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BUSINESS

Thai rubber industry could see B4.5 billion in flood losses

Reuters, Published on 27/11/2025

» Severe floods in southern Thailand could cut rubber production in the world’s largest producer by as much as 90,000 tonnes, worth 4.5 billion baht ($140 million), the Rubber Authority of Thailand said on Thursday.

BUSINESS

Sputtering growth blunts Thai efforts to revive domestic tourism

Bloomberg, Published on 11/11/2025

» The southern Thailand coastal province of Trang boasts lush islands and an emerald cave but has long been overshadowed by neighbouring foreign tourist hotspots Phuket and Krabi.

BUSINESS

New Energy looks to tax perk

Business, Yuthana Praiwan, Published on 01/07/2025

» The cabinet's recent resolution to grant a tax reduction of up to 200,000 baht to each purchaser of rooftop solar panels is expected to boost the solar energy market, benefiting the state's plan to save energy and boosting revenue for suppliers.

BUSINESS

Ministry preps tax perks to encourage firms to list

Business, Wichit Chantanusornsiri, Published on 04/03/2025

» The Finance Ministry has pledged to use tax incentives to entice companies to list on the stock market and improve their efficiency.

BUSINESS

Hong Kong's Cathay, Singapore Airlines go head-to-head in battle for wealthy customers

South China Morning Post, Published on 25/11/2024

» Competition among airlines for high-end customers is heating up in the region as Hong Kong flag carrier Cathay Pacific joins the fray, with analysts warning that patrons could face rising airfares despite the tussle for market share.

BUSINESS

Thailand, US work to renew GSP perks

Business, Phusadee Arunmas, Published on 14/03/2024

» The US is ready to renew the Generalized System of Preferences (GSP) scheme for Thailand that expired in 2020, says Commerce Minister Phumtham Wechayachai.

BUSINESS

Retail sector still sensitive

Business, Molpasorn Shoowong, Published on 11/03/2024

» Despite higher tourist spending and tax incentives to spur purchases, Thailand's retail industry remains fragile, with an influx of substandard goods from China piling pressure on local entrepreneurs.

BUSINESS

Exports perk up last month, dip in 2023

Business, Phusadee Arunmas, Published on 27/01/2024

» Exports rose for a fifth straight month in December, but the figures for the entire year remain in the red, down 1% from a year earlier.

BUSINESS

More knowledge workers going hybrid

Business, Published on 17/03/2023

» By the end of this year, 39% of global knowledge workers will be working hybrid, up from 37% in 2022, according to Gartner Inc.

BUSINESS

Economists: Tourism surge offsets export setback

Bloomberg News, Published on 22/02/2023

» The Thai economy is set to bounce back from a surprising contraction in the fourth quarter of 2022 as foreign tourist arrivals are likely to surprise on the upside and counter headwinds to merchandise exports from a global slowdown, say leading economists.