The Tourism Authority of Thailand (TAT) is implementing its “Visit Thailand Year 2022: Amazing New Chapters” campaign to help revive the country’s tourism sector while playing a positive role in the overall economy. TAT governor Yuthasak Supasorn said the campaign will focus on Thailand’s soft power assets which include food, film, fashion, festivals, traditions, music, […]
Read MoreThailand’s headline inflation rate is expected to top the Bank of Thailand’s forecast of 1.7% this year, but should remain within its target range, central bank officials said on Friday. Inflation would exceed the BoT’s target range of 1% to 3% in early 2022 before falling in the second half of the year, they said. […]
Read MoreThe Finance Ministry will at the Tuesday Cabinet meeting propose the option of reducing excise tax for diesel to less than 3 baht per litre, a source was quoted as saying by Thansettakij. The source said a new draft decree on the Revenue Code is being prepared in response to the continued rise of crude […]
Read MoreThe collection of a tourism fee from foreign visitors will be delayed by at least two months from the scheduled date of April 1 as payment methods have not yet been concluded. Tourism operators had bemoaned the collection of the 300-baht fee as untimely, given the industry’s weak recovery from the pandemic. Tourism and Sports […]
Read MoreThe baht opened at 32.76 to the US dollar on Friday, weakening from Thursday’s close of 32.63. The Thai currency is likely to move between 32.65 and 32.85 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. He said the baht weakened less than expected as foreign investors bought Thai stocks and short-term bonds […]
Read MoreSuphan Mongkolsuthi, chairman of the Federation of Thai Industries (FTI), expressed concern about the case that transport operators will start to increase delivery costs by 15-20 per cent, seeing that it will affect overall cost production for sure since it shared approximately 10 per cent of the product cost. As long as there is a […]
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