Showing 1 - 10 of 51
Ministry tasked with turning the tide
Business, Phusadee Arunmas, Published on 14/08/2024
» Prime Minister Srettha Thavisin has directed Commerce Minister Phumtham Wechayachai to expedite measures this month to address the influx of Chinese goods into Thailand.
Low-quality imports in the crosshairs
Business, Phusadee Arunmas, Published on 09/08/2024
» The Commerce Ministry has joined forces with 10 government agencies to establish measures to reduce the volume of low-priced, substandard imported goods, noting that they pose a safety risk to consumers buying from both online and offline vendors.
Commerce Ministry waives rent for small vendors
Phusadee Arunmas, Published on 05/08/2024
» The Commerce Ministry has begun to stop collecting rent from food and market stalls including commercial markets operated by government-run agencies for a period of three months throughout the country prior to the implementation of the digital wallet scheme.
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.
Consumer confidence still rising
Business, Phusadee Arunmas, Published on 08/03/2024
» Thai consumer confidence rose in February, reaching its highest level in 48 months as government stimulus measures and a rebound in tourism revitalised economic activities, according to a survey released yesterday.
PM piles pressure on BoT
News, Phusadee Arunmas, Published on 07/02/2024
» The Bank of Thailand's (BoT) monetary policy committee (MPC) has come under pressure today following Prime Minister Srettha Thavisin's public call for a 25 basis point rate cut.
Inflation dips again for second month
Business, Phusadee Arunmas, Published on 08/12/2023
» Headline inflation declined for a second consecutive month in November, reaching its lowest level in 33 months, largely attributed to lower energy prices, particularly for diesel and gasohol 91 following the government's provision of support measures.
Headline inflation declines
Business, Phusadee Arunmas, Published on 07/11/2023
» Headline inflation declined for the first time in 25 months in October, largely attributed to lower energy prices and several government support measures.
Demystifying sticky Thai goods prices
Business, Phusadee Arunmas, Published on 01/03/2023
» Thailand may be unique in handling the domestic prices of products and services. Whenever manufacturers and business operators shoulder higher production costs and ask state units for permission to raise their prices, the Internal Trade Department always rushes to call a joint meeting with them.
New stimulus planned in effort to keep recovery rolling
Business, Phusadee Arunmas, Published on 19/10/2022
» The government is planning to roll out a number of measures as "New Year gifts" at the end of the year, including an extension of the "Khon La Khrueng" co-payment scheme and the "Shop Dee Mee Khuen" tax rebate scheme.