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Central Pattana Clarifies Shareholding Status in Dusit Thani Public Company Limited

Bangkok: Central Pattana has officially denied recent news reports and clarified its shareholding status in Dusit Thani Public Company Limited. The company aims to address misunderstandings related to its investment policy and shareholding in Dusit Thani. According to Thai News Agency, Central Pattana has been a strategic partner and co-investor with Dusit Thani in the Dusit Central Park project since

Central Pattana to Unveil Central Park in Bangkok’s Heart

Bangkok: Central Pattana Public Company Limited (CPN) is gearing up for the grand opening of “Central Park,” a key component of the Dusit Central Park mixed-use project in Bangkok, planned for September 4th. This ambitious project, valued at 46 billion baht, is set to feature a shopping center and office buildings, aligning with the vision to transform Bangkok into a

Cabinet Approves Transfer of 40% Stake in MP G2 Co., Ltd. to PTTEP for Gulf of Thailand Exploration

Bangkok: The Cabinet has approved the transfer of 40% of the rights and obligations of MP G2 Co., Ltd. to PTT Exploration and Production Public Company Limited (PTTEP) for an exploration block in the Gulf of Thailand. This decision involves the production sharing contract for exploration block G1/61, which holds significant potential for petroleum development. According to Thai News Agency,

Cabinet Approves New Tax Measures to Support Art Purchases and Artists

Bangkok: The Cabinet has introduced tax measures aimed at bolstering the purchase of art and supporting art creators, in a bid to promote Thailand’s soft power in the arts. Mr. Chulaphan Amornvivat, Deputy Minister of Finance, announced the new tax policies designed to align with the government’s strategy to enhance the country’s cultural influence. According to Thai News Agency, the

Cabinet Approves Establishment of National Credit Guarantee Agency to Merge with SME Bank Within a Year

Bangkok: The Cabinet has approved the establishment of the National Credit Guarantee Agency (NaCGA), which is set to merge with the SME Bank within one year. Deputy Finance Minister Paopum Rojanasakul announced that the Cabinet has green-lighted the draft National Credit Guarantee Agency Act, aimed at supporting SMEs and small entrepreneurs in accessing capital. The draft will now proceed to

Cabinet Approves Measures to Stabilize Rice Prices for 2025/26 Production Year

Bangkok: The Cabinet has approved a series of measures aimed at stabilizing paddy rice prices for the 2025/26 production year, allocating a budget of 61.697 billion baht. This decision was announced by Deputy Government Spokesperson Anukul Prueksanusak and is part of a proposal from the Ministry of Commerce (MOC). According to Thai News Agency, the primary component of the plan

Oil Crops Board Approves Soybean and Coconut Imports to Stabilize Domestic Production

Bangkok: The Oil Crops Board (OIC) has given the green light for the import of soybeans and coconuts as a strategy to maintain a balanced domestic production. Mr. Chatuporn Buruspat, the Minister of Commerce, was tasked by Deputy Prime Minister Mr. Pichai Chunhavajira to lead the 1/2025 meeting of the Oil Plants and Vegetable Oil Committee, held at the Kitiyakara

Cabinet Approves Electricity Purchase from Laos Worth 26.22 Billion Baht

Bangkok: The Cabinet has given the green light for the Electricity Generating Authority of Thailand (EGAT) to develop a power transmission system in Nan, Phrae, and Uttaradit provinces, facilitating the purchase of 26.22 billion baht worth of electricity from Laos. According to Thai News Agency, Deputy Government Spokesperson Ms. Sasikarn Wattanachan announced the approval which aligns with the Ministry of