The government’s plans to exempt tourists from visa-on-arrival fees to attract foreign travellers is unlikely to happen this year, according to Tourism and Sports Minister Weerasak Kowsurat. He said at a meeting with the private sector on Thursday that Chinese tourists have already finished their travel planning for the high season this year and will resume their […]
Read MoreThailand’s small- and medium-sized enterprises (SMEs) are the most active in Southeast Asia when it comes to investing in technology to drive business performance, according to the results of the Asean SME Transformation Study by United Overseas Bank (UOB), EY and Dun & Bradstreet. The study found that 73 per cent of Thai SMEs prioritised […]
Read MoreThailand climbed two spots to 38th place in this year’s World Economic Forum (WEF) global competitiveness index 4.0 rankings of 140 nations. The kingdom saw its score edge up from 66% last year to 67.5%. The global competitiveness index (GCI) 4.0 measures national competitiveness — defined as the set of institutions, policies and factors that […]
Read MoreMINOR International (MINT) has entered into a joint venture agreement with Vietnam Investments Group (VI Group) to operate as the master franchisee of The Coffee Club brand in Vietnam. Under the partnership, the joint venture’s initial plan is to open 100 outlets of The Coffee Club over the next five years. Minor International did not […]
Read MoreThe government plans to exempt visitors from visa-on-arrival fees during November and December as it strives to salvage falling tourist numbers, especially from China. The initiative floated by Deputy Prime Minister Somkid Jatusripitak aims to reassure Chinese tourists, whose numbers have declined since the Phuket boat tragedy in July. Yuthasak Supasorn, governor of the Tourism […]
Read MoreThe Revenue Department is letting individual taxpayers claim an income tax deduction for prenatal care and childbirth expenses of up to 60,000 baht per tax year, with retroactive effect from Jan 1 this year, according to a department announcement. The new tax deduction is aimed at encouraging people to have more children as Thai society […]
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