Transport Minister Arkom Termpitthayapaisith said that the ministry will spend Bt26 billion of the budget in developing logistics in the lower northern region, including a rail and road system.

Meanwhile, the Cabinet in its mobile meeting in Nakhon Sawan province yesterday, also approved a new bill on the National Economic and Social Development Board (NESDB) which will be used as a tool to change and upgrade NESDB&rsquo;s work implementation, said Kobsak Pootrakul, Minister to the Prime Minister&rsquo;s Office.&nbsp;

NOD TO BIOTECH HUB

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Nongluck is a senior economic journalist covering the macroeconomics, real estate, and corporate investment strategies driving growth across Thailand and Southeast Asia.

NOD TO BIOTECH HUB

The Cabinet yesterday approved a Bt40-billion budget to set up a biotech hub in Nakhon Sawan province and the construction of a new rail route from Tak to Nakhon Phanom.

IMF economist warns on October 12 of financial repression risks to savers

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Thailand and Switzerland agree to boost trade and climate cooperation