Showing 1 - 10 of 421
Retail association touts recovery strategies
Business, Published on 18/07/2025
» The Thai Retailers Association has recommended two strategies to accelerate economic recovery amid the prolonged global economic slowdown and rising uncertainties.
Minister nudges SET to restore public trust
Business, Nuntawun Polkuamdee, Published on 02/07/2025
» The Finance Ministry has tasked the Stock Exchange of Thailand (SET) with restoring investor confidence and outlined four mandates to drive sustainable development of the country's capital market.
Fake invoices used in multi-million-baht VAT refund fraud
Wassayos Ngamkham, Published on 30/06/2025
» The Revenue Department (RD) and the Central Investigation Bureau (CIB) have jointly dismantled a major value-added tax (VAT) fraud ring that allegedly resulted in over 1 billion baht in losses to the state.
Thai ESG X shakes up SET with raft of new funds
Business, Nuntawun Polkuamdee, Published on 19/05/2025
» The Thai ESG Extra (ESG X) funds launched this month are expected to promote the sustainability of Thai listed companies and help revive the Stock Exchange of Thailand (SET).
Government targets tax reform in attempt to boost revenue
Business, Wichit Chantanusornsiri, Published on 13/05/2025
» Tax reform to increase government revenue must be seriously pursued to enhance fiscal strength, says finance permanent secretary Lavaron Sangsnit.
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.
Thailand records 11.84 million foreign visitors
Reuters, Published on 29/04/2025
» Thailand has received 11.84 million foreign tourist arrivals so far this year, up 0.12% from the same period a year earlier, the Ministry of Tourism and Sports reported on Tuesday.
Calls to spur tax-free shopping
Business, Narumon Kasemsuk, Published on 29/04/2025
» With China aggressively ramping up its tax policy by offering a high refund rate of 13% for tax-free shopping in a bid to lure tourist expenditure through more convenient spending, Thai tourism operators warned that the country could lose competitiveness if it reacts too slowly.
Call for new instant VAT refund scheme
Business, Kuakul Mornkum, Published on 22/04/2025
» The Thai Retailers Association (TRA) wants the government to introduce an instant VAT refund scheme for tourists and set up a free-trade-zone sandbox in tourist destinations such as Phuket, with the aim of positioning Thailand as an Asean shopping hub.
Most personal income tax refunds processed
Business, Wichit Chantanusornsiri, Published on 10/04/2025
» The Revenue Department has already fulfilled 83% of personal income tax refund requests, according to the department chief.