IT’S BEEN a year since the two new laws affecting trade, the Excise Tax Act B.E. 2560 and the Customs Act B.E. 2560, were implemented. So now might be a good time for the two departments to review the current situation, now that companies are more familiar with the changes. After all, the Customs Act […]
Read MoreThe Fiscal Policy Office (FPO) is maintaining its forecast for the country’s economic growth at 4.5% as private consumption picks up and investment counters sagging global demand. Private consumption and investment are gaining momentum, in tandem with the falling unemployment rate and higher farm income as crop output rises, said fiscal policy adviser Warotai Kosolpisitkul. […]
Read MoreBilateral trade between Cambodia and Thailand reached $3.16 billion in the first nine months – an increase of 14.08 per cent year-on-year. Imports to Cambodia were worth $2.65 billion, representing a 19.26 per cent increase in contrast with exports to Thailand that was valued at merely $543.26 million or a 6.2 per cent drop. “Border […]
Read MoreChiang Khong district in Chiang Rai province is highly likely to be chosen to develop a cross-border special economic zone (SEZ) in the Golden Triangle under the Lancang-Mekong Cooperation scheme to expand economic links for Thailand, Myanmar, Laos and China. Commerce Minister Sontirat Sontijirawong said the ministry prefers Chiang Khong for the first cross-border SEZ because […]
Read MoreSmall and medium-sized enterprises (SMEs) that provide logistics, transport and service systems by themselves shoulder higher costs than outsourcing, according to a survey by the University of the Thai Chamber of Commerce (UTCC). The survey on logistics adoption and management of Thai SMEs showed logistics cost accounts for 30.6% of small business operators’ total costs for […]
Read MoreBangkok (AFP) – Hair pulled back tightly as she lounges on her red scooter, Ar is a rare sight among the male-dominated ranks of Bangkok’s motortaxi riders plying their trade on the Thai capital’s treacherous roads. A veteran of seven years who works in the bustling On Nut district, Ar is among the thousands of […]
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Thailand
