State projects set to boost 2022 construction income

Published by
The Bangkok Post

The domestic construction market is expected to grow by 6% to 850 billion baht next year, due to state infrastructure development projects and better economic prospects thanks to the speedy rollout of Covid-19 vaccinations, says Civil Engineering Plc. In addition to the government’s investments and its ongoing efforts to inoculate the population, the reopening of the country since Nov 1 is also seen as a positive factor. The construction sector has the potential to grow because the government is boosting the domestic economy through new infrastructure development projects in many areas, said C… Read more about State projects set to boost 2022 construction income

Doing his duty

Published by
The Bangkok Post

In May 2014, artist Surajate Tongchua was in a bank to pay his bills when the military launched a coup. The artist felt numb realising that the country would be ruled by a military dictatorship again, so he decided to collect receipts from that day to document the negative effect of the coup. He believed his payments for VAT at the rate of 7% were used to support the junta government. After collecting his and his family members’ receipts for several years, Surajate started developing his art collection “Priceless” in 2017, which is on view at the new art gallery Manycuts Artspace Ari. “I did n… Read more about Doing his duty

Sizzler eyes expansion, marketing push

Published by
The Bangkok Post

SLRT, the operator of Sizzler in Thailand, plans to spend 500-600 million baht to expand its business over the next three years, starting from 2022. Of the total budget, 150-225 million baht will be spent on opening 3-5 new stores each year between 2022-2024, compared to only 1-2 new restaurants a year being opened during the pre-pandemic years. The remaining 350-375 million baht will be used to renovate 6-9 existing stores and boost its marketing budget to promote the business, according to Nongchanok Stananonth, the company’s assistant vice-president for marketing. With the three-year busine… Read more about Sizzler eyes expansion, marketing push

Posted in: General

Government must gird for new Covid variants

Published by
The Bangkok Post

The government is revving up urgent plans to cope with the new Covid-19 variants and vows to go ahead next year with plans to strengthen exports, accelerate investment and retain employment. According to Danucha Pichayanan, secretary-general of the National Economic and Social Development Council (NESDC), related agencies had discussed online urgent plans to cope with the new Covid-19 variant, Omicron, if it hits Thailand. “Omicron variant may pose a potential challenge to economic prospects next year if it spreads into Thailand and the infections become widespread and serious,” said Mr Danuch… Read more about Government must gird for new Covid variants

Posted in: General

Line TV closes citing intense competition, rising costs

Published by
The Bangkok Post

Line Thailand closed down its operation of Line TV after eight years amid intense competition of streaming services and the high cost of content licences. “Regarding the change of business direction, Line Thailand would like to inform our beloved media partner that Line TV service will be discontinued on December 31, 2021,” a media statement said. “Throughout December, Line TV will continue to provide users special content, including popular programmes that have won the highest votes in the past. “Thus, all management and every team member would like to take this opportunity to express our sin… Read more about Line TV closes citing intense competition, rising costs

Posted in: General

Arkhom vows to create jobs

Published by
The Bangkok Post

Arkhom vows to create jobs Finance minister eyes income-raising drive The government will introduce measures aimed at generating jobs and boosting income early next year, Finance Minister Arkhom Termpittayapaisith said yesterday. He said the Covid-19 pandemic outbreak has cost people their income, but added that the situation is improving following the reopening of the country. This has spurred more travel, which could bring back jobs, especially in the tourism sector. The export sector is expected to expand 17% this year, which will also add income to the business sector, Mr Arkhom added. The… Read more about Arkhom vows to create jobs

Posted in: General