The Latest Breaking News from Supattanapong Punmeechaow

The government is reportedly backing down from its plan to allow wealthy foreigners to purchase up to one rai of land for residential purposes in return for investments, after the proposal drew fierce criticism.

Thailand's economy should not succumb to the global economic slowdown projected for next year, but rather continue its recovery propelled by new infrastructure development and increasing digital know-how among people, says Deputy Prime Minister Supattanapong Punmeechaow.

Infrastructure development will carry Thailand through economic recession next year as many projects start to operate and more are still in the pipeline, Deputy Prime Minister Supattanapong Punmeechaow said on Thursday.

Mr. Supattanapong Punmeechaow, deputy prime minister of Thailand, Mr. Narit Therdsteerasukdi, secretary general of the Thailand Board of Investment and other senior Thai officials and executives attended in Bangkok on 18 October 2022, the announcement by Amazon Web Services (AWS), an Amazon.com, Inc. company, of plans to open an Infrastructure…

The government is planning to roll out a number of measures as "New Year gifts" at the end of the year, including an extension of the "Khon La Khrueng" co-payment scheme and the "Shop Dee Mee Khuen" tax rebate scheme.

A plan by Amazon Web Services (AWS) to invest US$5 billion (around 190 billion baht) in Thailand over the next 15 years underscores the country's significance as a regional hub for digital data, says Deputy Prime Minister Supattanapong Punmeechaow.

Global tech powerhouse Huawei Technologies is sharpening its focus on strengthening its partnership ecosystem for growth by launching a "Go Cloud, Go Global" plan to work with partners across industries to capitalise on its cloud power to push for digital solutions and capacity building.

Talks on the overlapping claim area (OCA) between Thailand and Cambodia to jointly benefit from the petroleum business there are expected to resume, part of efforts to decrease dependence on expensive liquefied natural gas (LNG) imports, said deputy Prime Minister Supattanapong Punmeechaow.

The recent move of Thailand and Cambodia in agreeing to reopen talks on an overlapping claims area (OCA) in the Gulf of Thailand is a good sign for the energy security of both countries amid the global energy crisis.

The cabinet on Tuesday approved extensions of both the diesel tax cut for two more months and the electricity bill subsidy until December, in an attempt to mitigate the impact of high energy prices.

Thailand will hold talks with Cambodia over a 26,000 sq km overlapping claims area (OCA) estimated to hold up to 500 million barrels of oil and gas deposits under the seafloor.