Tax refunds face delays due to a rise in fraudulent filings in the 2023 fiscal year.
The delay in issuing personal income tax refunds this year can be attributed in part to stricter document verification procedures, prompted by a surge in the submission of counterfeit documents…
Major Real Estate Developers Pinning Hopes on Nonthaburi
Eight prominent developers have either launched or are gearing up to introduce a total of 4,600 residential units in Nonthaburi, spanning 1,300 rai, with an estimated collective sales value of…
SET Reveals New Vision to Facilitate Stakeholders in Transformation
The Stock Exchange of Thailand (SET) has announced plans to advance the digital capital market alongside the traditional capital market to create more opportunities for businesses of all sizes to…
Thai Banks Report 1.2% Increase in Loan Growth
The Thai banking sector has recorded modest loan growth in the initial four months of the current year, largely influenced by stricter loan standards in the backdrop of a sluggish…
A decline of 11% in car production leads to a drop in domestic sales.
According to the Federation of Thai Industries (FTI), car production in Thailand declined by 11.02% in April compared to the same period last year, totaling 104,667 units. This decrease followed…
Startup Companies Strive to Benefit from Digital Wallets
Startup communities have appealed to the Finance Ministry for the opportunity to engage in the government’s digital wallet initiative. Expressing their desire to leverage the forthcoming launch of the digital…
Bank of Thailand Focuses on Expanding Digital Payment Services
The Bank of Thailand is actively expanding the digital payments ecosystem to enhance accessibility for both Thai citizens and foreigners, as stated by an official at the institution. Here are…
SET attempts to surpass the 1,400 barrier once more.
Continued horizontal movement characterizes Thai share prices, with the SET index facing resistance at the 1,380 level and eyeing the 1,400 mark over the previous week. Market performance remained rangebound,…
China increases production of electric vehicles in Thailand.
Chinese car manufacturers are set to boost the production of electric vehicles (EVs) in Thailand this year by locally manufacturing a significant portion of the vehicles. According to the Board…
Cabinet Approves 10-Year EEC Visa for Foreign Nationals
The cabinet has given the green light for a specialized 10-year visa intended for executives and experts engaged in activities within the Eastern Economic Corridor (EEC) to further boost targeted…