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Search Result for “Sompong Amornvivat”

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BUSINESS

VAT rate to remain at 7% for another year

Wichit Chantanusornsiri, Published on 09/09/2025

» The outgoing caretaker cabinet has approved an extension of the 7% value-added tax (VAT) rate until the end of September 2026 to ease economic pressures and sustain domestic consumption, caretaker deputy finance minister Julapun Amornvivat said on Tuesday.

BUSINESS

AI now a key feature of everyday life in Thailand

Business, Suchit Leesa-nguansuk, Published on 19/08/2025

» Some 91% of Thai internet users now use artificial intelligence (AI) in their daily lives, up from 77% in 2024, reflecting how AI has become an "invisible" part of everyday life.

BUSINESS

More tourism stimulus possible

Business, Wichit Chantanusornsiri, Published on 29/07/2025

» The Finance Ministry may consider implementing tax measures to stimulate tourism during the low season, says Deputy Finance Minister Julapun Amornvivat.

BUSINESS

Traders cautious as US tariff deadline nears

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 05/07/2025

» RECAP: Asian investors turned cautious on Friday as the July 9 deadline to avert steep US tariffs approached with very few trade deals concluded. President Donald Trump indicated that dozens of trading partners could simply get letters next week informing them of their rates.

BUSINESS

No deal struck on US tariffs

Wichit Chantanusornsiri, Published on 04/07/2025

» Thailand has yet to conclude negotiations with the United States on reciprocal tariffs but has gained “valuable insights” that will guide the development of a revised proposal, Deputy Prime Minister Pichai Chunhavajira said on Friday.

BUSINESS

Government Savings Bank president likely to be next central bank governor

Business, Wichit Chantanusornsiri, Published on 26/06/2025

» Vitai Ratanakorn, president of Government Savings Bank, is highly likely to be nominated as the new governor of the Bank of Thailand, with political leaders eager to shift the regulator's policy direction towards stronger monetary policies that they believe would support the economy.

BUSINESS

Two finalists for top central bank job named

Bloomberg News, Published on 25/06/2025

» A career central banker and the head of the Government Savings Bank (GSB) are the two finalists competing to lead the Bank of Thailand, an appointment being closely watched by investors for insights into the future direction of monetary policy.

BUSINESS

Bank of Thailand chief selection on course

Business, Wichit Chantanusornsiri, Published on 25/06/2025

» The top qualifications for the new governor of the Bank of Thailand must include the ability to work smoothly and effectively with the Finance Ministry, says Finance Minister Pichai Chunhavajira.

BUSINESS

Two finalists for Bank of Thailand governor proposed

Bloomberg News and Online Reporters, Published on 24/06/2025

» The panel vetting the six candidates for governor of the Bank of Thailand has submitted two names to Finance Minister Pichai Chunhavajira.

BUSINESS

Vision statements pending from six central bank candidates 

Wichit Chantanusornsiri, Published on 20/06/2025

» Six of the seven candidates to be the next Bank of Thailand governor have passed the qualification round and are scheduled to present their vision for the institution on June 24.