Showing 1 - 10 of 26
Tapping a vast market
Business, Wichit Chantanusornsiri, Published on 12/02/2024
» The restoration of diplomatic relations between Thailand and Saudi Arabia in 2022 following a 30-year break has created new opportunities for Thailand to tap into demand for its halal products in Middle Eastern markets.
Srettha touts land bridge project
Business, Wichit Chantanusornsiri, Published on 26/10/2023
» The proposed land bridge project will be the world's largest megaproject, helping to elevate the Thai economy in the medium to long term, says Prime Minister Srettha Thavisin.
Amendment to see overseas income taxed
Business, Wichit Chantanusornsiri, Published on 26/09/2023
» The Revenue Department recently amended its notification regarding taxation on specified foreign-sourced income by stipulating that local residents who earn overseas income will be subject to personal income tax (PIT), according to Paragraph 2 of Section 41 of the Revenue Code.
Going global
Business, Wichit Chantanusornsiri, Published on 24/07/2023
» Why are Thai small and medium-sized enterprises (SMEs) unable to penetrate foreign markets as other countries do? Apart from a lack of courage in tackling obstacles to international trade, Thai SMEs' lack of research and development (R&D) is one of the key factors hindering them from entering the global market.
Warning over household debt surge
Business, Wichit Chantanusornsiri, Published on 23/05/2023
» The National Economic and Social Development Council (NESDC) warns that Thailand's ballooning household debt will become a serious problem if employment and the economy decelerate, says secretary-general Danucha Pichayanan.
Relocation tax package to yield B6bn
Business, Wichit Chantanusornsiri, Published on 15/05/2023
» The Revenue Department expects tax measures supporting the relocation of foreign investors' production bases to attract investment of around 6 billion baht within three years, says deputy director-general Vinit Visessuvanapoom.
Thai consumption keeps increasing amid recovery
Business, Wichit Chantanusornsiri, Published on 28/02/2023
» Private consumption improved in January, according to the Fiscal Policy Office's director-general Pornchai Thiraveja.
Unemployment lowest since start of outbreak
Business, Wichit Chantanusornsiri, Published on 27/08/2022
» Thailand's unemployment rate in the second quarter of the year was the lowest since the pandemic broke out in early 2020, a clear sign the economy is recovering from the pandemic's impact, says a senior official of the National Economic and Social Development Council (NESDC).
Extra revenues could help limit fuel price rises
News, Wichit Chantanusornsiri, Published on 03/07/2022
» Chiang Mai: Any surpluses in the country's revenues could be spent to fund the kingdom's diesel subsidy initiative and keep fuel prices down, according to Finance Minister Arkhom Termpittayapaisith.
Arkhom rebuffs fiscal criticism
Business, Wichit Chantanusornsiri, Published on 05/02/2021
» The Finance Ministry has brushed off critics suggesting a near-bankruptcy status of the government's fiscal position by citing Thailand's economic fundamentals.