Luang Prabang, Laos’ premier world heritage site, is investing heavily in the development of facilities at visitor attractions alongside a promotional campaign to boost domestic travel and reinvigorate tourism. The switch in focus to domestic tourists is in response to the severe and unprecedented blow to the tourism industry, especially through the absence of foreign […]
Read MoreAlthough the automotive industry is struggling to deal with a worldwide economic downturn, local authorities and car makers are clinging to their ambitious goal to make Thailand a champion in electric vehicle (EV) business in the region. Since lockdown measures were lifted, news and updates on EV projects in the public and private sectors keep […]
Read MoreThe Finance Ministry is preparing to adjust the tax structure to incentivise foreign investors in preparation for a full reopening of the economy. One of the planned measures to stimulate the economy is adjusting the tax structure as a short-term boost for individuals and the private sector, while a long-term plan is to support investment […]
Read More[BANGKOK] Domestic car sales in Thailand shrank for a 16th straight month in September, down 4.1 per cent from a year earlier to 77,433 vehicles as the coronavirus outbreak hurt demand, the Federation of Thai Industries (FTI) said on Monday. But sales rose 12.4 per cent from August, helped by easing virus restrictions, government relief […]
Read MoreForeign investors need more details of what they can or cannot do in Thailand under the state of emergency imposed on Thursday, said Thai Chamber of Commerce chairman Kalin Sarasin. He added that foreign investors had inquired whether they can go ahead with holding seminars and meetings in Thailand, after the emergency ban on gatherings […]
Read MoreThe Regional Cooperation and Economic Partnership (RCEP) agreement is ready to be signed in November, and is expected to take effect in the second half of next year, Auramon Supthaweethum, director-general of the Trade Negotiations Department, said. The Covid-19 crisis was not an obstacle to RCEP negotiations as the panel was meeting via video conference […]
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Thailand
