Dip in Homebuyer Assurance Observed
In the Greater Bangkok region, the Housing Purchase Confidence Index (HPCI) exhibited a decline during the first quarter of 2024 compared to the fourth quarter of the previous year. This…
Stricter Measures Anticipated to Shield Children from Vape Products
Authorities are gearing up for swift action to combat the illicit use of electronic cigarettes, emphasizing the necessity to curb their prevalence among minors as manufacturers increasingly target young individuals,…
Interest in Land Bridge Project Grows Among Investors from Three Countries
Leading companies from China, Japan, and the Netherlands participated in a “market sounding” event on Thursday in regards to Thailand’s Land Bridge megaproject, according to a source on Friday. Prominent…
Potential for 40% of Auto Loan Applications to be Declined
The Federation of Thai Industries (FTI) projects that approximately 30-40% of auto loan applications will be rejected this year, mirroring last year’s trends. Concerns persist among lenders regarding bad debt,…
Chadchart Cautions Street Vendors About Income Verification and Tax Obligations
The Bangkok governor, Chadchart Sittipunt, has announced stringent measures to regulate street vendors, which include monitoring their income, imposing taxes, and eventually eliminating sidewalk vending entirely. Following a meeting he…
Unlawful British Tour Guide Apprehended in Koh Phangan
Authorities, led by tourist police inspector Pol Lt Col Winit Boonchit and Koh Phangan district chief Noppadol Khaomali, apprehended 25-year-old Jabran Elahi at a hotel in tambon Ban Tai following…
Expansion and Enhancement Plans for Makro Stores
Makro, a part of CP Extra Plc, is undergoing a brand transformation to modernize its wholesale and retail business, with a focus on expanding its online and offline presence to…
Thai Airways to receive another 12 billion baht in funding
Thai Airways International is set to receive an additional THB12 billion baht (USD325.5 million) investment from Thailand’s Ministry of Finance by October 2024, with the aim of relisting the airline…
Land and building tax revenue expected to reach B43 billion this year
The Finance Ministry is projecting a total collection of 43 billion baht from land and building tax this year, marking an increase of 8 billion from the previous year due…
Decline of 2% in Smartphone Market During First Quarter
In the first quarter of this year, Thailand’s smartphone market experienced a 2% decline due to the sluggish economic recovery, as outlined in a research paper. The introduction of the…