Thai Airways International (THAI) has admitted it is looking to delay yet again the resumption of scheduled flights to Aug 1 although this is only a plan, said airline board member Pirapan Salirathavibhaga. Mr Pirapan said the plan was being studied by the airline’s commerce department and it would help the company prepare better in […]
Read MoreThe Eastern Economic Corridor (EEC) subcommittee plans to seek approval from the committee chaired by Prime Minister Prayut Chan-o-cha to allow foreign business travellers to enter the country subject to quarantine. The proposal is aimed at maintaining investment momentum this year, said Kanit Sangsubhan, secretary-general of the EEC Office. The Japanese Chamber of Commerce, Japan […]
Read MorePhuket’s property market will take at least two years to recover because the fallout from the coronavirus is hitting one of the world’s top tourist destinations harshly, says the Phuket Real Estate Association. Boon Yongsakul, the association’s vice-president, said the Phuket property market has suffered a severe impact from the pandemic because the local economy […]
Read MoreThe baht surged the most in a year on Thursday, defying a selloff among emerging Asian currencies and testing the central bank’s patience after it warned of economic risks from continued appreciation. The baht advanced as much as 1.1% against the dollar, the most since June 2019. The Thai currency has breached its 200-day moving […]
Read MoreThe government’s push to collect value-added tax (VAT) from foreign digital platforms could level the playing field between domestic and foreign players, but risks increasing the service costs that may be passed on to consumers, according to industry veterans. Concerns have also been raised on how the move could be practically enforced. The fresh push […]
Read MoreThe Treasury Department has proposed a 50% reduction in rental fees for state lands used for commercial purposes by businesses to reduce operators’ financial burdens and help maintain the employment rate. Details of the rental reduction are being deliberated, along with conditions for renters, said director-general Yuttana Yimgarund. For instance, business operators would have to […]
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