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Search Result for “cash rebate scheme”

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BUSINESS

Tourism's 2-speed economy

Business, Narumon Kasemsuk, Published on 18/02/2026

» Tourism is a key industry for Thailand, but over the past decade it has faced a critical challenge: income disparity, with a sharp divide between a handful of major destinations and second-tier locations.

BUSINESS

Phuket up in arms on long‑stay visa

Business, Molpasorn Shoowong, Published on 18/02/2026

» Phuket tourism operators oppose the government's policy allowing foreigners who buy real estate worth 3 million baht to qualify for a long‑stay visa, arguing the investment threshold is too low and could attract "non‑quality" visitors who may engage in illegal activities, as well as risking an increase in property prices, making housing less affordable for local residents.

BUSINESS

Council sees tourism as key driver of GDP

Business, Molpasorn Shoowong, Published on 17/02/2026

» The Tourism Council of Thailand (TCT) expects the tourism industry to be a major driver of GDP growth this year as flights and arrivals continue to rebound, though rising untaxed online travel agents and illegal foreign operators continue to limit the full benefits of the rebound.

BUSINESS

Gulf Development increases Kasikornbank stake to 10%

Business, Nuntawun Polkuamdee, Published on 17/02/2026

» A move by Gulf Development Plc (GULF) to raise its shareholding in Kasikornbank (KBank) to 10% is seen as a calculated effort to balance financial optimisation with long-term strategic positioning, while carefully navigating regulatory constraints, analysts say.

BUSINESS

NCB frets over potential uptick in informal debt

Business, Somruedi Banchongduang, Published on 17/02/2026

» The National Credit Bureau (NCB) has expressed concern about a potential rise in informal debt amid subdued loan growth in the banking sector and an easing household debt-to-GDP ratio.

BUSINESS

Economy has 'left ICU', says finance chief

Business, Wichit Chantanusornsiri, Nareerat Wiriyapong and Somhatai Mosika, Published on 17/02/2026

» Thailand's economy has now "left the intensive care unit [ICU]", reflected in fourth-quarter growth of 2.5%, which surpassed the earlier projection of 1.8% and lifted full-year 2025 growth to 2.4%, above the 2% forecast, said caretaker finance minister Ekniti Nitithanprapas.

THAILAND

New project to help riders switch to EVs

News, Supoj Wancharoen, Published on 17/02/2026

» The Bangkok Metropolitan Administration (BMA) has partnered with the German Society for International Cooperation (GIZ) on a project to support motorcycle taxi riders in switching to electric vehicles.

THAILAND

Land Transport Department to allow online licence renewals

News, Supoj Wancharoen, Published on 17/02/2026

» The Department of Land Transport (DLT), in collaboration with the Ministry of Public Health (MOPH), is upgrading its service standards to allow motorists aged under 55 to renew their driving licences online from June.

THAILAND

City Hall gathers feedback on Silom Line extension

News, Post Reporters, Published on 17/02/2026

» City Hall has launched a market sounding exercise for the Silom Line extension from Bang Wa to Taling Chan, a 14–15 billion baht mass transit project.

THAILAND

Man splashed petrol on bank manager and demanded B5m at mall

Sutthiwit Chayutworakan, Published on 16/02/2026

» SAMUT PRAKAN: A man splashed petrol over a female bank manager at a shopping centre and demanded 5 million baht in cash. However, eyewitnesses overpowered him.