Thai exporters used tax incentives from the free trade agreement (FTA) and generalised system preference or GSP worth US$42.7 billion (Bt1.38 trillion) in the first seven months of this year – up 18.95 per cent from the same period of this year, Adul Chotinisakorn, director-general of the Department of Foreign Trade of the Commerce Ministry […]
Read MoreCHEVRON THAILAND Holdings Ltd, PTT Exploration and Production Plc (PTTEP) and PTTEP Energy Development competed yesterday in an auction for the Erawan and Bongkot petroleum fields. Meanwhile, a citizen’s group is demanding a halt to the auction until proper negotiation takes place. Representatives of the companies submitted their auction documents to the Department of Natural Fuels […]
Read MoreThai and US businesses pledged Monday to set up an economic and business promotion committee and partner to promote Thailand’s digital economy and Thailand-US digital trade and investment. Kalin Sarasin, chairman of the Thai Chamber of Commerce, said the chamber signed two memorandums of understanding (MoU) with its US counterpart led by John Goyer, executive director for […]
Read MoreThailand’s border trade remains on course for steady growth, with figures over the first eight months this year rising 6.51% from the same period last year. Adul Chotinisakorn, director-general of the Foreign Trade Department, said overall border trade, including transit trade, amounted to 922 billion baht in the first eight months of the year, helped by […]
Read MoreAuctions were scheduled for today on concessions for the Erawan and Bongkot offshore natural gas fields, Energy Minister Siri Jirapongphan said yesterday. The fields have a combined output topping 70 per cent of all Gulf of Thailand output, he said. Chevron Corp operates the Erawan field and state-owned PTT Exploration and Production Plc runs the […]
Read MoreThree applicants have proposed to offer refund services for value-added tax (VAT) for foreign tourists, says the Revenue Department. Stores registered as juristic entities submitted their applications from Sept 7-17 to become representatives of the Revenue Department in offering VAT refund services for foreign tourists, said Ekniti Nitithanprapas, director-general of the Revenue Department. The essential criteria […]
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