Nationwide crackdown launched on illegal nominee shareholders and land holdings
Government to start building Chainat-Pasak-Gulf water diversion canal next year
Thailand, US set roadmap for new trade pact - Suphajee
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Thailand, US set roadmap for new trade pact - Suphajee
11 Sept 04:50Key points summarised by AI
Thailand and the United States established a joint framework for a reciprocal trade agreement, aiming to finalize talks by the end of the year to foster mutual economic benefit and stable relations.
Thailand commits to significant market liberalization, agreeing to eliminate tariff barriers on approximately 99% of US industrial, food, and agricultural products, while also addressing non-tariff barriers for US goods.
The agreement encompasses modern trade aspects, with Thailand pledging to refrain from discriminatory digital service taxes, ensure free data transfer, uphold high environmental protection standards, and safeguard internationally recognized labor rights.
Government to start building Chainat-Pasak-Gulf water diversion canal next year
Today 14:58Key points summarised by AI
Thailand's government will launch the "Chainat-Pasak-Gulf" water diversion canal project in fiscal year 2027, a seven-year mega-infrastructure initiative.
This permanent structural solution aims to mitigate recurrent central plains flooding by diverting water from the Chao Phraya River directly into the Gulf of Thailand, significantly reducing flow to major cities like Ayutthaya and Bangkok.
Prime Minister Anutin Charnvirakul justifies the long-term investment as a means to reduce future damages and fiscal burdens, contrasting it with the 40-50 billion baht spent annually on short-term flood relief.
Concurrently, the Prime Minister instructed officials to expand drainage capacity into the Tha Chin River and swiftly remove water hyacinths to improve immediate flood management.