Foodland Supermarket Co, a long-established supermarket chain, is adopting a new business strategy to appeal to younger generations of customers while also teaming up with property developers to open new convenience stores at housing and condominium projects. As part of this strategy, the company has entered into agreements with companies under SC Asset Corporation to […]
Read MoreTourism revenue from the international market in 2024 will not be able to match the level recorded in 2019, as the target has been downgraded to 1.92 trillion baht from an earlier target of 2.29 trillion baht due to the impact of a “polycrisis”, according to the Tourism Authority of Thailand (TAT). However, the overall […]
Read MoreThailand’s employment rate is expected to remain flat in the second half of this year as the global economy has turned sluggish, the country’s tourism industry has yet to fully recover, and local politics remain uncertain, says the Employers’ Confederation of Thai Trade and Industry (EconThai). In the first quarter of this year, the number […]
Read MoreThe Revenue Department is planning to launch a value-added tax (VAT) reverse charge scheme in the scrap metal industry to reduce the risk of refund fraud by January 2024, says director-general Lavaron Sangsnit. He said more than half of the fake VAT invoices were issued by scrap metal businesses to be used as evidence for […]
Read MoreConsumer confidence rose for a 13th straight month in June and posted the highest level in 40 months since March 2020, driven by a resilient tourism sector and increasing agricultural product prices. However, there is still concern about uncertainty in the political arena, said the University of the Thai Chamber of Commerce (UTCC). The UTCC reported […]
Read MoreTourism operators are worried about possible protests that could harm the image of the country, while hoping a government is formed as soon as possible. Marisa Sukosol Nunbhakdi, president of the Thai Hotels Association (THA), said if there are any protests following yesterday’s vote for prime minister, they should be peaceful demonstrations the authorities monitor without […]
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Thailand
