Showing 1 - 10 of 23
All imported goods now face VAT
Business, Phusadee Arunmas, Published on 03/04/2024
» Following a mandate from Prime Minister Srettha Thavisin, the government looks set to impose a 7% value-added tax (VAT) on imported goods valued from one baht up, commencing in May.
Forum calls for upgrades to cross-border payment systems
Business, Phusadee Arunmas, Published on 30/03/2023
» Thailand's cross-border e-commerce still has great potential for growth, but improvements in payment systems and one-stop services need to be accelerated.
Thais urged to monitor rates
Business, Phusadee Arunmas, Published on 17/03/2023
» Thai exporters and importers are being advised to closely monitor the exchange rate and develop appropriate strategies to cope with the impact of short-term foreign exchange fluctuations.
Tough penalties for foreign nominees
News, Phusadee Arunmas, Published on 16/01/2023
» The Department of Business Development is warning Thai citizens who are acting as nominees for Chinese-owned businesses along Yaowarat Road that they face up to three years in prison and/or fines of up to one million baht.
Consumer confidence hit 20-month high last month
Business, Phusadee Arunmas, Published on 09/12/2022
» Consumer confidence increased for the sixth straight month in November, hitting a 20-month high, lifted by improved economic activity, an increase in foreign tourist arrivals and lower petrol prices.
Emerging markets to buoy exports in 2023
Business, Phusadee Arunmas, Published on 25/11/2022
» Thailand's exports are expected to maintain growth momentum next year, albeit at a slower pace than this year, shored up by strong demand from emerging markets in Asia and the Middle East, speakers at a seminar said on Thursday.
Tourism, consumption lead GDP growth
Business, Phusadee Arunmas, Published on 18/10/2022
» The economy is on course for continuous recovery driven by increasing tourism activities and active private consumption, with the growth rate expected to return to pre-Covid level by the end of this year or beginning of 2023, according to Anucha Burapachaisri, the government spokesman.
Consumer sentiment improving
Business, Phusadee Arunmas, Published on 12/08/2022
» Consumer confidence picked up for the second straight month in July, boosted by improved business activities following the continued easing of Covid-19 control measures.
Commerce Ministry ups headline inflation forecast
Business, Phusadee Arunmas, Published on 06/08/2022
» The continuing rise in energy prices which have raised production costs for manufacturers and the prices of goods has prompted the Commerce Ministry to upgrade the forecast for headline inflation in 2022 to a range of 5.5-6.5% (averaging 6%) from the 4-5% range (averaging 4.5%) projected in March.
UTCC lowers Thai growth projection
Business, Phusadee Arunmas, Published on 17/06/2022
» The University of the Thai Chamber of Commerce (UTCC) yesterday downgraded its economic growth forecast to 3.1%, from the 4.2% projection it made in November 2021, largely due to rising global energy prices.