and gas conglomerate PTT Plc is angling towards becoming a new electric vehicle (EV) manufacturer in Thailand as construction of its assembly plant in Chon Buri is scheduled to finish next year.

Bangkok Post

EV battery excise tax to be reduced to 1%

A national committee on electronic vehicle policy, also known as the EV board, on Thursday agreed in principle on a proposal to lower the excise tax on EV batteries from the current 8% to just 1% while offering a 24-billion-baht subsidy to the EV battery-producing industry.

Bangkok Post

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Economy may grow 4% on tourism - minister

Thailand's economy could grow as much as 4% this year, which would be the fastest rate in five years, bolstered by a rebound in the tourism sector and increased domestic consumption, Deputy Prime Minister and Energy Minister Supattanapong Punmeechaow said on Wednesday.

Bangkok Post

Ministry urged to cut power reserve

Energy advocates are demanding the Energy Ministry reduce the country's huge surplus of power generation capacity in reserve as part of efforts to curb a surge in power bills in 2023.

Bangkok Post

Fuel tariff needs fixing

An increase in fuel tariff, or FT, planned for the business sector beginning next month needs to be reviewed.

Bangkok Post

Battery EVs take off in Thailand

Battery electric vehicles (BEVs) are becoming more popular with Thai motorists, beating other types of EVs that were previously thought to be better suited to the Thai market as concerns over charging facilities ease, says the Federation of Thai Industries (FTI).

Bangkok Post

TCC urges provincial push

The Thai Chamber of Commerce (TCC) and Board of Trade of Thailand on Sunday urged the government to speed up investment in provincial development projects to revitalise the economy.

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PTT asked for assistance

The National Energy Policy Council (NEPC) has resolved to ask national oil and gas conglomerate PTT Plc to allocate 6 billion baht to help the government cap the increasing power tariff, part of efforts to slow the surge in electricity bills.

Bangkok Post

PTT asked to help subsidise power charges

The National Energy Policy Council chaired by the prime minister wants PTT Group to contribute 6 billion baht from its gas separation revenue to help freeze electricity fees for small users from January to April next year, according to the energy minister.

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Govt U-turns on land plan

The government is reportedly backing down from its plan to allow wealthy foreigners to purchase up to one rai of land for residential purposes in return for investments, after the proposal drew fierce criticism.

Bangkok Post

Deputy premier hopeful for 2023

Thailand's economy should not succumb to the global economic slowdown projected for next year, but rather continue its recovery propelled by new infrastructure development and increasing digital know-how among people, says Deputy Prime Minister Supattanapong Punmeechaow.

Bangkok Post

Thailand 'well-positioned' against global recession

Infrastructure development will carry Thailand through economic recession next year as many projects start to operate and more are still in the pipeline, Deputy Prime Minister Supattanapong Punmeechaow said on Thursday.

Bangkok Post

Amazon Web Services announces plans to open data centres in Thailand

Mr. Supattanapong Punmeechaow, deputy prime minister of Thailand, Mr. Narit Therdsteerasukdi, secretary general of the Thailand Board of Investment and other senior Thai officials and executives attended in Bangkok on 18 October 2022, the announcement by Amazon Web Services (AWS), an Amazon.com, Inc. company, of plans to open an Infrastructure…

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Bangkok Post

New stimulus planned in effort to keep recovery rolling

The government is planning to roll out a number of measures as "New Year gifts" at the end of the year, including an extension of the "Khon La Khrueng" co-payment scheme and the "Shop Dee Mee Khuen" tax rebate scheme.

Bangkok Post

AWS bets big on Thailand

A plan by Amazon Web Services (AWS) to invest US$5 billion (around 190 billion baht) in Thailand over the next 15 years underscores the country's significance as a regional hub for digital data, says Deputy Prime Minister Supattanapong Punmeechaow.

Bangkok Post

OCA talks with Cambodia set to resume

Talks on the overlapping claim area (OCA) between Thailand and Cambodia to jointly benefit from the petroleum business there are expected to resume, part of efforts to decrease dependence on expensive liquefied natural gas (LNG) imports, said deputy Prime Minister Supattanapong Punmeechaow.

Bangkok Post

Care vital for energy deal

The recent move of Thailand and Cambodia in agreeing to reopen talks on an overlapping claims area (OCA) in the Gulf of Thailand is a good sign for the energy security of both countries amid the global energy crisis.

Bangkok Post

Huawei launches global cloud initiative

Global tech powerhouse Huawei Technologies is sharpening its focus on strengthening its partnership ecosystem for growth by launching a "Go Cloud, Go Global" plan to work with partners across industries to capitalise on its cloud power to push for digital solutions and capacity building.

Bangkok Post

Sea riches prompt new talks

Thailand will hold talks with Cambodia over a 26,000 sq km overlapping claims area (OCA) estimated to hold up to 500 million barrels of oil and gas deposits under the seafloor.

Bangkok Post

Energy subsidies extended

The cabinet on Tuesday approved extensions of both the diesel tax cut for two more months and the electricity bill subsidy until December, in an attempt to mitigate the impact of high energy prices.

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