The Thai Chamber of Commerce will follow up on the Thai Restaurant Association’s request that restaurants be allowed to open until 11pm, said the chamber’s chairman, Kalin Sarasin. The association earlier asked the chamber to forward its request to the government. The asssociation said the current closing time of 9pm, imposed as part of Covid-19 […]
Read MoreState aid measures for struggling taxpayers, including deadline extensions for filing income taxes, a 90% reduction in land and building taxes and a reduced 0.01% fee for property transfers and mortgages, are scheduled to go before the cabinet next week. Prime Minister Prayut Chan-o-cha made an announcement on his Facebook page on Friday that the […]
Read MoreExports fared better than expected for the full year of 2020, contracting 6.1% from the previous year, driven by an unexpected rise in December, ending a seven-month decline. The Commerce Ministry reported that customs-cleared exports fetched US$20.1 billion in December, up 4.71% year-on-year, with imports rising 3.62% to $19.1 billion, resulting in a trade surplus […]
Read MoreAround 1.5 million Thais were estimated to enter into poverty in 2020 due to the pandemic, says the World Bank. Thailand’s poor totalled 3.7 million in 2019 and the tally was expected to rise to 5.2 million in 2020, attributed mainly to adverse effects from the pandemic crisis, said Kiatipong Ariyapruchya, senior economist for Thailand […]
Read MoreThailand’s mobile service revenue fell 12.6% in 2020, weighed down by the impact of the pandemic on mobile subscription growth, while the country’s 5G subscription numbers are expected to surpass 4G by 2025, says GlobalData, a data analytics and consulting firm headquartered in London. According to GlobalData’s Thailand Telecom Operators Country Intelligence Report, mobile subscriptions […]
Read MoreNew construction jobs from the construction of high-rise buildings are expected to resume in the second half after the Covid-19 vaccine is distributed, after slowing since 2019 as a result of the sluggish condo market. Chuchoke Sevakunarkon, managing director of The Concrete Products and Aggregate (CPAC), a major ready-mixed concrete supplier and one of SET-listed […]
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