The Industry and Finance ministries are using a new corporate income tax reduction programme to encourage businesses to use more biodegradable plastic products, in a move to reduce waste.
Bookings for 5,800 electric vehicles (EVs) at the Thailand International Motor Expo are providing fuel for the government's ongoing efforts to develop the domestic EV industry.
Thailand's Manufacturing Production Index (MPI) increased by 14.5% year-on-year to 99.28 points in August, and rose by 3.71% from July, thanks to export growth and the reopening of the country.
The Industry Ministry remains positive about manufacturing, expecting the manufacturing production index (MPI) to keep increasing in the second half of this year after the indicator fell slightly in June by 0.08% year-on-year to 98.05 points.
The weaker baht is expected to boost the Thai economy and increase real GDP by 0.4%, but not all manufacturers will reap the benefits, says the Industry Ministry.