Trade of assets, such as cryptocurrencies, stocks and mutual funds, will become the most popular online activity in Thailand after Covid-19 eases as users pay more attention to online platforms to seek revenue or career changes, according to a survey by the Electronic Transactions Development Agency (ETDA). This finding was drawn from ETDA’s “Thailand Internet […]
Read MoreThe Finance Ministry might slap a tax on share sales by individual investors in the Stock Exchange of Thailand (SET) next year to generate additional revenue, says Finance Minister Arkhom Termpittayapaisith. The financial transaction tax has been on the books for around 30 years, but has always been waived. Mr Arkhom said the ministry needs […]
Read MoreMedical services, beauty and e-commerce are expected to maintain their bright growth outlook in 2022, driven by the persistent pandemic and changing consumer behaviour based on a digital economy. Thanavath Phonvichai, president of the University of the Thai Chamber of Commerce (UTCC), said the virus crisis has driven consumers in Thailand to be concerned more […]
Read MoreThe Tourism Authority of Thailand (TAT) is planning a massive marketing campaign engaging 26 global and regional influencers to promote the country’s reopening, including Thai-British Formula One driver Alex Albon among the candidates. The project, named “Amazing New Chapters: From A-to-Z Thailand has it all”, will focus on influencers with lots of followers to represent many […]
Read MoreKrungthai Compass, a research house under Krungthai Bank (KTB), predicts the Thai economy will start to recover next year with a growth rate of 3.8%, rising from a forecast of 1% this year. The 3.8% growth rate for GDP in 2022 would be supported by domestic consumption and private investment, in line with improving confidence […]
Read MoreThe baht opened at 33.41 to the US dollar on Friday, strengthening from Thursday’s closing rate of 33.42. The Thai currency is likely to move between 33.35 and 33.45 to the greenback during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht is likely to strengthen slightly because the dollar […]
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