Tobacco Authority and Private Players Pushing for Commercialization of Cannabis and Hemp
According to the governor of the Tobacco Authority of Thailand (TOAT), the business value of cannabis and hemp could reach THB 10 billion ten (USD 315 million), which can compensate the state-held TOAT for a decline in tobacco income stemming from a decline in...
Thailand and UK to Form Joint Trade Committee on Commerce and Economic Cooperation
Thailand and the United Kingdom are planning to sign a memorandum of understanding (MoU) to set up a Joint Trade Committee on Commerce and Economic Cooperation. According to Auramon Supthaweethum, director-general of the Trade Negotiations Department, “the MoU will...
Thai Airways Plans to Buy 20 to 30 Aircraft by 2025
Thailand’s flag carrier Thai Airways is reportedly looking to acquire from 20 to 30 new aircraft by 2025 to facilitate future air travel needs once the Covid-19 crisis is under control. The estimated cost of the 30 planes could be up to THB 100 billion (approximately...