India has approved 5-year multiple entry tourist and business visas for Thai nationals with continuous stay of 90 days per visit, the Indian embassy said on Friday. The new multiple entry visa is available now. Approved applicants using the express visa service would receive it the next working day, the embassy statement said. Separate immigration […]
Read MoreLaotians have spent less money on goods in Thailand after Vientiane imposed a 10% value-added tax late last year, a Lao customs official said on Thursday. Soutchai Inthavong, deputy chief of the customs international checkpoint at the Friendship Bridge, said the number of Laotians crossing the bridge to Thailand remained unchanged after the Lao government […]
Read MoreThe government says it will make low-cost consumer goods available via small retail outlets and at retail and wholesale shops by April. Deputy Commerce Minister Sontirat Sontijirawong said the ministry has asked leading local manufacturers such as Saha Group, Unilever and ThaiBev to produce 20 items that are essential for daily use, including soap, toothpaste, […]
Read MoreKasikornbank’s (KBank) unaudited fourth-quarter net profit rose 86% year-on-year to 10.2 billion baht mainly because of lower loan-loss provisions, higher net interest income and rising non-interest income. The bank delivered a 5.3% year-on-year increase to its net interest income, rising to 23 billion baht in the three months to December, and a 4.8% year-on-year lift […]
Read MoreTHAILAND’S fourth-largest bank, Kasikornbank (KBank), is exploring the possibility of acquiring banks in Indonesia, but acknowledges this is a challenging goal due to the Indonesian regulator’s rules concerning foreign ownership of local banks. The regulations require foreign banks to buy more than one bank, and that the targets must not be strong institutions. KBank president […]
Read More[BANGKOK] A recovery in the global economy could spur growth in Thailand’s exports this year, beating a central bank forecast of zero growth in 2017, a central bank official said on Thursday. But the bank will wait to see the new trade policies of US president-elect Donald Trump and Thai export data in coming months […]
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