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Cambodia-Thailand rail reconnected after 45 years

A railway reconnecting Cambodia and Thailand was officially inaugurated on Monday following a 45-year hiatus, with the two kingdoms’ prime ministers in attendance at the ceremony. On the occasion, Cambodian Prime Minister Hun Sen and Thai Prime Minister Prayut Chan-o-cha travelled together from Thailand’s Khlong Luek Railway Station to Poipet Station in Banteay Meanchey province. […]

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Thailand: Tax perk for property buyers on the cards

The Revenue Department has proposed a tax deduction for property buyers as part of a seven-measure package to prop up economic growth during the transition to a new government. Several tax measures for the property sector have been proposed to the Fiscal Policy Office (FPO), said Ekniti Nitithanprapas, director-general of the department. The Finance Ministry […]

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Thailand: Exports flag on external headwinds

Thailand’s exports remain in the doldrums, with the performance in March dropping after an unexpected increase in February.  The Commerce Ministry reported on Monday Thailand’s customs-cleared exports fell 4.88% year-on-year in March to US$21.4 billion after a 5.9% rise in February to $21.6 billion.  The uptick in February was largely due to a one-time shipment of […]

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Thailand, Myanmar boost cooperation in tourism development

Bangkok (VNA) – Thailand and Myanmar have signed a cooperation deal to promote tourism routes connecting ancient cities of the two countries in preparation for a travel boom expected from the Association of Southeast Asian Nations (ASEAN). Thailand’s Designated Areas for Sustainable Tourism Administration (DASTA) recently signed a memorandum of understanding (MoU) with Myanmar authorities to […]

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Thailand, Cambodia ready to relaunch rail link

Thailand looks set to re-establish a rail link with Cambodia 45 years after the two countries terminated cross-border train service.  Prime Minister Prayut Chan-o-cha and Cambodian Premier Hun Sen will preside over a ceremony to reopen the track connecting Aranyaprathet district of Sa Kaeo with Cambodia’s Poipet town on Monday.  The two leaders will meet at Ban […]

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Thailand in lead pack for Asean capital markets

THAILAND ranks in the top three of capital markets in Asean and is expected to stay in the leading pack in 2030, trailing only Singapore and Indonesia, a study indicates. The report, Capital Markets in 2030, drew on research by The Economist Intelligence Unit on behalf of PwC.  The survey asked nearly 400 executive at […]

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