Industries

Inflation hits sentiment in Thai industry

The Thailand Industry Sentiment Index (TISI) fell to a seven-month low of 84.3 points in May amid economic uncertainties ranging from rising inflation to political conflicts overseas, says the Federation of Thai Industries (FTI).The inflation rate hike and prolonged global oil price surge, driven by ...

Lamonphet Apisitniran

New tax law could provide spark to Thailand’s global EV hub dream

A new tax law introduced today could provide the spark to realize Thailand’s global electric vehicle hub dream.The Excise Department in Bangkok revealed a law governing the reduction of the EV tax from 8% to 2% will be published tomorrow in the Royal Gazette and ...

April factory output rises 0.56% y/y, below forecast

Thailand’s factory output in April rose at a smaller pace than expected as higher costs continued to affect production, despite improved economic activity, the industry ministry said on Monday.The manufacturing production index (MPI) rose 0.56% in April year-on-year, below a forecast rise of 1.6% in ...

TAT keen on 20m goal

Thai tourism remains on course to reach 20 million arrivals next year as the prime minister predicted, following the easing of travel rules on May 1, according to the Tourism Authority of Thailand (TAT).“The industry next year is poised to strengthen from this year, making ...

Bangkok Post Reporter

Deep dive into Thailand's EV perks package

The government recently approved an array of incentives, including lower excise tax and import duties on significant auto parts, in a bid to make electric vehicles (EVs) more appealing to both car buyers and manufacturers.What are the incentives for EVs?The incentives recently approved by the ...

Bangkok Post Reporter

Thai tourism sector calls for easing of COVID-19 requirements to boost arrivals

Tourism organisations in Thailand have called on the government to ease the COVID-19 requirements for international visitors to boost arrivals in time for the Easter holidays in April.Presidents of 20 tourism associations and councils submitted a letter to Prime Minister Prayut Chan-o-cha and related officials, ...

Thai tourism sector seeks more sandbox schemes

The business sector is calling on the government to implement sandbox schemes in destinations like Pattaya in Chonburi, Rayong and some parts of Bangkok, Sanan Angubolkul, chairman of the Thai Chamber of Commerce, said on Thursday.He was speaking after meeting with members of the Chonburi ...

The Nation Reporter

Prayut urges govt agencies to continue with ‘reshaping Thailand’ policies

Prime Minister Prayut Chan-o-cha has instructed relevant agencies to proceed with policies to reshape the country, government spokesman Thanakorn Wangboonkongchana said on Monday.So far, Thailand has adjusted its tourism strategy by focusing on 3Rs, namely: Reopen (Q3 2021): Pilot reopening under the Phuket Sandbox scheme. ...

The Nation Reporter

Tourism ministry unveils portal to assist visitors

Thailand has launched a new tourism website, aiming to make travel to the country easier for the 8-15 million tourists expected to visit next year.The central platform, named Entry Thailand, includes necessary information before arrival, providing basic information and documents that tourists have to prepare ...

Bangkok Post Reporter

Thailand announces reopening rules for tourism reboot

Thailand announced rules on Friday for its quarantine-free reopening to visitors from 45 countries, in an effort to revive an economy struggling to recover from the collapse of its vital tourism sector.Thailand, one of the Asia-Pacific’s most popular tourist destinations, has for the past 18 ...

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