Thailand: Tourism, infrastructure to support Thai economy Tuesday, 9 August 2016 – Thailand’s record tourist arrivals and public works spending are expected to offset weak domestic demand and global economic drag, keeping South-East Asia’s second-largest economy on course for 3.1% growth this year, the central bank governor told Reuters in an interview. The trade-dependent economy […]
Read MoreThailand: Baht hits one-year high against dollar Tuesday, 2 August 2016 – The baht hit a one-year high against the US dollar yesterday, tracking emerging-market currency strength as fading prospects of a US rate increase revved up investor appetite.TMB Analytics vice-president Jitipol Puksamatanan said the baht’s passing of 34.76 against the greenback was a new […]
Read MoreThailand: Excise tax basis set to change Tuesday, 2 August 2016 – Legal amendments to switch the excise tax basis to state-recommended retail prices from ex-factory prices are expected to come into force by mid-2017, says the Excise Department.The change in the method of calculation will standardise duty collection and create more fairness and transparency, […]
Read MoreThailand: SCG posts 23% increase in Q1 profit Friday, 8 July 2016 – Asian cement and chemical producer SCG recorded a 23-percent increase in first-quarter profit year-on-year. The company attributed the rise to better performance of the chemicals business. It also said in a statement that it is committed to continue investing in the Asean […]
Read MoreThailand proposes tourism package with Laos WEDNESDAY, 6 JULY 2016 – Thailand and Laos will work out on a joint masterplan on tourism to boost the number of travellers coming to the region. The plan for linked tourism will be based on the concept of two countries-one destination,enabling visitors to Thailand to expand their vacation […]
Read MoreALRO is bracing to reclaim Sor Por Kor land from illegal owners WEDNESDAY, 6 JULY 2016 – The Agricultural Land Reform Office (ALRO) is make preparations to reclaim the Sor Por Kor land from illegal owners or occupants now that the National Council for Peace and Order has recently issued 13 directives to solve the […]
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