Even as the general election nears, Prime Minister Prayut Chan-o-cha is pushing the Finance Ministry to complete a new draft Secured Transactions Act to facilitate business operations and raise the country’s ranking in the World Bank’s Ease of Doing Business list. Enforcement of secured transactions is one area where Thailand earned a low score in the […]
Read MoreTourism business leaders have called for the government to use measures and campaigns to boost tourism from other markets if there is no concrete plan to reclaim arrivals from China. Despite several discussions with tourism authorities over the drop in the Chinese market in recent weeks, operators have not yet found a solution. A proposal was […]
Read MoreThe draft cybersecurity bill, which is yet to be completed, is being promoted as an attempt to expand Thailand’s cybersecurity infrastructure, protect national security interests and crack down on cybercrime. Growing public backlash against the bill is causing tremors both online and offline because of concerns over the abuse of power and data privacy breaches. The […]
Read MoreThe Commerce Ministry is scheduled to submit to the cabinet meeting early next month a proposal to remove three service businesses from List 3 of the Foreign Business Act (FBA) to facilitate foreign investment in Thailand. Vuttikrai Leewiraphan, director-general of the Business Development Department, said the removal will not hurt Thai companies because the services will […]
Read MoreThe government has set a lofty export growth target of 8% for next year, while the private sector believes the increase will be 5% at best, citing negative momentum from the prolonged US-China trade dispute. Deputy Prime Minister Somkid Jatusripitak, who chaired Thursday’s joint meeting between businesses, Commerce Ministry officials and international commercial counsellors, said the government […]
Read MoreCambodia and Thailand have agreed to promote the use of single visa for foreign tourits, particularly among those traveling within the Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) countries. In the second Cambodia-Thailand tourism Ministers meeting held in Kampot, the two sides said they planned to bring up the idea of using ACMECS single visa for foreign tourists […]
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Thailand
