Finance Ministry to review Thai Tiew Thai Plus, rooftop solar

10 Sept 00:49 Key points summarised by AI

The Finance Ministry is reviewing conditions for spending 20 billion baht remaining from a public borrowing tranche, aimed at boosting tourism and promoting the transition away from fossil fuels.
The 'Thai Tiew Thai Plus' tourism program faces revisions, with proposals to shift subsidies from hotel room discounts to food and shopping to prevent exploitation and address issues like shop non-participation and cash demands.
The household rooftop solar program is slated for reduction, including a cut in the target number of households (from 1 million) and a proposed decrease in installation subsidies from 50,000 baht to 30,000 baht, based on cost-effectiveness for higher electricity bill payers.

Thailand’s FDI reaches Bt271bn as high-tech projects expand

Yesterday 10:54 Key points summarised by AI

Thailand's foreign direct investment (FDI) surged by 26% year-on-year to Bt271 billion across 971 projects in the first nine months, with a significant portion (494 projects) driven by high-tech industries.
Growth was spearheaded by sectors like digital technology, AI, electric vehicles, and clean energy, largely concentrated in the Eastern Economic Corridor (EEC), with China, the US, Singapore, Japan, and Hong Kong as the top five investment sources.