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Thailand: State urged to offer online VAT services

Ant Financial Services Group, the operator of China’s biggest online payment platform under Chinese e-commerce leader Alibaba Group, has called on the Thai government to offer more online services for value-added tax (VAT) refunds and immigration processing to facilitate international tourists, particularly Chinese. Simon Hu, president of Ant Financial, who met Deputy Prime Minister Somkid Jatusripitak […]

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Thailand: Project continuity encouraged

The next government would do well to continue planned infrastructure projects in order to boost housing demand, says Deputy Transport Minister Pailin Chuchottaworn. At least 60% of the population or 40 million people will live in urban areas if mass transit lines are developed in major provinces, Mr Pailin said on Thursday at the House & […]

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Thailand: Role of economic zones stressed

THE nation’s top planning agency has stressed the importance of continuity on the development of special economic zones (SEZs) – including the flagship Eastern Economic Corridor (EEC) – by an incoming government. The National Economic and Social Development Council (NESDC), which is closing in on the completion of the 12th National Economic and Social Development […]

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Thailand: February exports beat contraction

Customs-cleared exports rebounded in February after a three-month contraction, but the increase was largely due to a one- time shipment of arms for military drills and the transport of oil-related products and gold. The Commerce Ministry reported on Thursday that Thailand’s outbound shipments rose 5.9% year-on-year last month to US$21.55 billion. Without oil-related products, gold and […]

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