Tourists from 28 countries have expressed interest in visiting Phuket after the government agreed to waive the mandatory quarantine for vaccinated foreign visitors, according to tourism operators in the province. In July, Phuket will be the first province to waive the quarantine requirement for foreign visitors who have been vaccinated, as part of the government’s […]
Read MoreThe government has no plan to hike the value-added tax (VAT) in order to achieve the gross domestic product growth target this year of 4 per cent, a senior official said. Anucha Buraphachaisri, spokesman for the Prime Minister’s Office, said that Thailand had set the VAT rate at 10 per cent under the Revenue Code […]
Read MoreThe price of gold rose by Bt100 per baht weight in morning trade on Friday, the Gold Traders Association reported. As of 9.25am, the buying price of a gold bar was Bt25,450 per baht weight and selling price Bt25,550, while gold ornaments were priced at Bt24,998.84 and Bt26,050, respectively. At close on Thursday, the buying […]
Read MorePeople’s spending during the upcoming Songkran festival is expected to dive by 17% from 2019 to 113 billion baht, the lowest in nine years, as people remain worried about the pandemic and weak purchasing power, according to a survey conducted by the University of the Thai Chamber of Commerce (UTCC). “The lower spending means the […]
Read MoreFood delivery service Line Man has spurned its rider partners’ demand for a reversal of its recent move to lower the 3-kilometre delivery base payment rate, but vowed to provide better incentives and assistance for riders. Line Man last week reduced the base payment for riders from 62 baht to 50 baht, prompting riders to […]
Read MoreThe credit card club of the Thai Bankers’ Association has proposed the central bank maintain a minimum debt payment measure for credit cards to help alleviate the financial burden on consumers during the country’s uneven economic recovery. Atis Ruchirawat, managing director of General Card Services Ltd, which runs Central The 1 Credit Card, and chairman […]
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Thailand
