Hospitality group Centara Hotels & Resorts has signed a memorandum of understanding (MoU) with Asia Investment Development & Construction Sole Co (AIDC) to manage three hotels in Laos. AIDC is an established investment and construction company in Laos. The three hotels in Laos have a combined 214 room keys in Vientiane and Luang Prabang. Suthikiati Chirathivat, […]
Read MoreBerli Jucker Plc (BJC), the owner of Big C Supercenter, plans to spend 10 billion baht to expand its retail business next year. Charoen Sirivadhanabhakdi, chairman of TCC Group, the owner of Berli Jucker Plc, said during Thursday’s Big C Expo 2018 that the company’s overall business has done quite well and that he is committed […]
Read MoreCentara, a Thai hospitality group led by Suthikiati Chirathivat, board chairman (fourth from the right), has signed a memorandum of understanding with Asia Investment, Development and Construction Co Ltd (AIDC), an investment and construction company in Laos. The agreement paves the way for Centara to enter into management agreements for three hotels in Laos in […]
Read MoreThe latest round of US tariff hikes on an additional US$200 billion (6.49 trillion baht) worth of Chinese goods is expected to help Thai exports, offering opportunities to replace the Chinese products in the US market, according to a Commerce Ministry study. Pimchanok Vonkorpon, director-general of the Trade Policy and Strategy Office under the Commerce Ministry, […]
Read MoreTHE Department of Foreign Trade aims to increase the percentage of Thai businesses cashing in on tax incentives under the Asean Free Trade Agreement (Afta) to 70 per cent this year, up from 63.04 per cent in 2017. “Our job is to let Thai people know that they have the opportunity to export to other […]
Read MoreThe cabinet has approved a value-added tax (VAT) payback plan for welfare recipients. The scheme is intended to create more disposable income for low-income earners while strengthening their purchasing power. The six-month scheme, capped at 500 baht a month, will start in November next year. Based on the current 7% VAT rate, welfare smart card […]
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