The government has pledged to subsidise part of the import fees for empty and used containers and has assigned the Office of Trade Competition Commission to monitor any possible monopoly by freight forwarders in a move to alleviate the container shortage for exporters. Speaking after visiting Bangkok Port in the Klong Toey area and talking […]
Read MoreThailand’s industrial estate sector has a neutral outlook based on prospects of growing inflows of foreign direct investment (FDI) into Asean economies and the progress of the Eastern Economic Corridor (EEC) project, says Tris Rating. FDI inflows are projected to resume in the post-Covid-19 era, supported by the region’s relatively strong competitiveness, said Tris. Asean […]
Read MoreLooking ahead to 2021, the impact of the coronavirus pandemic is changing not just people’s choice of destination but also the type of trips they are most likely to take in the coming year. New research from the digital travel portal Booking.com reveals the five emerging trip types for 2021 to motivate and inspire travellers […]
Read MoreThe Excise Department is deliberating on the excise tax structure for cigarettes to strike a balance between public revenue, farmers’ income, public health and tackling illegal cigarettes. The present tobacco tax structure stipulates a 20% tax rate is applied to the retail price for packs costing up to 60 baht. If the retail price exceeds […]
Read MoreOpportunity is presenting itself in a time of crisis for hoteliers and hospital owners, with the term “wellness” an important connecting piece within a collapsed jigsaw. Local hospital operators and real estate developers are gradually expanding their footprints to capture a lucrative opportunity, tapping into the wellness fad. According to the Global Wellness Institute, the […]
Read MoreFour major Thai banks say they will focus on managing their asset quality instead of dumping non-performing loans under unfavourable market conditions. Payong Srivanich, president of Krungthai Bank, said KTB’s priority was to maintain asset quality and look after debtors. He expects the bank’s non-performing loans to remain flat at the 4.21 per cent of […]
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Thailand
