Showing 1 - 10 of 88
Seeking new engines of growth
Wichit Chantanusornsiri, Published on 22/07/2024
» About 40 years ago, natural gas was discovered in the Gulf of Thailand, creating excitement across the country. This period marked the dawn of Thailand's golden era. Following this discovery, the Eastern Seaboard Development Project was initiated to develop the eastern coastal region. Foreign investment poured in, enabling the economy to expand at a double-digit rate while raising hopes that Thailand would become Asia's fifth tiger.
Agencies deem Eastern Corridor crucial for Thai industry
Business, Wichit Chantanusornsiri, Published on 01/07/2024
» Credit rating agencies are emphasising the importance of the government's flagship Eastern Economic Corridor (EEC) project, which is crucial for advancing Thailand's industrial sector and enhancing competitiveness, according to the Public Debt Management Office (PDMO).
How VAT on cheap imported goods adds up
Business, Wichit Chantanusornsiri, Published on 02/05/2024
» Thailand has embraced the digital economy, with trade on foreign online platforms increasing rapidly, disrupting domestic entrepreneurs.
Senator eager to improve casino plan
Business, Wichit Chantanusornsiri, Published on 01/04/2024
» With the resurgence of interest in legalising casinos to bolster economic growth as the digital wallet and Land Bridge policies remain on hold, the government is being urged to reassess the details of a proposed casino and entertainment complex.
Exploring the effort to axe duty-free stores
Business, Wichit Chantanusornsiri, Published on 21/12/2023
» Thailand is a well-known tropical destination with cheaper prices for accommodation, meals, transport and activities than in most Western countries.
Ministry aims to rejig beverage tax
Business, Wichit Chantanusornsiri, Published on 30/11/2023
» The Finance Ministry plans to adjust the beverage tax structure to support tourism and domestic consumption, says permanent finance secretary Lavaron Sangsnit.
Using power wisely
Business, Wichit Chantanusornsiri, Published on 05/06/2023
» A new government is expected to be formed following the general election last month, riding the turbulent winds of geopolitical and technological change, which is likely to cause disruption.
VAT refunds surge after reopening
Business, Wichit Chantanusornsiri, Published on 31/05/2023
» Tourist tax refunds have skyrocketed since Thailand fully reopened in June last year, according to Revenue Department director-general Lavaron Sangsnit.
Santi favours updated railway contract
Business, Wichit Chantanusornsiri, Published on 06/01/2023
» Deputy Finance Minister Santi Promphat supports revising the contract for the high-speed railway linking three airports to take into account the impact from Covid-19 outbreaks on the bid winner, a Charoen Pokphand (CP) Group-led consortium.
State firms told to hit target
Business, Wichit Chantanusornsiri, Published on 23/08/2022
» Finance Minister Arkhom Termpittayapaisith has urged state enterprises to meet the disbursement target this year set at 95% of their total investment budget of 350 billion baht.