The headline consumer price index (CPI) rose 3.79% in February from a year earlier, less than analyst forecasts, due mainly to lower energy and food prices, Commerce Ministry data showed on Tuesday. The reading compared with a forecast for a 4.18% rise in February in a Reuters poll, and followed January’s 5.02% increase. The core CPI […]
Read MoreMany countries in Asia recently announced giveaway campaigns to bolster their tourism industry, aiming to drive post-pandemic economic growth. These include Hong Kong’s giveaway of 500,000 flight tickets to foreign visitors and Taiwan’s proposal to offer a cash incentive worth NT$5,000 (5,633 baht) per person. Japan and South Korea, perennial favourite destinations among Asian tourists, […]
Read MoreThe government needs to revamp the tax structure, especially the personal income tax, to bridge the income gap and ensure a fairer system, according to the National Economic and Social Development Council (NESDC). Thailand still has some tax waivers, including the capital gains tax, which some parties believe should be cancelled. The government is studying whether some […]
Read MoreCambodia and Thailand will review policies to push for self-driving tourists passing through the two countries to boost the number of tourists. This took place on March 2, when Thong Khon, Minister of Tourism allowed Cherdkiat Atthakor, Thai ambassador to Cambodia to meet and discuss about the work. Minister of Tourism Thong Khon said that […]
Read MoreThai exports are expected to contract in the first quarter, but they are likely to start recovering from the second quarter, according to the Commerce Ministry. Phusit Ratanakul Sereroengrit, director-general of the International Trade Promotion Department, said yesterday that the country’s exports in the first quarter of this year are still expected to be negative, partly […]
Read MoreAbout 230,000 recent graduates remained out of work as 64.5% had been rejected by potential employers in the 4th quarter of last year, according to the National Economic and Social Development Council (NESDC). According to a NESDC report on the labour situation for that quarter, the employment situation improved due to new jobs in the non-agricultural sector. […]
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