Rising oil prices are unlikely to create a major headwind for the country’s ongoing economic growth, a sharp departure from the financial turbulence experienced after oil prices hit UScopy00 a barrel for the first time in 2008, says Deputy Prime Minister Somkid Jatusripitak. Mr Somkid’s position, however, has sparked a wave of scepticism from the private […]
Read MoreThe terms of reference (ToR) for the 224.54-billion-baht high-speed railway linking Don Mueang, Suvarnabhumi and U-tapao airports to serve the much-touted Eastern Economic Corridor (EEC) scheme are scheduled to be unveiled today. Deputy Prime Minister Somkid Jatusripitak said interested private firms will be allowed to buy the ToR next week after today’s joint announcement by the […]
Read MoreTHE Thai Fintech Association has joined with a company, ICORA, to offer a course to demystify what they call the crypto-asset revolution with the aim of encouraging investment in the rapidly advancing asset class. Coinciding with the announcement of the course, they called on the Revenue Department to scrap the high tax rates imposed on […]
Read MoreAlibaba Business School, the Industrial Promotion Department (IPD) and the International Trade Promotion Department (ITPD) have begun a long-term joint e-commerce training programme that seeks to develop a digital mindset among aspiring entrepreneurs, government officials, college lecturers and students across Thailand. The programme is part of Alibaba Group’s commitment to Thailand under the scope of […]
Read MoreAuthorities are keeping a close watch on the prices of consumer products and food after diesel and liquefied petroleum gas (LPG) prices gained. Boonyarit Kalayanamit, director-general of the Internal Trade Department, said Tuesday the department’s officials have been assigned to closely monitor and inspect food and consumer product prices in markets. He said it will be […]
Read MorePETALING JAYA: The audacious move by the Pakatan Harapan government to abolish the goods and services tax (GST) may not necessarily derail Malaysia from its fiscal deficit target, as feared by many economic pundits. While credit rating agency Moody’s described the removal of the consumption tax regime as “credit negative”, several economists expect Malaysia to […]
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Thailand
