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Thailand: Tax cut on diesel extended to Jan 20

The cabinet on Tuesday agreed to a fifth extension of the excise tax cut on standard diesel, until Jan 20. Finance Minister Arkhom Termpittayapaisith said the weekly cabinet meeting approved continuing the excise tax cut of five baht per litre for two months from Nov 21.  The tax reduction will mean another 20 billion baht […]

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Thailand: On-demand app struggle poised to intensify in 2023

Thailand’s on-demand commerce battle between “super apps” is expected to intensify in 2023 amid slower market growth, economic headwinds and an exodus of funding, as some food delivery players are likely to exit the market next year, according to industry pundits. “In 2023, the intense battle will shift from e-marketplaces to on-demand commerce players,” said Pawoot […]

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Thailand: Rice exports up 39.1% y/y in first 9 months

Thailand’s rice exports were up 39.1% in the first nine months of this year, compared to the same period a year earlier, the Agriculture Ministry said on Monday. Thai rice exported reached 5.41 million tonnes in the January to September period this year, it said in a statement. Source: https://www.bangkokpost.com/business/2437602/rice-exports-up-39-1-y-y-in-first-9-months

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