Thai businesses need to build data culture and literacy, invest in data science and embrace multi-cloud adoption to drive their data monetisation ability and competitiveness, says technology giant Dell Technologies. “Most businesses in Thailand are struggling with the proliferation of data,” said Noppadol Punyatipat, managing director of Dell Technologies Thailand. “Instead of offering a competitive […]
Read MoreDeputy Finance Minister Santi Prompat says he will discuss with Finance Minister Arkhom Termpittayapaisith the new excise tax structure for cigarettes, which is under review, before proposing it for the cabinet’s consideration next month. A new flat tax rate of 40% was scheduled to be applied since October 2019, regardless of the retail price, but […]
Read MoreThe Thai industrial and logistics property sector has been proclaimed as the preferable market in these uncertain times for developers and investors. And while it has fared better than other commercial property sectors, it has not all been plain sailing, according to the property consultancy CBRE. The industrial and logistics market has undergone areas of […]
Read MoreThe cabinet on Tuesday extended the 7% rate for value-added tax for a further two years. Deputy government spokesperson Rachada Dhnadirek said the rate would remain in force from Oct 1, 2021, to Sept 30, 2023, to support the Covid-affected economy. The Finance Ministry proposed the extension of the 7% rate to support national recovery, […]
Read MoreThe baht opened at 32.88 to the US dollar on Wednesday, strengthening from Tuesday’s closing rate of 32.92, the strongest in almost a month. The Thai currency is likely to move between 32.80 and 33.00 during the day, Krungthai Bank market strategist Poon Panichpibool said. Poon explained that investors had changed their views on the […]
Read MoreFour Japanese investors will spend a total of 10 billion baht within the fourth quarter to develop warehouse and logistics facilities in response to the boom in e-commerce, online shopping and the export sector amid the Covid crisis. Phattarachai Taweewong, associate director of the research and communications department at property consultant Colliers Thailand, said several […]
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