The Commerce Ministry has rejected widespread criticism on social media that it was too slow to act in demanding financial compensation from suspects in the multi-billion-baht rice-pledging scandal.
The deadly Erawan Shrine bombing is expected to weaken already soft demand in the property market.
Advertising spending on digital media is expected to grow by 62% this year to nearly 10 billion baht, almost double the earlier projection of 33%, despite the faltering economy.
The Revenue Department is poised to amend the law to allow the use of market prices in assessing income tax payments, aiming to plug a loophole by which property owners avoid paying larger tax bills.
The only way to discover your strength is through feedback analysis. — Peter Drucker
Wichan Khantuwarn, 65, a native of Trat, has felt uneasy since he learned of the government's decision to set up special economic zones (SEZs) and name the small, easternmost province as one of 10 designated areas.
Additional investment privileges are likely to be offered to seven business clusters to be located in special economic zones (SEZs).
Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. But the rebound in April and May to US$60 per barrel from the mid-$40s suggested that the severe drop was merely temporary.
Recap: China's Black Monday sparked a sell-off in global stock markets before a relief rally took hold across the world amid hints that the US Federal Reserve would not lift interest rates in September given fragile global conditions. Stimulus measures proposed by the Thai government's new economic team also improved investors' appetite for local shares.
The owner of Pharmax drugstore chain has formed a joint venture with South Korea's Wonjin Beauty Medical Group to open a cosmetic surgery hospital in Bangkok next year aiming to capitalise on the Asean Economic Community (AEC).
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