Thailand ups tax benefits to boost investment projects

Bangkok

THAILAND on Tuesday approved more tax incentives to accelerate private investment this year and next, the finance minister said, as the military government tries to get a sluggish economy back on track.

The army seized power in May 2014 to end months of political unrest but has struggled to revive Southeast Asia's second-largest economy, with exports and domestic demand weak. The junta has focused on driving investment.