The Revenue Department could lower its tax revenue target for fiscal 2020 because business has been stunted by the Covid-19 outbreak, spokeswoman Sommai Siriudomset said on Friday (March 6). The target is currently Bt2.116 trillion, she said, but many state economic agencies have lowered growth forecasts for gross domestic product in 2020. To ease taxpayers’ […]
Read MoreManaging a virus epidemic can be a daunting task for any administration, but inefficiency by the government for its perceived failure to contain the coronavirus outbreak in Thailand has drawn waves of criticism both online and offline. From information transparency to a slow response on urgent issues, the latest conflicting statements on quarantine requirements is […]
Read MoreAFP – Malaysia and Thailand have barred a cruise ship carrying about 2,000 people, including dozens of Italians, from docking because of fears about COVID-19, according to officials. The Costa Fortuna was first turned away from the popular Thai holiday island of Phuket on Friday, despite there being no suspected virus cases aboard, according to its operator. Thai […]
Read MoreSINGAPORE/HONG KONG: British retailer Tesco was set to assess bids by Thai billionaires for its Asian business on Sunday, a potential deal which could be worth just over US$10 billion, four banking sources with knowledge of the matter said. A final decision by Tesco could mark the end of a three-way tussle for control of […]
Read MoreThe SET Index is expected to react this week to the government’s new stimulus package and the latest developments in the new coronavirus (Covid-19) situation. The Stock Exchange of Thailand Index is expected to move to the support level of 1,355 to 1,335 lower bound while resistance level is expected to be between 1,380 to […]
Read MoreThe percentage of Thais living in poverty has fallen dramatically over the past three decades, from over 65% in 1988 to under 10% in 2018. However, that trend has reversed in recent years with stalled household incomes and consumption bringing a rise in poverty, according to a new World Bank report. Between 2015 and 2018, the […]
Read More
Thailand
