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Search Result for “tax”

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GENERAL

Tourism in the doldrums

Business, Post Reporters, Published on 12/05/2025

» The tourism industry posted underwhelming results for the first four months this year as the international market contracted by 0.2% year-on-year.

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GENERAL

Investor confidence still stunted by trade concerns

Business, Published on 12/05/2025

» The investor confidence index (ICI) tallied by the Federation of Thai Capital Market Organizations (Fetco) remained in the bearish zone last month, weighed down by global trade tensions, geopolitical conflicts and the domestic political situation.

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THAILAND

ABOUT POLITICS: A sound bit of advice

Oped, Published on 10/05/2025

» A message has been conveyed by a former finance minister to an aspiring one -- don't be too agreeable with the government when it comes to money matters.

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GENERAL

LNG imports may create hub status

Business, Yuthana Praiwan, Published on 10/05/2025

» The government's plan to import more liquefied natural gas (LNG) from the US could not only ease the trade imbalance between the two countries, but also lead to a new business opportunity.

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GENERAL

Thai billionaire’s Frasers Property posts higher profit on Singapore housing business

Published on 09/05/2025

» Frasers Property Ltd, the developer controlled by Thai billionaire Charoen Sirivadhanabhakdi, reported higher first-half profit as its Singapore residential business made up for a slump in Australia and China, along with higher interest payments. 

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GENERAL

Thailand mulls raft of stimulus measures

Business, Wichit Chantanusornsiri, Published on 09/05/2025

» The new economic stimulus measures currently under review cover exports, tourism, tax base expansion and agricultural development, as well as soft loans to mitigate the impacts of a stagnant economy, says Finance Minister Pichai Chunhavajira.

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GENERAL

Pushback on VAT scheme for Thai SMEs

Business, Published on 09/05/2025

» Even though Finance Minister Pichai Chunhavajira has decided not to impose the value-added tax (VAT) on businesses earning less than 1.8 million baht annually to increase state revenue and reduce the budget deficit, the business community and especially small and medium-sized enterprises (SMEs) are concerned that any expansion of VAT would exacerbate their struggles.

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INVESTMENT

Analysts predict Thai bourse to perform poorly

Business, Nareerat Wiriyapong, Published on 09/05/2025

» Slow progress in US-China and Thailand-US trade talks as well as a sluggish domestic economy are likely to stall the Stock Exchange of Thailand (SET) this month, despite an expected lift from the introduction of Thai ESG Extra (ESGX) funds, say analysts.

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GENERAL

AirAsia flights to China face cuts amid sluggish demand

Business, Narumon Kasemsuk, Published on 09/05/2025

» AirAsia is considering reducing flights from Thailand to China by at least 15% to cope with the Chinese market slowdown, while it encourages the Thai government to maximise tax refund privileges for tourists to urgently stimulate spending.

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GENERAL

FTI sounds alarm on levy proposal

Business, Lamonphet Apisitniran, Published on 09/05/2025

» The Federation of Thai Industries (FTI) has warned the government that its controversial idea to impose value-added tax (VAT) on businesses earning less than 1.8 million baht a year could lead to more struggles at a time of economic uncertainties.