The government should extend its property tax incentives to next year to drive housing market growth in 2022, in line with the projected economic recovery, the Bank of Thailand suggested. Don Nakornthab, the central bank’s senior director for financial stability department, said extending the lower transfer and mortgage fees from the end of 2021 to […]
Read MoreAnother Covid-19 lockdown is unlikely despite the emergence of the Omicron coronavirus variant, Prime Minister Prayut Chan-o-cha insisted on Tuesday, quelling fears among the business community that their revenue could take another hit during the peak season. “Hopefully, this coming New Year will be a happy time. We haven’t had that festive happiness for two […]
Read MoreTHE STAR – Globally, as economies re-open after lockdowns, reports of employers unable to find the workers they require have become ubiquitous across the United States, United Kingdom, Canada, Australia, and parts of the European Union, notes Ernst & Young Consulting Sdn Bhd (EY Malaysia) partner – people advisory services Low Choy Huat. Low told […]
Read MoreThe baht opened at 33.85 to the US dollar on Tuesday, strengthening from the previous closing of 33.89. The Thai currency is likely to move between 33.75 and 33.95 during the day and between 33.60 and 34 during the week, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht might continue to […]
Read MoreKUALA LUMPUR, Dec 7 — The ringgit edged up against the US dollar at the opening today due to better demand in the market although the local note continues to trade in cautious mode, a dealer said. At 9am, the local note rose to 4.2280/2320 against the greenback from 4.2310/2340 at Monday’s close. ActivTrades trader Dyogenes Rodrigues Diniz said the US […]
Read MoreThe local economy should have had expanded by over 7% in the 2020-2021 period, but instead, it settled at 2.91% in 2020 and would achieve an estimated 2.5% this year. The Covid-19 pandemic in the past two years has caused losses of VND847 trillion (U$37 billion) for the local economy. Vice-Chairman of the Party Central […]
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Thailand
