New Legislation Proposed to Tax Overseas Income
The Thai Revenue Department is in the process of drafting a law to impose taxes on income earned by individuals residing in Thailand from foreign sources. According to Kulaya Tantitemit,…
AoT Sets Ambitious Goals with New Airport Plans
Airports of Thailand (AoT) has announced plans to expand its six international airports to accommodate up to 210 million passengers by 2032. On Friday, AoT director Kerati Kijmanawat presented the…
B21 Million Allocated for Mpox Vaccines
The Department of Disease Control (DDC) has set aside a budget of 21 million baht to acquire 3,000 doses of the mpox vaccine. The MVA-BN vaccine, developed in Denmark, is…
Foreign E-Commerce Companies Required to Establish Offices in Thailand
Foreign e-commerce operators will be mandated to establish registered offices in Thailand under the newly proposed digital platform service law, as stated by the Electronic Transactions Development Agency (ETDA). The…
New Airport Facility Set to Establish Regional Logistics Hub
Airports of Thailand Ground Aviation Services (AOTGA) anticipates that its newly inaugurated Multimodal Transportation Centre at Suvarnabhumi Airport will help position Thailand as a regional logistics hub, enhancing goods transportation…
Thai EV Sales Expected to Fall Short of Target Due to Banks Limiting Loans Over Debt Concerns
Thailand’s electric vehicle (EV) sales are projected to fall short of targets this year as lenders adopt a cautious approach in approving new auto loans amid soaring household debt, according…
Inflation Rises by 0.35% in August
Inflation rose by 0.35% in August, largely driven by an increase in prices for fresh vegetables and fruits due to flood damage in key production areas. Poonpong Naiyanapakorn, director-general of…
Thai Stocks and Baht Surge Following Cabinet News
Thai stocks experienced their largest increase since March of last year, while the baht also saw a significant rise due to positive sentiment regarding policy stability following the establishment of…
Sugar Production Remains Sufficient Despite Drought Impacts
The domestic sugar supply is adequate to meet demand from both industrial and household sectors this year, with total consumption reaching 1.27 million tonnes in the first half, according to…
Singha Estate Sells 56 Rai of Land to Taiwanese Company
SET-listed Singha Estate has sold 56 rai of industrial land in Ang Thong to a Taiwanese printed circuit board (PCB) manufacturer, potentially paving the way for further development of Thailand’s…