The Fiscal Policy Office (FPO) has maintained its average forecast for Thai economic growth this year at 4%, mainly as a result of recovering domestic consumption and the tourism sector, says the office’s director-general Pornchai Thiraveja. The FPO predicted economic growth this year within a range of 3.5-4.5%, he said on Friday. The office upgraded […]
Read MoreWith more than 465,000 tourists expected at Suvarnabhumi airport between Jan 26 and Feb 7, during the Chinese New Year festivities, the government says it is fully prepared for the resumption of the Test & Go scheme this Tuesday. When Test & Go resumes on Feb 1, travellers will be required to take two tests, […]
Read MoreThe Revenue Department plans to ease tax rules for investments in digital assets by allowing traders to offset annual losses against gains for taxes due on cryptocurrency investments, and exempt transactions from withholding tax and value-added tax, which is normally collected at 15 and 7 per cent respectively. “The rules will apply to transactions conducted […]
Read MoreStarting from 1 February 2022, Bangkok Airways will increase its direct service between Bangkok (Suvarnabhumi) and Phnom Penh (Cambodia) to two flights a day to support the increasing travel demand between the two cities. The added services between Bangkok and Phnom Penh will be operated by Airbus A319 or A320 aircraft. The outbound flight PG935 […]
Read MoreThe Bank of Thailand announced conditions to establish a joint venture asset management company (JV AMC) to support financial institutions managing bad debt for the long term as the pandemic persists. The conditions to create a JV AMC are effective from Thursday and financial institutions can apply for a licence for the next three years. A […]
Read MoreThe Association of Thai Travel Agents (Atta) says international arrivals may exceed 5 million this year if the government starts travel bubbles with Asian partners as the Test & Go scheme alone is not enough of an enticement for those who face quarantine upon their return. Thailand should also prepare for the Saudi Arabian market […]
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