Showing 1 - 10 of 3,424
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.
The Trump tariff turning point
Business, Published on 29/04/2025
» The year 2025 has ushered in a stark reminder of the interconnectedness of the global economy, with the resurgence of US-led trade protectionism sending ripples across markets worldwide.
Thailand to navigate a shifting world
Oped, Kavi Chongkittavorn, Published on 29/04/2025
» The Thai negotiating delegation's failure to meet with their American counterparts last week in Washington, DC, confirmed that Thailand is a low-priority country for the US. That should be a wake-up call for the Paetongtarn government -- the relationship between Thailand and the US is no longer what it used to be.
Korea urged to invest in next-generation industries
Poramet Tangsathaporn, Published on 28/04/2025
» SEOUL: Thailand is ramping up efforts to attract South Korean investment in next-generation industries, highlighting its strengths in infrastructure, financial services and economic stability.
A perilous era of absolute advantage
News, Thitinan Pongsudhirak, Published on 25/04/2025
» If a date had to be pinpointed, the post-Second World War international system came to an unmistakable end on April 2 -- the so-called "Liberation Day" -- when US President Donald Trump announced comprehensive "reciprocal" tariffs to a bewildered global audience. The blatantly protectionist move was equivalent to the United States' abrogation and abandonment of the rules-based international order that it ironically and instrumentally constructed and upheld over nearly eight decades. What comes now is a dangerous era of absolute advantage in global trade, investment, and finance, bent on unilateralism over multilateralism, competition over cooperation, nationalism over interdependence, and the singular quest to dominate and reshape the global pecking order under the rubric of making America "great again".
How might China manage Trump's tariff war?
Oped, Published on 24/04/2025
» China has taken a tough stance against US President Donald Trump, matching the last two rounds of US tariffs with tariffs of its own. The US tariff on goods from China is now 145%, while China's is 125%. Why does China take such a position, and are there any off-ramps that would allow it to mitigate the costs of a prolonged trade war?
Can Thailand survive Trade War 2.0?
Oped, Published on 23/04/2025
» As the trade war is now being waged globally, Thailand needs to cope with the emerging impacts while trying to minimise the risks and grasp the arising opportunities. It is therefore important to understand both the upcoming headwinds and tailwinds for the Thai economy and businesses in Thailand.
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.
'We really need to talk'
Business, Post Reporters, Published on 21/04/2025
» With trade tensions exacerbated by the US's reciprocal tariffs, key business sectors are calling on the Thai government to prioritise negotiations with Washington during the 90-day pause, as the nation is expected to be one of the hardest hit from the tariff rate of 36%, which is significantly higher than the regional and global average.