The baht fell the most since late November after the government raised the Covid-19 alert to the second-highest level, further dimming the recovery of the tourism sector. The baht fell as much as 1% to 33.523 per dollar. That’s after the government on Thursday heightened the alert level from 3 to 4, a category that […]
Read MoreDespite a sharp rise in the prices of fresh food such as vegetables, pork, eggs, cooking oil, rice and curry, the Commerce Ministry is maintaining its headline inflation forecast in the range of 0.7% to 2.4% (average of 1.5%) this year. Ronnarong Phoolpipat, director-general of the Trade Policy and Strategy Office, said headline inflation is […]
Read MoreCambodia’s lack of a textile industry to support to its burgeoning garment industry has seen neighbouring Thailand’s exports of textiles soaring and are expected to grow by 15 per cent. Thai media has reported that textile exports were boosted by demand from apparel-producing territories such as Cambodia, Vietnam, Indonesia, India, Europe and the US garment […]
Read MoreProfits from cryptocurrency trading are now subject to a 15% capital gains tax, according to a source from the Finance Ministry. The ministry recommends investors identify their income from cryptocurrencies when filing tax this year to avoid legal penalties. In 2022, all taxpayers who gained from cryptocurrencies, including investors and mining operators, are subject to […]
Read MoreBANGKOK (XINHUA) – Thailand’s consumer price index (CPI), a main gauge of inflation, rose 2.17 per cent year-on-year in December 2021, led by higher costs of energy and vegetables, its Ministry of Commerce said yesterday. The pace of growth eased from a rise of 2.71 per cent registered in November last year. The core CPI, […]
Read MoreTourism operators in popular destinations face more cancellations as the prolonged suspension of the Test & Go scheme is dampening enthusiasm for the remainder of the high season. Pongsakorn Ketprapakorn, president of the Tourism Council of Phangnga, said around 60% of bookings in January from 36 Phangnga hotels have been cancelled. Hotels have already lost […]
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Thailand
