Restaurants Criticize VAT Hike Plan, Warn of Inflation
The Thai government plans to raise VAT from 7% to 10% by 2030 to improve fiscal stability. However, restaurant industry leaders oppose the move, warning it will cause inflation and…
Oil Fund Presents Four Urgent Agenda Items as Auttapol Examines Diesel Price Cap at 30 Baht
Photo Credit: Thailand-Construction.com Thailand’s Oil Fund has presented four urgent issues to the Ministry of Energy, including a review of the diesel price cap set at 30 baht, updates to…
Thai Rice Industry Faces Crisis as Yields Drop, Costs Increase, and Export Prices Reach 15-Year Low
Thailand’s longstanding rice crisis has reemerged, with new data indicating continued declines in yields per rai, rising production costs, collapsing domestic rice prices, and export prices hitting their lowest point…
Inflation Continues to Ease for Seventh Consecutive Month
According to the Ministry of Commerce, the headline Consumer Price Index (CPI) dropped by 0.76% year-on-year to 100 in October, marking the seventh consecutive month of decline. Nantapong Chiralerspong, Director-General…
Gulf Declines KBank’s Proposal for Share Repurchase
Kasikornbank (KBank)’s share repurchase program has attracted market attention following reports that the bank requested its major shareholder, Gulf Development (Gulf) Plc, to refrain from selling its KBank shares during…
Shippers Advocate for Fair and Equitable Trade Agreement
The Thai National Shippers’ Council (TNSC) advocates for strengthened cooperation between Thailand and the United States within a reciprocal trade framework, emphasizing the importance of the government prioritizing national interests…
PM Anutin to Discuss Thai Rice Agreement with Xi
Prime Minister Anutin Charnvirakul plans to ask Chinese President Xi Jinping to fast-track the decision on China’s purchase of 500,000 tonnes of Thai rice during their meeting at the APEC…
Thailand’s Minister Affirms No Manipulation of Currency
Finance Minister Ekniti Nitithanprapas stated on Wednesday that Thailand is not involved in currency manipulation and the central bank has the necessary tools to manage the currency without intervention. He…
Exports Anticipated to Increase by Up to 10.4%
The Ministry of Commerce forecasts Thailand’s exports will grow between 9.4% and 10.4% this year, supported by clearer US tariffs, global recovery, and rising demand for digital, agricultural, and food…
US Announces Thailand Agrees to Remove Trade Barriers and Meet Purchase Requirements
Thailand has agreed to eliminate trade barriers on US food, agricultural, medical, digital, and film products, and to make significant purchases of aircraft, energy, and farm goods with predetermined minimum…