Showing 1 - 10 of 19
Border, transit trade increases 10.9% in first 2 months
Business, Wichit Chantanusornsiri, Published on 27/03/2025
» The value of border trade and transit trade in the first two months this year reached nearly 300 billion baht, expanding by 10.9% year-on-year.
Trump effect mixed for Thailand
Business, Wichit Chantanusornsiri, Published on 23/01/2025
» Trump 2.0 policies, referring to strategies utilised by the US president in his second term, are expected to impact products such as computers, equipment and components, electronic devices, rubber products, and agricultural goods.
Budget for digital wallet scheme reduced by B50bn
Business, Wichit Chantanusornsiri, Published on 12/07/2024
» The cost of the government's flagship digital wallet initiative has been scaled down to 450 billion baht from 500 billion, but the Finance Ministry still expects it to have a positive impact on the economy.
Trade upgrade
Business, Wichit Chantanusornsiri, Published on 03/06/2024
» Technological change, once a gentle breeze, is now sweeping through with much greater force, raising concerns about whether these advancements will disrupt Thailand's export sector, which accounted for 54.5% of GDP last year, excluding services.
GSB issues green loans worth B27bn
Business, Wichit Chantanusornsiri, Published on 24/10/2023
» Government Savings Bank (GSB) has issued green loans worth 27 billion baht, ranging from personal loans to business loans, says senior executive vice-president Noppawan Ratanawekin.
VAT reverse charge scheme in the pipeline
Business, Wichit Chantanusornsiri, Published on 18/07/2023
» The Revenue Department is planning to launch a value-added tax (VAT) reverse charge scheme in the scrap metal industry to reduce the risk of refund fraud by January 2024, says director-general Lavaron Sangsnit.
Motion to extend property support measures
Business, Wichit Chantanusornsiri, Published on 12/07/2022
» Finance Minister Arkhom Termpittayapaisith has signalled the possible extension of the property support measures to help spur the recovery of the sector.
State backs makers of devices for elderly
Business, Wichit Chantanusornsiri, Published on 11/07/2022
» The Finance Ministry is seeking ways to reduce the production cost for local manufacturers of medical equipment and devices for the elderly, says Minister Arkhom Termpittayapaisith.
Exim reports insurance claims spike
Business, Wichit Chantanusornsiri, Published on 24/06/2020
» Export-Import Bank of Thailand says insurance claims soared 226% and foreign buyers' delayed payment amount surged 195% in the first five months of 2020, signalling rising default risk in international trade.
Applications for VAT refund agents to open
Business, Wichit Chantanusornsiri, Published on 23/09/2019
» The Revenue Department is set to open applications for permanent downtown value-added tax (VAT) refund agents after satisfactory outcomes during a trial run, with higher sales from VAT-free shops to tourists.