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MP says casinos are safe bet

Known to be one of the most vocal proponents of legalising casinos, Chutchawan Kong-u-dom, leader of Thai Local Power Party, is not just pushing for the relaxation of long-standing laws to get a casino-entertainment project off the ground. He is also setting his sights on online gambling and the duty-free …

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Sandbox runs out of toys

The Sandbox scheme, now expanded to tourist magnets in the South, is no match for the suspended Test & Go programme although it is keeping the country’s tourism heart beating, say tourism experts. Source: Business

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Fourth phase of co-pay scheme in Feb

The fourth phase of the government’s “Khon La Khrueng” co-payment subsidy scheme will be launched mid-February, to mitigate the impact of Covid-19 and relieve people’s living costs, government spokesman Thanakorn Wangboonkongchana said on Saturday. Source: Business

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State mulls reducing diesel excise tax

The government’s struggle in dealing with the higher cost of living may cause authorities to consider reducing the excise tax on diesel to keep its price below 30 baht a litre, says an Energy Ministry official. Source: Business

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Investors fret over pending interest rate variance

In addition to the impact of the Omicron coronavirus variant on the Thai economy, investors are concerned with capital outflows because of the widening gap in interest rates between Thailand and other countries, says Tim Leelahaphan, an economist at Standard Chartered Bank (Thai). Source: Business

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UOB buys four Citibank retail arms

Good asset quality and strong competition in the Thai consumer banking sector are the main reasons United Overseas Bank (UOB) is buying Citibank’s retail arms in four Asean markets, says an executive. Source: Business

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