Tourism operators have reached an agreement with the Tourism Authority of Thailand (TAT) to propose a visa fee exemption for international arrivals and an eligibility extension for visitors from nations not requiring a visa to enter the country from 30 to 45 days during the second half of this year. A joint meeting between the […]
Read MoreCross-border transport, the shipment of bulky goods, integrated logistics services and cold chain delivery are regarded as blue ocean fields for parcel delivery operators to tap into amid immense competition in the segment, says the Economic Intelligence Center (EIC) of Siam Commercial Bank (SCB). According to an analysis report by the EIC on the parcel […]
Read MoreMANILA, Philippines — The Philippines and Thailand have taken positive steps to resolve outstanding issues in relation to a cigarette tax dispute through the signing of an understanding on agreed procedures. In a statement, the World Trade Organization (WTO) said the two countries signed a bilateral “Understanding on Agreed Procedures Towards a Comprehensive Settlement of […]
Read MoreThe State Railway of Thailand (SRT) is in talks with 10 logistics companies which have expressed an interest in making a complete switch to rail freight services and expects to help them complete the transition before the end of this year. SRT governor Nirut Maneephan said interest in rail is growing due to a number […]
Read MoreThe Thailand Industry Sentiment Index (TISI) fell to a seven-month low of 84.3 points in May amid economic uncertainties ranging from rising inflation to political conflicts overseas, says the Federation of Thai Industries (FTI). The inflation rate hike and prolonged global oil price surge, driven by the Russia-Ukraine war, come as consumer purchasing power remains […]
Read MoreEnergy authorities are considering imposing a price cap on oil sold by Thai refineries to better control energy inflation, with ongoing measures to tackle the problem scheduled to end this month. The Energy Ministry formed a working panel to study how to narrow what is known as the oil refinery margin, which normally averages two […]
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