Bangkok: The cabinet has approved a new initiative allowing private companies to propose leasing the U-Tapao Aircraft Maintenance Center. This decision follows Thai Airways’ loss of its state enterprise status, which previously permitted it to co-invest in the facility. According to Thai News Agency, Mr. Anukul Prueksanusak, the deputy government spokesman, announced that the cabinet acknowledged the Eastern Economic Corridor

Bangkok: The Ministry of Transport has been allocated a 40 billion baht budget as part of an economic stimulus package, as revealed by Mr. Suriya Juangroongruangkit, the Minister of Transport. He emphasized the importance of negotiations between Airports of Thailand (AOT) and King Power to maintain existing benefits. According to Thai News Agency, the Subcommittee on Budget Screening reviewed a

Bangkok: Thai stocks closed this morning with a modest increase of 1.71 points, marking a 0.15% rise to reach 1,116.20 points. The trading value was approximately 15,835 million baht. According to Thai News Agency, analysts highlighted that the Thai stock market’s performance lagged behind the regional markets, despite signs of easing tensions in the Middle East. The energy and oil

Bangkok: Bangchak Corporation Public Company Limited has made a strategic move into the truck lubricant market with the introduction of its latest product, ‘Bangchak HERCuRO’. Designed for large diesel engines, this new lubricant extends the oil change interval to 80,000 kilometers. According to Thai News Agency, Mr. Seri Anupanthanant, Senior Executive Vice President of the Marketing Business Group at Bangchak,

Bangkok: Pichai Chunhavajira, Deputy Prime Minister and Minister of Finance, announced preparations to propose the first economic stimulus budget, coinciding with the commencement of Thai-US trade and tariff negotiations. The discussions have progressed to the official level through online platforms, with adjustments made to the initial proposal based on previously disclosed principles. An official proposal submission is anticipated within the

Bangkok: The Oil Fund will increase diesel subsidies by another 50 satang per liter, effective tomorrow, to stabilize pump prices and mitigate the impact of global oil price fluctuations resulting from Middle East tensions. According to Thai News Agency, Mr. Pornchai Chirakulpaisan, Director of the Policy and Planning Office at the Oil Fund Office, announced that the Oil Fund Management

Bangkok: The Ministry of Energy is actively preparing to manage the impact of the ongoing conflict between Israel and Iran, focusing on both oil and gas reserves. The current strategy ensures that energy supply remains stable, and a mechanism is in place to manage oil prices through the Oil Fund. According to Thai News Agency, Mr. Veerapat Kiatfuengfu, Deputy Permanent

Bangkok: Mr. Ratthawirun Chanjungthaworn, Chief Executive Officer of Premier Quality Starch or PQS, took the stage at the ‘Global Cassava Sustainability Forum 2025’ to present his vision and suggest turning challenges in the cassava starch industry into opportunities through innovation and cooperation between the public and private sectors, as well as highlighting an investment plan to produce low-carbon cassava. According