The reduction in the excise tax on diesel took effect on Friday, resulting in the pump price falling by two baht per litre. Government House announced that the Royal Gazette on Thursday published the new rate of excise tax on diesel, which would run until May 20. The rate is temporarily reduced by three baht […]
Read MoreThailand’s gem and jewellery exports excluding gold are expected to grow by 15%-20% this year, driven by the global economic recovery and increasing economic activities as well as less severe symptoms caused by the Omicron variant. Sumeth Prasongphongchai, director of the Gem and Jewelry Institute of Thailand (GIT), said many Thai trading partners adjusted their […]
Read MoreHotel operators are clamouring for RT-PCR testing upon arrival for foreign visitors to be eliminated from requirements to avoid a tourism collapse as the resumption of the Test & Go scheme alone is not enough to create momentum. Adding perspective at “Bangkok Post Conference 2022: Omicron Crisis”, a chief economist believes the tourism industry will […]
Read MoreVarious tourism business operators in the South and the East as well as the Thai Hotels Association are calling on the government to fully reopen the country to international tourists by lifting all remaining Covid-19 restrictions from next month. In an open letter addressed to Prime Minister Prayut Chan-o-cha and other officials dated Wednesday, the […]
Read MoreThe baht opened at 32.14 to the US dollar on Friday, strengthening from Thursday’s close of 32.18 to its highest level in seven months. The Thai currency is likely to move between 32.10 and 32.20 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht was supported by gold trading […]
Read MoreA three-baht reduction in the excise tax for diesel oil, which takes effect from midnight on Thursday, will cost the state 17 billion baht in lost revenue over the next three months, but will benefit the country’s economy in the long term, Excise Department director-general Lavaron Sangsnit said. He said on Thursday that the excise […]
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Thailand
