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Search Result for “tourism tax”

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BUSINESS

Phuket in fresh bid for Specialised Expo

Molpasorn Shoowong, Published on 23/02/2026

» 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

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

Dead man walking

Business, Lamonphet Apisitniran, Somhatai Mosika and Nuntawun Polkuamdee, Published on 23/02/2026

» Being labelled the "sick man of Asia" has forced Thailand to reassess the long‑standing problems causing its "chronic economic illness".

BUSINESS

‘Little reprieve’ for Thailand after US tariff ruling

Somhatai Mosika and Lamonphet Apisitniran, Published on 21/02/2026

» The issue of US tariffs is expected to intensify now that the US Supreme Court has struck down President Donald Trump’s use of an emergency powers law to impose them, Thai exporters and economists say.

BUSINESS

Trump's new Iran threats rattle markets

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 21/02/2026

» RECAP: Most Asian equities fell and oil prices rose yesterday after Donald Trump ratcheted up Middle East tensions by hinting at possible military strikes on Iran if it did not make a "meaningful deal" in nuclear talks. The remarks put the brakes on a rebound in markets following an AI-fuelled sell-off earlier.

BUSINESS

Life segment forecasts watershed year in 2026

Business, Nuntawun Polkuamdee, Published on 20/02/2026

» Thailand's life insurance industry is on track for a milestone year, with total premiums for both life and non-life projected to exceed 1 trillion baht for the first time, driven by strong growth in health and critical illness coverage despite lingering economic headwinds.

BUSINESS

Import duties plunge thanks to strong baht

Business, Wichit Chantanusornsiri, Published on 20/02/2026

» The exchange rate, economic conditions and free-trade agreements (FTAs) have affected import duty revenue for the Customs Department, with collections 8% below target for the first three months of fiscal 2026.

BUSINESS

Tour operators insist on VAT relief

Business, Narumon Kasemsuk, Published on 20/02/2026

» Outbound tour operators will continue to push for the removal of value-added tax (VAT) from overseas tour packages sold to local travellers, arguing the charge is redundant given other taxes paid at destinations.

BUSINESS

Call for stimulus in border provinces

Business, Narumon Kasemsuk, Published on 19/02/2026

» Executives from seven provinces along the Thailand-Cambodia border met with the House of Representatives' Committee on Tourism to address declining tourism confidence, as their markets remain weak despite relative peace along the dividing line.

BUSINESS

Krungsri eyes extra B100bn in SME loans

Business, Nuntawun Polkuamdee, Published on 19/02/2026

» Bank of Ayudhya (Krungsri) has set an ambitious target to expand its portfolio of small and medium-sized enterprise (SME) loans by 100 billion baht over four years, increasing total outstanding SME loans to 350 billion.