Manufacturing

The Tourism Authority of Thailand (TAT) forecasts revenue of 1.2-2.38 trillion baht next year, according to its new 2023 strategy, but this is likely to be challenged by global inflation and rising interest rates, with spending already taking a hit.TAT governor Yuthasak Supasorn said the ...

A new tax law introduced today could provide the spark to realize Thailand’s global electric vehicle hub dream.The Excise Department in Bangkok revealed a law governing the reduction of the EV tax from 8% to 2% will be published tomorrow in the Royal Gazette and ...

Thai tourism remains on course to reach 20 million arrivals next year as the prime minister predicted, following the easing of travel rules on May 1, according to the Tourism Authority of Thailand (TAT).“The industry next year is poised to strengthen from this year, making ...

The government recently approved an array of incentives, including lower excise tax and import duties on significant auto parts, in a bid to make electric vehicles (EVs) more appealing to both car buyers and manufacturers.What are the incentives for EVs?The incentives recently approved by the ...

Tourism organisations in Thailand have called on the government to ease the COVID-19 requirements for international visitors to boost arrivals in time for the Easter holidays in April.Presidents of 20 tourism associations and councils submitted a letter to Prime Minister Prayut Chan-o-cha and related officials, ...

The business sector is calling on the government to implement sandbox schemes in destinations like Pattaya in Chonburi, Rayong and some parts of Bangkok, Sanan Angubolkul, chairman of the Thai Chamber of Commerce, said on Thursday.He was speaking after meeting with members of the Chonburi ...

Prime Minister Prayut Chan-o-cha has instructed relevant agencies to proceed with policies to reshape the country, government spokesman Thanakorn Wangboonkongchana said on Monday.So far, Thailand has adjusted its tourism strategy by focusing on 3Rs, namely: Reopen (Q3 2021): Pilot reopening under the Phuket Sandbox scheme. ...

Thailand has launched a new tourism website, aiming to make travel to the country easier for the 8-15 million tourists expected to visit next year.The central platform, named Entry Thailand, includes necessary information before arrival, providing basic information and documents that tourists have to prepare ...

Thailand announced rules on Friday for its quarantine-free reopening to visitors from 45 countries, in an effort to revive an economy struggling to recover from the collapse of its vital tourism sector.Thailand, one of the Asia-Pacific’s most popular tourist destinations, has for the past 18 ...

The government aims to generate at least 882 billion baht in domestic tourism revenue next year from government measures to revive the struggling sector after a major slump in foreign arrivals.The economy suffered its deepest fall in more than two decades last year, with the ...