Economy and commerce
E-commerce players up in arms over tax
The government’s tax collection policy is threatening the growth of e-payments and discouraging a cashless society, say e-payment and e-commerce proponents. The Bank of Thailand reported that the value of e-payments in June 2018 was 38.94 trillion baht, up from 33.56 trillion a year earlier. ...
Suchit Leesa-Nguansuk
National economy to grow steadily: FPO
Fiscal Policy Office (FPO) Director Lawaron Saengsanit has confirmed that the national economic situation reflects the growth of Gross Domestic Product. However, analysis of the overall economic situation requires economic stability which is reflected in other economic indicators, such as inflation.Keep reading ...
Supawadee Wangsri
‘Economy unlikely to benefit’ from shopping tax break for middle class
The shopping tax allowance to be announced next week by the government will satisfy the middle class, but will do little to boost the overall economy, a prominent economist said Wednesday (Nov, 28).Anusorn Tamajai, dean of Rangsit University’s Economics Faculty, said the year-end shopping scheme ...
Wichit Chaitrong
Thailand has huge mobile potential
Mobile is the future, and this is especially the case in ASEAN member states. As a matter of fact, e-commerce logistics management platform, Parcel Perform, recently noted that emerging markets like Myanmar and Thailand are seeing rapid growth in mobile marketing. A case in example ...
Sheith Khidhir
BoI gives nod to projects in Deep South
The Board of Investment (BoI) has approved two projects — a hospitality business and coconut oil production — in Nong Chik district, Pattani province, with a combined value of 620 million baht. Keep reading ...
Lamonphet Apisitniran
Research finds investors paying less attention to tax incentives
Research by economists has found that tax incentives are no longer the main consideration of investors, who are now paying more attention to basic infrastructure and the governance of investments.Keep reading ...
Itiporn Lakarnchua
FTI strikes bullish note on 2019 despite trade worries
The Federation of Thai Industries (FTI) is optimistic that the domestic economy in 2019 will gain from the general election and public investment, even as the trade spat between the US and China pressures the country’s export outlook. Keep reading ...
Piyachart Maikaew
BoI offers incentives to meet Bt300-bn EEC target
The Board of Investment (BoI) maintains its Bt300 billion total investment target in the Eastern Economic Corridor (EEC) by the year-end and is releasing new investment packages to woo investors.Keep reading ...
Phuwit Limviphuwat
Cambodia, Vietnam, and Thailand eye developing coastal economy
The Private sectors in Cambodia, Vietnam, and Thailand are planning to strengthen trade, transport, and tourism connectivity along the coasts and promote the Southern Economic Corridor (SEC).Keep watching ...
Apec leaders discuss free trade, protectionism
Leaders of 21 Pacific Rim economies on Sunday (Nov, 18) began discussing in Papua New Guinea ways to promote free trade and regional economic integration amid an unfolding trade war between the United States and China.This year, Washington and Beijing have engaged in tit-for-tat rounds ...
