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BUSINESS

Chinese New Year spending tipped to rise 5%

Business, Kuakul Mornkum, Published on 12/02/2026

» An estimated 54.2 billion baht will circulate during the 2026 Lunar New Year, marking a six-year high and 5% growth from the previous year, according to the Center for Economic and Business Forecasting at the University of the Thai Chamber of Commerce (UTCC).

BUSINESS

Thailand taps into silver workforce

Business, Kuakul Mornkum, Published on 10/11/2025

» Thailand has become an "aged society", where more than 20% of its population is 60 or older. With a shrinking birth rate and a growing elderly population, the country faces challenges in terms of labour and social issues.

BUSINESS

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.