More than 150,000 foreign nationals need to have their tourist visas renewed by Sept 26 or face a charge of overstaying, warned Pol Col Pakpong Sai-ubol, deputy spokesman of the Immigration Bureau. “Overstaying the tourist visa is punishable by both a jail term and fine under the Immigration Act,” he said, adding offenders would also […]
Read MoreThe special tourist visa (STV) scheme is starting to gain momentum as overseas offices under the Tourism Authority of Thailand (TAT) report high interest from tour agents. After the cabinet approved the STV scheme last week, all TAT offices in Europe received a number of calls and emails asking for more details about the visa […]
Read MoreThe Federation of Thai Industries (FTI) this Wednesday will ask the Center for Economic Situation Administration to approve its nine-point proposal aimed at using taxation tools and other relief packages to help businesses and employees get through the crisis. Five of the nine measures involve tax reduction or tax breaks for businesses afflicted by the […]
Read MoreThe Finance Ministry predicts the 51-billion-baht cash handout to cover one-third of the population, aiming to sustain private consumption in the final quarter. The scheme will cover 24 million people in total, with 14 million holders of state welfare cards and the remainder individuals aged 18 and up, said Lavaron Sangsnit, director-general of the Fiscal […]
Read MoreThe Bank of Thailand has issued digital personal loan regulations, paving a path for consumers with no financial statements to better access financial services. The central bank issued a circular to business operators that want to apply for digital loan business licences to incorporate alternative data for digital personal loan analysis apart from the existing […]
Read MoreCompetition in the online grocery delivery market is expected to escalate as Germany-based food delivery app Foodpanda becomes the latest player to step into the segment under Pandamart. The move highlights the industry players’ focus to capitalise on the “quick commerce” trend, where items are delivered rapidly, rivalling traditional convenience stores and supermarkets. Pandamart faces […]
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