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GENERAL

Drive to reopen border checkpoints with Laos

Business, Phusadee Arunmas, Published on 04/04/2024

» Thailand is holding talks with Laos to expedite the reopening of border checkpoints to facilitate border trade and tourism between the two countries.

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GENERAL

Thai business registrations rise, including burgeoning spiritual belief sector

Business, Phusadee Arunmas, Published on 03/04/2024

» The number of newly registered businesses grew in the first quarter of this year, with enterprises in the burgeoning spiritual belief sector generating economic value of 15 billion baht.

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GENERAL

All imported goods now face VAT

Business, Phusadee Arunmas, Published on 03/04/2024

» Following a mandate from Prime Minister Srettha Thavisin, the government looks set to impose a 7% value-added tax (VAT) on imported goods valued from one baht up, commencing in May.

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THAILAND

Handout cash not on agenda yet, says PM

News, Phusadee Arunmas, Published on 03/04/2024

» The cabinet's weekly meeting on Tuesday did not touch on a new source of money to finance the digital wallet scheme which may involve tapping into next fiscal year's budget.

GENERAL

Thailand, UK upgrade economic ties

Business, Phusadee Arunmas, Published on 02/04/2024

» Thailand and the UK have announced the elevation of economic, trade and investment relations to a strategic partnership, serving as a foundation for the development of a free trade agreement (FTA) in the future.

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GENERAL

TAT plans to upgrade second-tier areas

Business, Phusadee Arunmas, Published on 01/04/2024

» The Tourism Authority of Thailand (TAT) wants to increase tourism in second-tier areas by improving small hotels and promoting electric vehicle (EV) travel as oil prices surge.

GENERAL

Trade pact with Sri Lanka

Business, Phusadee Arunmas, Published on 30/03/2024

» The Thai-Sri Lankan free trade agreement (FTA) was approved by the Thai parliament yesterday and now awaits ratification by both sides.

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GENERAL

Thai-Korean trade talks to start soon

Business, Phusadee Arunmas, Published on 29/03/2024

» Thailand plans to hold talks on a free trade agreement (FTA) with South Korea in the middle of this year, with negotiations expected to be concluded by the end of 2025 or early 2026.

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GENERAL

State expedites Thai-European Free Trade Association talks

Business, Phusadee Arunmas, Published on 28/03/2024

» The government is expediting Thai-European Free Trade Association (Efta) negotiations, with expections they will be concluded within this year.

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GENERAL

Ministry seeks to boost SME funding

Business, Phusadee Arunmas, Published on 28/03/2024

» The Commerce Ministry is pushing small and medium-sized enterprises (SMEs) to take advantage of the Secured Transaction Act by using assets with economic value such as machinery, high-value trees and intellectual property as collateral to secure loans.