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Thai bourse sees uptick as inflation worries deflate

The Thai stock market rose 1.43% to close at 1,667.92 points on Wednesday, in line with global markets, as inflation worries eased following reports of a lower than expected US producer price index (PPI), falling crude oil prices and progress in peace talks between Russia and Ukraine. The Nikkei 225 opened at 25,574.90 points, up […]

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Thailand: Tax waiver set to boost startup funding

The government’s recent approval of a capital gains tax waiver for startup investors is expected to drive funding for local startups up to 320 billion baht over four years and create more than 400,000 jobs, says the Digital Council of Thailand (DCT). The cabinet last week approved a royal decree aimed at waiving capital gains […]

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Thailand: Bids invited for Tak economic zone lease

The Treasury Department plans to call for bids to develop a special economic zone on its land in Tak province, in line with the government’s development policy, says director-general Prapas Kong-Ied. Mr Prapas said the bidding is expected to take place in May. The plot occupies 1,076 rai in Mae Sot district. The department set […]

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Thailand: Nightspots hail end to Covid restrictions

Night entertainment operators have welcomed the news that the Centre for Covid-19 Situation Administration (CCSA) will consider allowing them to resume business activities. According to a source at Government House, an unlocking of night entertainment venues may be listed for a meeting of the CCSA’s operation centre today, before the matter goes to the CCSA’s […]

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Thailand: The commodity price challenge

Credit buffers built up in Asia Pacific countries to withstand risks such as high commodity prices are generally strong, but have been eroded during the Covid-19 pandemic. The impact of energy-market turmoil following the Russian invasion of Ukraine differs significantly for each sovereign debt issuer, but on the whole it is likely to be a […]

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Thailand: Pre-travel tests to be dropped

The government is set to allow tourists to enter Thailand without the need to show proof of a negative RT-PCR test within 72 hours of travel as required by the Test & Go scheme. Dr Kiattiphum Wongrajit, permanent secretary for the Public Health Ministry, said the ministry will propose the easing of certain pre-travel requirements […]

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