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GENERAL

Cheap imports levied VAT from July

Business, Wichit Chantanusornsiri, Published on 22/06/2024

» The Royal Gazette has announced the Finance Ministry will begin collecting value-added tax (VAT) on all imported goods, including those priced below 1,500 baht, effective from July 5.

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GENERAL

Khon Kaen Sugar Industry Plc forecasts sugar price edging lower this year

Business, Lamonphet Apisitniran, Published on 21/06/2024

» Global sugar prices are expected to stand at US$0.22-23 per pound in 2024, only slightly lower than a range of 25-26 cents per pound in the first half of this year, which was the highest rate recorded in 12 years, according to Thai sugar producer Khon Kaen Sugar Industry Plc (KSL).

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GENERAL

Brokerage calls for speedy reintroduction of LTF

Business, Nuntawun Polkuamdee, Published on 21/06/2024

» Asia Plus Securities (ASPS) is calling on the Finance Ministry to speed up the unveiling of a rejigged long-term equity fund (LTF) to revive the Thai stock market, which is struggling with shrinking investor confidence partly attributed to recent political uncertainties.

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GENERAL

EGG Digital rolls out latest deep analytics solution

Business, Komsan Tortermvasana, Published on 21/06/2024

» EGG Digital, a leading big data analytics and digital marketing consultancy, has launched its latest deep analytics solution to equip Thai businesses with a strategic marketing tool for planning, ensuring greater precision and effectiveness.

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GENERAL

Lampang carriages lack giddy up and go

Business, Narumon Kasemsuk, Published on 20/06/2024

» The iconic horse-drawn carriage of Lampang could soon face extinction as tourism revenue in the province is too weak to entice new generations to inherit the business, according to the Tourism Council of Lampang.

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GENERAL

A closer look at the new energy plan

Business, Yuthana Praiwan, Published on 20/06/2024

» The revised version of the power development plan (PDP), which went through a week-long public hearing ending on June 19, is ready to be forwarded for approval by energy authorities, who expect to implement the plan within this year.

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GENERAL

Centara adds two experienced professionals to executive team

Business, Published on 20/06/2024

» Thailand's leading hotel operator Centara Hotels & Resorts has announced the addition of two experienced hospitality professionals to its executive team.

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Full belly, happy traveller

Business, Molpasorn Shoowong, Published on 17/06/2024

» From jasmine rice to Pad Thai noodles and spicy tom yum soups, Thailand is renowned for its robust agricultural and food products, making it a major exporter worldwide.

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Developing a strategy resilient to risk

Business, Wichit Chantanusornsiri, Published on 15/06/2024

» The original description of an economic cycle estimated it lasted for roughly a decade and included one crisis per cycle. Given recent severe global volatility, this definition no longer holds true.

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TAT bullish on casino investment

Business, Published on 15/06/2024

» Thailand stands a good chance of attracting investments in entertainment complexes as MGM China Holdings is looking for new overseas investments, according to the Tourism Authority of Thailand (TAT).