Showing 1 - 10 of 96
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.
Thailand to ban maize from field-burning countries
Phusadee Arunmas, Published on 19/03/2024
» The cabinet on Tuesday approved a ban on maize imports from areas where farmers burn-off their fields, with enabling legislation to take effect this year.
Government unveils plan to invigorate cross-border trade
Business, Phusadee Arunmas, Published on 02/02/2024
» The government set a goal of reviving cross-border trade including transit trade this year after the value contracted by 2.6% in 2023 from the previous year to 1.7 trillion baht.
How the Red Sea attacks affect shipping
Business, Phusadee Arunmas, Published on 19/01/2024
» Starting from mid-November 2023, the Houthi rebel group based in Yemen and backed by Iran has been conducting numerous attacks on commercial ships in the Red Sea, displaying no indication that they will relent.
Planning unit touts revamp of labour force
Business, Phusadee Arunmas, Published on 30/05/2023
» The decoupling of global supply chains following trade conflicts between the US and China could benefit Thailand in the automotive, electrical appliances, and electronics industries.
Department in fresh push to boost exports
Business, Phusadee Arunmas, Published on 23/09/2022
» The Foreign Trade Department has vowed to apply digital innovations and modern world trade to boost Thailand's export competitiveness over the next 12 months, while enhancing and upgrading foreign trade-related services to facilitate exports.
Border trade projected to increase 7%
Business, Phusadee Arunmas, Published on 03/02/2022
» The government expects cross-border trade to grow by 5-7% to 1.08-1.1 trillion baht this year, driven by the global recovery, economic and demand growth in neighbouring countries, as well as the baht's weakness.
Checkpoint reopenings raise hopes
Business, Phusadee Arunmas, Published on 16/11/2021
» Thailand's cross-border trade prospects received a boost when the Tak Bai and Buketa border checkpoints in Narathiwat were reopened yesterday.
Government optimistic on cross-border prospects
Business, Phusadee Arunmas, Published on 01/10/2021
» The government is more upbeat about the country's cross-border trade prospects this year after overall cross-border trade, including transit trade, recorded healthy growth of 31.2% in the first eight months.
State expedites border checkpoint talks
Business, Phusadee Arunmas, Published on 30/08/2021
» The government pledges to accelerate talks with neighbouring countries to reopen as many border checkpoints as possible to boost cross-border trade, which has experienced robust growth the first seven months.