Duty-free deal ‘not AoT’s call’ : Airport agency at odds with Sepo over rights . The State Enterprise Policy Office (Sepo) has said the Public-Private Partnership (PPP), committee, instead of Airports of Thailand (AoT), must have the final say on whether the concession for duty-free operations at four major airports comes under the PPP law. Bangkok Post
NCPO legacy will compromise human rights policies: analysts : Ensuring human rights protection and social justice will remain a big challenge for the next democratic administration due to the 20-year national strategy created by the National Council for Peace and Order (NCPO) and its other legacies in the form of the Constitution and laws, analysts warn. The Nation
BOI nods to Bt2.28 trillion investments : EEC gets 54 per cent of approved projects for four years, targeted industries take lion’s share . The Board of Investment (BOI) has approved investment proposals by both Thai and foreign firms of about Bt2.28 trillion for four years, with 54 per cent of them targeting the Eastern Economic Corridor (EEC). The Nation
Honda objects to Eco EV tech standards : Honda Automobile Thailand has joined the chorus opposing the government’s Eco EV programme, saying the simple and cheap EV technology the government is recommending is not suitable for the Japanese car maker’s vehicles. Bangkok Post
No post-election obstacles seen for EEC : While several parties contesting Sunday’s election have pledged to review the junta’s flagship Eastern Economic Corridor (EEC) development scheme, experts said yesterday that most infrastructure projects will continue regardless of which political parties form the post-election government. The Nation
BoT tempers GDP outlook : Policy rate unchanged as export demand dwindles . The Bank of Thailand is less optimistic about the country’s economic outlook, trimming its 2019 growth forecast to 3.8% from 4% amid sluggish export demand and keeping the policy rate unchanged as widely expected. Bangkok Post
Sagging exports sap growth : Scaled-back forecast for expansion in overseas shipments sees central bank cut economic growth estimate to 3.8%. A projected slump in export growth has prompted the Bank of Thailand (BOT) to cut its forecast for the country’s economic expansion this year to 3.8 per cent, from an earlier estimate of 4 per cent. The Nation
Tariffs escalation to shave $1tn from US GDP in 10 years : An escalation of US-China bilateral tariffs will shave off $1 trillion (Bt32 trillion) from the US economy in a decade and inflict a particular damage on the information and communications technology (ICT) sector, according to a recent study released by the US Chamber of Commerce. The Nation
February exports beat contraction : Arms shipment helps snap losing streak . Customs-cleared exports rebounded in February after a three-month contraction, but the increase was largely due to a one-time shipment of arms for military drills and the transport of oil-related products and gold. Bangkok Post
CP seeks to follow up rail success with U-Tapao, aviation city bids : Charoen Pokphand Group (CP Group), along with BBS Joint Venture and Grande consortium,submitted bids yesterday for the U-Tapao airport and Eastern Aviation City development projects worth Bt290 billion. The Nation
