Healthcare, food safety, remote work, renewable energy and mobile commerce are among growing sectors Thailand can capitalise on as new opportunities in the wake of the pandemic, says Line Thailand. “The pandemic is a big accelerator of technology consumption and behavioural change,” said Oliver Tonby, chairman of consulting firm McKinsey & Company, via a video […]
Read MoreXinhua – Thailand’s shipping council representing exporters projected in a report released Wednesday that the country’s export will contract 8 percent this year. The Thai National Shippers’ Council (TNSC) has revised upward its export projection this year to 8 percent contraction from 10 percent contraction previously forecast, said Ghanyapad Tantipipatpong, the council chair. Products in demand […]
Read MoreThe director-general of the Department of Medical Services is backing the proposal to reopen the country to revitalise the virus-battered economy. Dr Somsak Akksilp said that not only was Thailand well prepared for a second wave of Covid-19 but that maintaining zero local infections was an unrealistic target since it was still not known when […]
Read MoreThailand is being urged to accelerate construction of infrastructure projects while the pandemic stunts other economic drivers to attract foreign investors once the pandemic ends. Rangsin Kritalug, chief operating officer of SET-listed skytrain operator BTS Group Holdings, said foreign investors will have more confidence in the country and are more likely to return if they […]
Read MoreCross-border trade, including transit trade, fell by 7.42% year-on-year in the first eight months, mainly attributed to the impact of the pandemic and a slowing economy. The Commerce Ministry’s Foreign Trade Department reported on Wednesday overall border trade, including transit trade, totalled 853 billion baht, with Malaysia the biggest partner by value. Transit trade involves the […]
Read MoreThe Centre for Economic Situation Administration (Cesa) on Wednesday approved a proposal to offer taxpayers income tax deductions of up to 30,000 baht for purchasing products and services with a 7% value-added tax (VAT), in another bid to boost domestic consumption. Effective from Oct 23 until Dec 31, the tax deduction offer will apply to […]
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