Health and beauty businesses are recovering rapidly driven by the country’s growing senior population and growing concerns regarding the Covid-19 pandemic. Deputy Commerce Minister Sinit Lertkrai said the growing elderly population has a positive effect on health and beauty services as elderly people tend to take greater care of themselves while the pandemic had resulted in […]
Read MoreThe Fiscal Policy Office (FPO) is to ask the Finance Ministry to consider winding down unnecessary measures related to tax waivers and tax deductions, in the wake of a decline in net government revenue as a proportion of GDP, says a ministry source who requested anonymity. The source said that according to the FPO’s report on […]
Read MoreEastern Polymer Group Plc (EPG), Thailand’s leading plastic moulder, expects more car manufacturing to boost its sales of pickup accessories, now making up about half of its total revenue. Sales of products such as bed liners, sidesteps and canopies for pickups are believed to grow as a result of more car purchases, according to the […]
Read MoreTHE need for financial stability, one of the three main objective of the Bank of Thailand (BOT), is keeping monetary policymakers in the South-east Asian nation from raising interest rates too fast. While trends in economic growth and inflation may support the case for a faster monetary policy normalisation, doing so would unhinge financial stability, […]
Read MoreIndustry leaders have called on the government and related authorities to do more to prevent the depreciation of the baht and mitigate the impact of the Bank of Thailand’s latest policy rate hike. Yet market analysts point out there are several good reasons for the central bank to proceed cautiously in its embrace of interest […]
Read MoreMore than 6 million internationals visited Thailand this year with a 90% surge last month alone when compared to average figures, according to officials. From Jan 1 to Sept 1, the country welcomed 6.01 million visitors, a figure slightly higher than the Tourism Authority of Thailand’s goal of 6 million, TAT governor Yuthasak Supasorn said on […]
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