Organic laws concerning the new excise tax rates, which will apply to all products subject to excise duties except for alcohol and cigarettes, will top the cabinet’s agenda this week. The cabinet will seek to approve new duties for alcohol and cigarettes shortly before the new excise tax regime comes into force on Sept 16. […]
Read MoreBANGKOK: Thailand’s economy capped a solid performance for South-East Asia in the second quarter, growing at its fastest clip in over four years thanks to strong exports – a common denominator for many countries still struggling to boost private consumption despite ultra-low interest rates. Robust tourism and farm output also helped Thailand’s growth beat market […]
Read MoreCentral Group of Companies, the country’s leading retail and property developer, will spend 17 billion baht to expand its operations in Vietnam over the next five years. Philippe Broianigo, chief executive of Central Group Vietnam, said the budget will be used to expand all businesses the group has set up there, particularly food and electronics. […]
Read MoreSIAM Cement Group (SCG) yesterday confirmed it will join with state enterprise PetroVietnam in a US$5.4 billion petrochemical project, just as the Vietnamese prime minister was inviting Thai investors to be strategic partners in his country’s liberalisation of the economy. In his keynote speech at the Vietnam-Thailand Economic Cooperation Forum, Nguyen Xuan Phuc said yesterday […]
Read MoreInternational tourist arrivals in Thailand rose 4.8% in July from a year earlier, led by visitors from China, Malaysia, Laos, Korea and India, the tourism and sports ministry said on Friday. Foreign arrivals stood at 3.1 million in July, the ministry said in a statement. For the seven-month period, arrivals were 20.4 million, up 4.47%. […]
Read MoreThailand’s economic growth is expected to have cooled slightly in the second quarter, as public and private investment slowed, offsetting some of the boost from stronger exports and tourism. Growth in Southeast Asia’s second-largest economy has lagged its regional peers since the army seized power in 2014 to end months of political unrest. The junta […]
Read More
Thailand
