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Search Result for “3.5 billion baht”

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THAILAND

VAT mulled for firms with less revenue

News, Wichit Chantanusornsiri, Published on 02/05/2025

» Finance Minister Pichai Chunhavajira on Thursday floated an idea of collecting value-added tax (VAT) from businesses with an annual income below 1.8 million baht to boost state income and reduce budget deficits.

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GENERAL

Supply glut hits petrochemicals

Business, Published on 02/05/2025

» This year is likely to be another tough one for downstream petrochemical businesses, which serve various industries ranging from automotive and textiles to medical equipment and toys.

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GENERAL

Jorakay eyes 10% growth as overseas sales boom

Business, Kanana Katharangsiporn, Published on 01/05/2025

» Jorakay Corporation, a manufacturer of tile adhesive, grouting products and construction chemicals, is targeting 10% sales growth this year as its key export markets in Southeast Asia remain unaffected by US tariffs.

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GENERAL

Moody's downgrade sends a signal

Business, Published on 01/05/2025

» Thailand must accelerate its economic growth potential to 3-4% to avoid a downgrade in its sovereign credit rating, say analysts.

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GENERAL

Minimal impact from Moody's revision foreseen

Business, Wichit Chantanusornsiri, Published on 01/05/2025

» Moody's downgrade of Thailand's outlook from stable to negative is unlikely to affect the country's financial or capital markets, says the chief of the Public Debt Management Office (PDMO).

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OPINION

Trump's tariff trade war is no accident

Oped, Chartchai Parasuk, Published on 01/05/2025

» President Donald Trump's tariff policy has received numerous criticisms from various parties, including several Nobel Prize laureates, for being against the economic principles of free trade.

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GENERAL

Bank of Thailand cuts rate as tariff ‘storm’ darkens outlook

Published on 30/04/2025

» The Bank of Thailand cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday, in a move to support an underperforming economy facing uncertainty over steep US tariffs.

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GENERAL

Phuket airport maintains robust traffic

Business, Molpasorn Shoowong, Published on 30/04/2025

» While Chinese passengers dropped by roughly a third at Phuket airport, traffic remained robust from other countries such as Russia and Turkey, which should help the airport secure 18 million passengers this year.

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GENERAL

Labourers' debt soars, but repayments fall

Business, Phusadee Arunmas, Published on 30/04/2025

» Labourers in Thailand are enjoying lower debt repayments this year even though their overall debt levels have risen substantially, according to a survey by the University of the Thai Chamber of Commerce (UTCC).

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GENERAL

KTC banking on new IT loan initiative

Business, Somruedi Banchongduang, Published on 30/04/2025

» Krungthai Card (KTC), a leading credit card provider under Krungthai Bank (KTB), has initiated a loan scheme aimed at acquiring new customers interested in IT products and electronics, while maintaining asset quality amid a fragile economic environment.