Thailand’s consumer confidence increased for a third straight month in October, boosted by better economic prospects as exports and tourism continued to expand strongly, but low farm prices remained a worry, a private survey showed on Thursday. The index of the University of the Thai Chamber of Commerce rose to 76.7 in October from 75.0 […]
Read MoreThe long-awaited Don Quijote, Japan’s biggest discount store chain, is scheduled to make its debut in Thailand in the fourth quarter of next year. According to Wicha Chengcharoen, general-manager of TOA Venture Holding, two new venture companies would be set up to operate Don Quijote Mall: JCE-TOA to operate the mall and TOA-PPIH to own […]
Read MoreDa Nang: Thailand is among the top five targets for business leaders’ overseas investment among the Asia-Pacific Economic Cooperation (Apec) economies, according to the latest survey of Asia-Pacific business leaders. The other four are Vietnam, China, Indonesia and the US. PwC polled 1,412 business leaders in the 21 Apec member economies in the survey conducted […]
Read MoreThe Revenue Department estimates that 22.5 billion baht worth of shopping tax breaks will be claimed this year, costing the government 2 billion in revenue while spurring 10 billion baht in spending. Individual taxpayers deducted 15 billion baht worth of shopping in 2016 when a similar tax incentive was introduced for 18 days, costing the […]
Read MoreThailand will have a four-day break at the end of next month so revellers can relax and celebrate the New Year. The cabinet announced Tuesday the holiday will run from Dec 30 to Jan 2. “By tradition, if annual holidays fall on weekends, additional days are added,” said Lt Gen Sansern Kaewkamnerd, the government spokesman. […]
Read MoreThailand’s central bank left its near-record-low key interest rate unchanged on Wednesday, as widely expected, amid signs of a strengthening economy and benign inflation. The Bank of Thailand (BoT) said at its policy review current interest rates remain supportive of growth and it expects the economy to grow faster than previously assessed. The Monetary Policy […]
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