News
Thailand's economy to improve further on consumption, tourism
Thailand’s economy improved in June and the momentum is expected to continue into the second half of 2022 thanks to increased tourism and domestic consumption as pandemic curbs eased.The Bank of Thailand (BoT)’s Senior Director Chayawadee Chai-Anant said the tourism sector will play an important ...
State preps B300bn for new measures
The government looks set to prepare more than 300 billion baht’s worth of new measures to help reduce people’s expenses and stimulate domestic consumption battered by a fresh wave of Covid-19 infections.Kulaya Tantitemit, the director-general of the Fiscal Policy Office under the Finance Ministry, said ...
Wichit Chantanusornsiri
‘Eat, Shop, Spend’ campaign a big hit among Thai spenders
The government’s “Eat, Shop, Spend” campaign has been highly successful in all three phases in boosting domestic consumption, a Finance Ministry official said.Lavaron Sangsnit, director-general of the Fiscal Policy Office and Finance Ministry spokesman, said the campaign had been especially successful in boosting spending via ...
The Nation Reporter
Facing headwinds in 2019, Thai economy looks better for 2020
The Thai economy is projected to grow 3.8% in 2019, slightly below last year’s 4.2%. The main reason is slower growth in the global economy. thailand-business-news.com reports that this is likely to lead to a deceleration in Thai exports and tourism, which will impact domestic ...
Social welfare cardholders to be exempted from VAT
The Ministry of Finance will seek cabinet approval for its latest scheme to exempt social welfare cardholders from the value-added tax (VAT). Finance Minister Apisak Tantivorawong said today (Sep 09) that the new scheme will help 11.4 million low-income earners enrolled in the social welfare ...
Thammarat Thadaphrom
