Industries

The Finance Ministry plans to adopt blockchain-based value-added tax (VAT) refund service for foreign tourists, starting from the end of this month.The blockchain technology for VAT refunds should speed up the process for tourists as details of their purchases will be immediately shared with the ...

The Tourism Authority of Thailand (TAT) and Unilever Thailand have signed a memorandum of understanding to run the Tourism to Recycling Actions for the Schools and Homes (Trash) project, starting in Krabi province.Other parties, including the Pollution Control Department and Krabi municipality, will join the ...

Thais can profit from plastic waste, as well as help the environment, by adopting a more circular economy, according to one of the world’s largest plastic producers, Indorama Ventures Plc.The company’s senior vice-president Richard Jones told the Bangkok Post last week that plastic waste deserves ...

Instant noodles, snacks and seasoning powder have been targeted for taxation on salty foods, with the Excise Department likely to apply World Health Organisation (WHO) guidance on dietary sodium intake capped at 2,000 milligrammes per day as a benchmark to determine the levy rates.Keep reading ...

What makes Asia the most popular destination in terms of medical tourism? Blame it on lack of specialised treatments in home countries or credit it to the cost-effectiveness of the treatments available in Asia – all these factors combined with ease of travel with lax ...

A new tax on salty foods will target frozen products, canned foods and instant noodles, the Excise Department says. However, seasonings such as fish sauce, soy sauce and salt will be exempted.Department director-general Patchara Anuntasilpa said the agency is working with the Public Health Ministry ...

Every day thousands of tourists soak up life on the Mekong River, the seventh longest river in Asia. They take cruises, stay at boutique hotels or tuck into a grand lunch at a riverside restaurant.  The river is the most compelling reason they travel to a ...

The economic cabinet on Friday approved a new round of tourism measures, aiming for the number of foreign visitors to reach 39.8 million and generate 2.04 trillion baht this year.Kobsak Pootrakool, deputy secretary-general to prime minister Prayut Chan-o-cha for political affairs, said the new tourism ...

Thailand’s manufacturing production index (MPI) in August dropped 4.4% from a year earlier, dragged down by lower production of cars, electronics and rubber products, the industry ministry said on Tuesday. That compares with a forecast of a 3.6% decline in a Reuters poll, and July’s ...

Starting October 1st, 2019, the Excise Department will impose a new rate of sugar tax that was first announced in 2017 to encourage the general public to consume less sugar. Manufacturers have reportedly reduced sugar content in beverages over the past 2 years.Keep watching ...