Showing 61 - 70 of 3,985
Diesel subsidy possible if excise tax cut ends
Yuthana Praiwan, Published on 18/04/2024
» The Oil Fuel Fund Office (Offo) says it will continue to subsidise retail diesel prices if the government decides to end the diesel excise tax cut.
Aviation bodies see recovery in passenger figures by 2025
Business, Molpasorn Shoowong, Published on 18/04/2024
» Aviation bodies project Thailand's passenger numbers to recover by next year, though economic uncertainties and the slow rebound of some supply chains still hamper the industry.
Department promotes promising stars in lacklustre year
Business, Wichit Chantanusornsiri, Published on 18/04/2024
» The Revenue Department says there are significant challenges this year achieving tax collection targets because of the slowdown in economic activities, although it has identified five sectors that show promise.
Ducati to use Thailand as an export hub
Lamonphet Apisitniran, Published on 17/04/2024
» Italian big bike manufacturer Ducati Motor Holding aims to make Thailand one of its export hubs after opening a new factory in Rayong, its first production facility in Asia.
Confidence index underwhelms in first quarter
Business, Molpasorn Shoowong, Published on 12/04/2024
» The tourism confidence index for the first quarter is lower than normal, according to the Tourism Council of Thailand (TCT), attributed to lower revenue for tourism operators and deflation risks.
March investor confidence stays virtually unchanged
Business, Nuntawun Polkuamdee, Published on 11/04/2024
» The Federation of Thai Capital Market Organizations' (Fetco) Investor Confidence Index (ICI) remained in the neutral zone in March as the market expects more economic stimulus, while fund outflows continued and delays to the US Federal Reserve's interest rate cuts undermined sentiment.
Bank of Thailand maintains policy rate at 2.5%
Business, Published on 11/04/2024
» The Bank of Thailand has resisted government pleas for a reduction of the policy rate, deciding on Wednesday to keep the rate unchanged at 2.5% for a third straight meeting, noting the Thai economy is sustaining its growth trajectory and surpassing the level of 2023.
Consumer confidence slips for first time in 8 months
Business, Phusadee Arunmas, Published on 11/04/2024
» Consumer confidence fell for the first time in eight months in March, attributed to a slow economic recovery and higher living costs, according to a survey by the University of the Thai Chamber of Commerce (UTCC).
Chinese travellers spend big to mark Ching Ming
South China Morning Post, Published on 09/04/2024
» HONG KONG - Domestic travel and spending in China during last week's extended Ching Ming Festival rose by more than 10% from pre-pandemic levels, with consumption continuing to be a major driver of economic recovery.
Construction boom to drive machinery sales
Business, Lamonphet Apisitniran, Published on 09/04/2024
» Heavy machinery sales are expected to rise by 5% this year, driven by the growth of the construction sector, according to the latest estimate by Chinese manufacturer LiuGong Machinery.