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The Cabinet on Tuesday gave the go-ahead to the Asean Investment Facilitation Framework (AIFF) proposed by the Board of Investment (BoI).It also appointed Deputy PM Supattanapong Punmeechaow, who oversees issues related to the economy and investment, as the Thai representative at the Asean Economics Ministers’ ...

A joint private sector committee has adjusted Thailand’s estimated gross domestic product (GDP) growth for this year to between -0.05 and 1 per cent, higher than the previous estimate of -1.5 to 0 per cent.The committee is comprised of three private sector organisations, namely the ...

The economy in July was increasingly impacted by the country’s worst Covid-19 outbreak and tighter restrictions that extended into August, but fiscal policy and exports lent some support, the central bank said on Tuesday.The nation’s containment measures were imposed in July and August in Bangkok ...

The cabinet on Monday gave the go-ahead to the national e-commerce development action plan phase I, which spans 2021-2022 and aims to boost e-commerce revenue to more than 5.35 trillion baht next year.Rachada Dhnadirek, a deputy government spokeswoman, said the Commerce Ministry’s action plan will ...

Thailand will enforce the e-service tax law from Wednesday, following in the footsteps of more than 60 countries around the globe which collect value-added tax (VAT) from foreign e-service operators reaping income in their territories.These countries, including Australia, New Zealand, Japan, Taiwan and South Korea, ...

Private investment declined in July as a result of the prolonged pandemic, but the export sector has continued to expand for five consecutive months, said Fiscal Policy Office deputy spokesperson Wuttipong Jittungsakul.On Monday the office published economic data for July, which revealed that sales of ...

The Prime Minister has urged related agencies to ensure the enforcement of stringent disease control measures against COVID-19 for travelers and transport carriers, as inter-provincial travels to and from areas most critically hit with COVID-19.Keep watching ...

Tan-Yong-Mu-Long, community in the southern province of Songkhla to see how ‘community forestry’ helps people there, sustain their livelihoods. Keep watching ...

Exports across Thai borders rose to over 90 billion baht in July, a 41.7 percent increase. Deputy Prime Minister and commerce minister, Jurin Laksanawisit, said Thailand’s border commerce and trade grew 29 percent to a value of 147 billion baht in July.Keep watching ...

Domestic airlines will soon resume commercial flights out of Bangkok, a Covid-19 dark-red zone, as transport restrictions are eased amid tight enforcement of health and safety regulations.A Transport Ministry source said the Civil Aviation Authority of Thailand will begin permitting airlines to fly into and ...