Thailand expects to implement a global minimum corporate tax of 15% on multinational companies from January 2025, its finance minister said on Friday. The government will urgently issue a law on the tax collection, Pichai Chunhavajira said on a local…
Thailand’s Board of Investment (BoI) has announced that the government would extend deadlines for electric vehicle (EV) manufacturers to meet domestic production quotas, addressing weak local market demand. Under the current EV 3.0 incentive program,…
The Thai government is constructing a new bridge to link Chanthaburi province in eastern Thailand with Pailin province in Cambodia, with an estimated cost of 15 million baht (US$431,400). During his visit to the Ban Pakkad border checkpoint in Pong Nam Rong…
The network is equipped to handle the anticipated increase in usage during the year-end and peak tourism season in the south. It incorporates advanced technology to enhance its digital infrastructure and serve various sectors, including government, services,…
Thailand has kicked off the One Tambon, One Digital (OTOD) “Digital Durian” project to help 8.8 million durian farmers improve their productivity. Thailand’s Digital Economy Promotion Agency President Nuttapon Nimmanphatcharin said the OTOD Digital Durian…
All imported Shine Muscat grapes have met food safety standards, according to the Thai Food and Drug Administration (FDA), responding to public concern about recent reports of chemical contamination. The agency’s food and drug inspection division seized 6.93…
GDS has announced that they will invest up to USD 1 billion over the next five years in data center projects in Chonburi, in partnership with real estate developer, Amata. Lees ook: AirAsia resumes direct flights to Kota Kinabalu from Hangzhou
Thailand’s Ministry of Labor is planning to export more workers, particularly those in the shipyard sector, to Singapore. Singapore is looking for welders in the shipbuilding sector, skilled workers in electronic parts, and experienced construction workers,…
The collaboration aims to support the IoT and AI Manufacturing Line Analysis Project through several key objectives. It focuses on advancing technology by promoting the integration and expansion of IoT and AI technologies within Thailand’s industrial sector.…
Thai rice export prices fell to a 14-month low this week due to weak demand and competition from other rice exporting countries. Thai 5% broken rice was priced at US$560 per ton, the lowest level since July 20, 2023 and down from $565 last week. A…
The Thai Government is considering granting freelance workers the same welfare benefits as those registered with the Social Security Fund (SSF), given that they pay income taxes. According to Minister of Tourism and Sports Sorawong Thienthong, the Government…
Thai businesses are pressing the central bank to take measures to stabilise the domestic currency (baht), which has rapidly gained strength and could impact fourth-quarter growth. Speaking at a press conference on September 23, Deputy Chairman of the Thai…
Vietnam exported 1.12 million tons of rubber worth US$1.76 billion in the first eight months of 2024, customs data show. This marked a 7.2% year-on-year decline in volume but a 8.4% growth in value from the same period last year, according to the General…
Thai rice prices fell to their lowest in over a year as bidders were forced to reduce their prices in a recent auction held by Indonesia. Thai 5% broken rice was priced at US$550-565 per ton this week, the lowest since July 20, 2023, down from $585 quoted…
The price of kluay hom thong banana or “golden bananas” in Thailand has doubled to 30 baht (US$0.89) amid growing demand. Somchai Nunual, leader of the golden banana and fruit safety group in Bang Kaew district in Thailand’s Phatthalung province, said the…
Thai wellness brand Panpuri has made its international debut, beginning with its first flagship located in K11 Musea, Hong Kong. Designed in partnership with MLKK Studio, the boutique is inspired by the concept of “The Perfumist’s Chamber”, which combines the…
Retail Academy: Thailand
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