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Search Result for “economy”

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THAILAND

'No plan' for VAT rate hike

News, Chairith Yonpiam, Published on 24/02/2026

» The incoming Bhumjaithai-led administration will not raise the value-added tax (VAT) rate to 10% over the next three years, a BJT executive said, adding that the party's immediate focus is economic recovery.

BUSINESS

Phuket in fresh bid for Specialised Expo

Business, Molpasorn Shoowong, Published on 24/02/2026

» Phuket plans to submit a bid for the Specialised Expo again this year, aiming to host the event in 2032 or 2033 under a new "longevity" theme, promoting the island's wellness and sustainable tourism sectors.

BUSINESS

Digital lender sees Thai SME loans surge

Business, Nareerat Wiriyapong, Published on 24/02/2026

» Funding Societies, Southeast Asia's largest SME digital financing platform, expects the total value of its loan applications in Thailand to reach 5.4 billion baht this year, with application volume growing 30% year-on-year, as it focuses on underserved SMEs with strong growth potential.

BUSINESS

Aberdeen bullish on local equities post-election

Business, Nuntawun Polkuamdee, Published on 24/02/2026

» Aberdeen Asset Management has adopted a bullish stance on Thai equities following the recent election, noting political clarity and improving stability could pave the way for renewed foreign inflows and a recovery in the benchmark index to 1,500 points.

BUSINESS

Plan to tax gold imports stokes Thai industry criticism

Nareerat Wiriyapong and Wichit Chantanusornsiri, Published on 23/02/2026

» Gold traders strongly oppose the Customs Department’s plan to ask the incoming government to impose import duties on gold, warning that Thailand could lose its status as a gold trading hub if the measure is implemented. They added that gold is now regarded as an investment asset rather than a commodity subject to tariffs.

BUSINESS

Chinese shoppers are Asia's biggest airport spenders

South China Morning Post, Published on 23/02/2026

» HONG KONG — Chinese travellers are outspending their Asian peers at the region's airports in search of gifts, food and luxury purchases, a trade association has found.

THAILAND

IRPC accelerates 4R strategy: “Recapitalise, Revitalise, Reframe, Reinvent”

Published on 23/02/2026

» IRPC Public Company Limited (IRPC) led by Terdkiat Prommool, President and Chief Executive Officer announced:

BUSINESS

Thai exports jump most in four years on AI-led electronics boom

Bloomberg, Published on 23/02/2026

» Outbound shipments of electronic products and stronger inbound demand for raw materials and machinery pushed Thailand’s exports and imports to their highest levels in four years, as the country seeks a trade agreement with the United States.

THAILAND

Geopolitics, Volatility, and the Case for a Strong Trading Fortress 

Published on 23/02/2026

» In a world connected at the speed of a fingertip, a troop movement on the other side of the globe or the signing of a trade agreement by major powers is no longer just foreign news buried in a newspaper column. It has become a trading signal, one that can impact your investment portfolio within seconds.  

BUSINESS

Minor Food mulls IPO in Hong Kong by end of 2026

Business, Molpasorn Shoowong, Published on 23/02/2026

» Minor Food, a subsidiary of SET-listed Minor International, is exploring an initial public offering (IPO) in Hong Kong by the end of the year, while its hotel arm, Minor Hotels, prepares to launch a US$1-billion real estate investment trust (REIT).