Business

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 …

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

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

Workers in Singapore who refuse to be inoculated against Covid-19 may risk losing their jobs as new restrictions on office access take effect. Source: Business

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

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

The Commerce Ministry is asking for 1.4 billion baht to implement measures to reduce the cost of living for Thais amid spikes in the prices of goods and food. Source: Business

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

The Civil Aviation Board (CAB) has extended relief measures for airlines affected by the Covid-19 pandemic for another three months, according to the Ministry of Transport. Source: Business

The cabinet has ordered the State Railway of Thailand (SRT) to quickly design and build a second bridge from Nong Khai province to Laos, to connect to the new China-Laos railway. Source: Business