A road corridor has been assigned for the planned Boten-Huayxai Expressway connecting China to Thailand via Laos. The Ministry of Public Works and Transport held a meeting on Friday and approved the selection of 181 km “Corridor K” to traverse Lao lands. The expressway links Boten in Luang Namtha province at the Laos-China border with […]
Read MoreSiam Commercial Bank’s research unit, the Economic Intelligence Center (EIC), expects policymakers to adjust the inflation target to better reflect changing economic circumstances so it can remain an effective instrument in determining monetary policy movement. Even though headline inflation has entered the lower end of the Bank of Thailand’s target inflation range since April after staying […]
Read MoreINCOMES drawn by the nation’s households are likely to begin recovering but their debts remain a drag on consumer spending, Yunyong Thaicharoen, chief economist of Siam Commercial Bank (SCB), said yesterday. Pointing to the tourism industry, Yunyong said the dive boat disaster that claimed the lives of dozens of Chinese visitors off Phuket last week […]
Read MoreThe Tourism Authority of Thailand (TAT) has outlined action plans to encourage travellers to continue to visit secondary provinces next year despite the lack of tax incentives. The government approved tax breaks this year for tourism spending in 55 secondary provinces for individual travellers who spend on accommodation, food and drinks, as well as corporations that […]
Read MoreThe Revenue Department has outlined its plan to adopt artificial intelligence (AI) in tax management to transform the tax- collecting agency into a fully digital organisation and improve efficiency. The department plans to input withholding tax, individual and corporate taxpayer information into its internal database this year to allow data analysis, the first step in its digital […]
Read MoreCambodia and Thailand on Friday concluded negotiations on the transport of goods and people by train across their shared border, with an official agreement expected to be signed in upcoming months. The ball is now on Thailand’s court, according to Cambodian officials, who said they are now waiting on their Thai counterparts to hold internal […]
Read More
Thailand
