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Fresh incentives meant to spur private investment of 110 billion baht and add 0.25 percentage points to economic growth sailed through the cabinet on Tuesday.The measures include a corporate income tax deduction of 2.5 times expenditure on machinery, a one-year tax exemption for importing new ...

Cross-border trade fell by 3.4% in 2019, weighed down by the strong baht, volatile foreign exchange and the prolonged trade war.The Commerce Ministry’s Foreign Trade Department said on Tuesday that the country’s overall cross-border trade, including transit trade, amounted to 1.337 trillion baht, falling short ...

The Finance Ministry has dropped its estimate of 2019 growth in gross domestic product (GDP) from 2.8 to 2.5 per cent and its forecast for 2020 from 3.3 to 2.8 per cent.“The economy in 2019 is now estimated to have grown by 2.5 per cent ...

The years 1980 -97 can be regarded as Thailand’s golden years economically when the country had one of the fastest growing economies in the world and growth reaching over 13 percent. These were also the years when Thailand embraced international education, with increasing numbers of ...

The government plans to introduce additional measures next month to boost consumption and tourism, its finance minister said on Tuesday, as it tries to shore up a faltering economy potentially facing a sharp blow from the coronavirus in China.Tourism, a key growth driver and previously ...

The Royal Thai Police is preparing measures to counter the PM2.5 (particulate matter having diameter lesser than 2.5 microns) problem by tackling the sources of air pollution in areas reported with poor air quality, deputy police spokesman Pol Colonel Krisana Pattanajaroen said on Sunday (January ...

Bilateral trade between Cambodia and Thailand was worth some $9 billion last year, up 7.14 per cent from 2018’s $8.4 billion, data from the Royal Thai embassy in Phnom Penh shows.Thailand and Cambodia have maintained excellent relations, as reflected by regular high-level visits and meetings, ...

The Cabinet has agreed to the removal of cannabis from the narcotic list under an approved ministerial regulation of the Public Health Ministry, said Traisulee Traisaranakul, Deputy Government Spokesperson, on Tuesday (January 28).The regulation states that researches would be conducted on the effects of cannabis ...

Deputy Prime Minister Gen Prawit Wongsuwon has investigated the drought situation in Chiang Mai province and provided groundwater wells to local villagers.Gen Prawit met with villagers at Simaram temple in San Klang district of Chiang Mai province and presided over a ceremony to provide them ...

Despite research establishing the risks associated with ultra-fine PM2.5 particulate matter, and the fact it is both odourless and invisible, many people fail to appreciate the damaging impact it has on their health, said Khate Sripratak, cardiologist and president of the Chest Disease Institute’s medical ...