Showing 1 - 10 of 13
New land appraisal prices to have limited impact
Business, Wichit Chantanusornsiri, Published on 21/01/2026
» A new round of land appraisal prices to be effective in 2027 is expected to increase land prices along mass transit lines in Bangkok and surrounding areas by no more than 10%, attributed to the ongoing economic slowdown.
Premier calls for capacity upgrade
Business, Wichit Chantanusornsiri, Published on 19/02/2025
» Prime Minister Paetongtarn Shinawatra has directed three economic ministries to develop strategies to revitalise the country's capacity utilisation, which has slumped despite an increase in industrial investment and exports.
TDRI sounds alarm on excess stimulus
Business, Wichit Chantanusornsiri, Published on 17/02/2025
» The Thailand Development Research Institute (TDRI) has warned that excessive government stimulus beyond the GDP potential could trigger a wage-price spiral, which may lead to a future economic crisis.
Inbound duty-free shops to be closed
Wichit Chantanusornsiri, Published on 02/07/2024
» The cabinet says duty-free shops in arrivals areas of international airports will be closed to encourage more spending by visitors in domestic stores, with projections for up to 3.5 billion baht a year of new local retail spending.
State Enterprise Policy Office announces 4 PPP megaprojects
Business, Wichit Chantanusornsiri, Published on 24/02/2021
» Four mega-infrastructure development projects, worth a combined 160 billion baht, will be developed this year under the public-private partnership (PPP) arrangement, says the State Enterprise Policy Office (Sepo).
Ministry sees four-year test for tourism sector
Business, Wichit Chantanusornsiri, Published on 03/12/2020
» The tourism industry, which accounts for 12% of Thailand's GDP, is expected to take at least four years to recover to the pre-pandemic levels, says the Finance Ministry.
Treasury allots B4bn for medical hub
Business, Wichit Chantanusornsiri, Published on 20/10/2020
» The Treasury Department together with the Public Health Ministry has vowed to splurge as much as 4 billion baht to develop and convert Phuket's medical tourism industry into a world-class medical and wellness tourist destination.
BAAC allots B100bn for smart farms
Business, Wichit Chantanusornsiri, Published on 12/11/2019
» The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) aims to lend 100 billion baht in the next two years to expand the smart farmer model to 4,500 communities nationwide, its chief says.
VAT refund for tourists hiked to B30,000
Business, Wichit Chantanusornsiri, Published on 18/10/2019
» The Revenue Department is set to raise the ceiling for value-added tax (VAT) refunds for tourists at downtown agents to 30,000 baht per traveller from 12,000 baht at present.
Decision soon on PPP duty-free issue
Business, Wichit Chantanusornsiri, Published on 17/04/2019
» A legal subcommittee under the Public-Private Partnership (PPP) committee is expected to decide whether the bidding process for the duty-free shop concession falls under the newly amended PPP Act by the end of this month.