THE TAP-WATER business in Laos’ top tourist destination Luang Prabang has enormous potential for growth due to the rapid expansion of tourism, a high-speed rail project in the works and high demand for water utilities across the country, according to Exim Bank and Thai investors in Laos. Tap water supplies have gone up rapidly in […]
Read MoreTHE COMMERCE Ministry has set the nation’s target inflation for 2019 at 1.2 per cent, the same as for 2018. The ministry also reported that inflation in November was 0.94 per cent higher than the same period last year. “The Consumer Price Index [CPI] for November has increased by 0.94 per cent year on year, […]
Read MoreTrade between Cambodia and Thailand reached $7 billion during the first nine months of the year, exceeding figures for the entire last year. The trade figures for the nine-month period reflect Cambodia and Thailand’s commitment to reach $15 billion in bilateral trade by 2020, said the Cambodian Minister of Commerce, Pan Sorasak. Speaking at a meeting on Friday in the […]
Read MoreFinance Minister Apisak Tantivorawong has raised an eyebrow at the Excise Department’s proposed tax on salty foods, saying it is insufficient as written as a lot of effort would be required for the enforcement of a minimal levy amount. Imposing a tax on foods containing high sodium levels also has a wide impact on consumers, he […]
Read MoreThe Consular Affairs Department will launch its first e-visa service in February, starting with it being available in Beijing with a plan to gradually expand to other countries over three years. The department annpounced on Monday it had joined with Kasikornbank, which will handle the payments side, in making the service available. From Feb 15, applicants […]
Read MoreThe Thai Bankers’ Association stands ready to discuss cutting debit card issuance fees as requested by Finance Minister Apisak Tantivorawong, to add to the government’s proposed value-added tax (VAT) refunds during next year’s Chinese New Year. The association’s members have yet to discuss the issue, but it stands ready to invite all 15 bank members to […]
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