The government has defended a bill to allow foreigners categorised under four specific groups to apply for permission to buy up to 1 rai of land on the condition they invest at least 40 million baht each for at least three years. The bill is simply an amendment to the ministerial regulation that has been in […]
Read MoreThe Finance Ministry on Friday trimmed its 2022 economic growth outlook to 3.4% from 3.5% projected earlier, with the main drivers being a recovery in private consumption and the crucial tourism sector, officials said. The ministry predicts higher economic growth of 3.8% next year, it said. The tourism-reliant country is expected to receive 10.3 million foreign arrivals […]
Read MoreThai tourism should benefit from the Laos-China high-speed railway, with at least 3 million Chinese travelling via this channel once the mainland permits outbound travel, according to the Association of Thai Travel Agents (Atta). “Laos may not have the capability to support a large scale of tourists, in terms of facilities or accommodation. Thailand must take […]
Read MoreThe Bank of Thailand intends to find solutions to make cash deposit machines (CDMs) more convenient, following new regulations from the Anti-Money Laundering Office (Amlo) on their use. Central bank governor Sethaput Suthiwartnarueput said on Thursday that the bank is collaborating with relevant regulatory agencies and the Thai Bankers’ Association to seek solutions for depositing cash at […]
Read MoreThe Thai Chamber of Commerce (TCC) has proposed the Board of Investment (BoI) increase the number of one-stop service centres; improve promotional privileges for all industries across the value chain, including pet food production; encourage joint ventures and regional headquarters in the country; and open more service businesses to foreign investors in an effort to drive investment […]
Read MoreThe baht is moving in line with regional currencies, with external factor the main constraint for managing volatility, Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput said on Thursday. The baht should move in line with market forces and the BoT will only manage to curb excessive moves in the currency, Mr Sethaput told reporters. “We […]
Read More
Thailand
