Showing 1-10 of 74 results
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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.
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Thai rice exports face fraught year ahead
Business, Phusadee Arunmas, Published on 08/02/2024
» Myriad risk factors still loom over rice exports this year, notably the volatility of exchange rates, the declining competitiveness of Thai rice, intense price competition, the impact of the El Niño weather phenomenon, and India's restrictive export policy, according to the Thai Rice Exporters Association.
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Exports on course for 1% dip last year
Business, Phusadee Arunmas, Published on 10/01/2024
» The Thai National Shippers' Council (TNSC) is maintaining its export forecast at -1% for 2023, despite the sector showing signs of recovery and expansion in the final quarter.
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Inflation projected to dip in January
Business, Phusadee Arunmas, Published on 06/01/2024
» Headline inflation is expected to decline for a fourth consecutive month in January, attributed to the government's support measures for diesel and electricity bills, as well as lower global oil prices.
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Wage hike unlikely to push up prices
Business, Phusadee Arunmas, Published on 14/12/2023
» Increases to the daily minimum wage are unlikely to have a substantial effect on the domestic prices of goods and services, insisted the Commerce Ministry's planning unit.
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Farm product price schemes planned
Business, Phusadee Arunmas, Published on 28/10/2023
» The Commerce Ministry is preparing measures to stabilise the prices of key agricultural products, including rice, cassava, maize for animal feed and palm oil, as these products are poised to enter the market.
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EEC seeks investment of B500bn
Business, Phusadee Arunmas, Published on 18/10/2023
» The new government aims to attract 500 billion baht in real investments to the Eastern Economic Corridor (EEC) within five years.
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Thai exports expected to improve in H2
Business, Phusadee Arunmas, Published on 28/06/2023
» Thai export prospects should improve in the second half of this year as the global economy recovers and conditions are enhanced among trading partners, says the Commerce Ministry.
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Planning unit emerges from the shadows
Business, Phusadee Arunmas, Published on 27/05/2023
» The Commerce Ministry established the Trade Policy and Strategy Office (TPSO) in 2015 primarily to support the development of the economy through trade and economic data.
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Exports value dips for sixth month in a row
Business, Phusadee Arunmas, Published on 27/04/2023
» Though Thai exports fell for a sixth consecutive month in March and the global economy remains sluggish, the Commerce Ministry remains confident shipments can meet the growth target of 1-2% this year.
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