Try GOLD - Free
State firms warned of reform ahead of OECD membership
Bangkok Post
|July 17, 2025
Thailand's state enterprises are being told to prepare for alignment with the Organisation for Economic Cooperation and Development's (OECD) standards, particularly in the area of fair competition.
According to a source from the Finance Ministry who requested anonymity, Thailand is in the process of preparing agreements to join the OECD, and government agencies as well as state enterprises will need to adapt to various OECD standards.
Regarding the country's state enterprises, the State Enterprise Policy Office (Sepo) is now in the process of preparing agreements in accordance with OECD standards, including fair bidding practices using market prices. In some cases, where a subsidiary of a state enterprise bids to provide services to its parent company, it must use market-based pricing to ensure fair competition.
This story is from the July 17, 2025 edition of Bangkok Post.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Bangkok Post
Bangkok Post
WHERE THE STRUGGLE BEGINS
Palestine 36 is one of the most talked-about films at the Tokyo International Film Festival
5 mins
November 04, 2025
Bangkok Post
Regional banks struggle with personalisation
FICO survey reveals 'segment of one' customer experiences are a challenge
1 mins
November 04, 2025
Bangkok Post
Bills outlast Chiefs, Colts fall to Steelers
Josh Allen ran for two touchdowns and threw for another to spark the Buffalo Bills over Kansas City 28-21 on Sunday while the NFLbest Indianapolis Colts were upset at Pittsburgh.
2 mins
November 04, 2025
Bangkok Post
Bayern face acid test at rolling PSG
Bayern Munich's trip to holders Paris Saint-Germain in the Champions League tonight is a test to determine where they stand among the European elite this season.
2 mins
November 04, 2025
Bangkok Post
Pine Wealth touts lure of alternative investments
Pine Wealth Solutions Securities is highlighting alternative investments such as structured products as the next major investment trend, suggesting this is a strategically suitable move to help investors weather increasing volatility and stretched valuations in global markets.
1 mins
November 04, 2025
Bangkok Post
Raids 'not to harm SMEs'
The Public Health Ministry insisted last week's raids on four unauthorised sites producing Hong Thai inhalers were not intended to undermine smalland medium-sized enterprises, saying the operation was based on public health concerns.
1 min
November 04, 2025
Bangkok Post
Luxury condos experience growth as Bangkok demand surges
Despite the global economic slowdown, Bangkok's ultra-luxury condo market continues to grow, fuelled by sustained demand from Thailand's wealthy elite and foreign investors, according to property consultancy Colliers Thailand.
2 mins
November 04, 2025
Bangkok Post
ExxonMobil: EU law could cause exit from Europe
US energy giant ExxonMobil will not be able to continue doing business in the European Union if the bloc does not significantly loosen a sustainability law that would penalise companies with fines of 5% of global revenue, Chief Executive Darren Woods said yesterday.
1 mins
November 04, 2025
Bangkok Post
Dept monitors polio outbreak in Laos
The government is closely monitoring an outbreak of a rare strain of polio in Savannakhet province, Laos, in an effort to prevent cross-border transmission into the country through border provinces in the Northeast.
1 min
November 04, 2025
Bangkok Post
Milan deny Roma top spot in Italy
Strahinja Pavlovic scored the only goal as AC Milan edged Roma 1-0 to prevent the capital club from taking top spot in Serie A on Sunday, while Inter Milan needed a late own goal to beat Verona.
2 mins
November 04, 2025
Listen
Translate
Change font size