Thailand will gift Cambodia with 140 km of rail for stronger link
Cambodia will soon welcome another 140km of northern railway to connect to the Thai border. Photo supplied via The Phnom Penh Post PHNOM PENH — Cambodia will soon welcome another…
Thailand: Banks extend helping hand to over 10 million debtors
The Nation/Asia News Network BANGKOK — Banks have provided financial aid worth a total of Bt6.7 trillion ($211.7 billion) to more than 10 million debtors suffering from the impact of…
Over 3.6 million hotel rooms booked in Thailand under tourism stimulus campaign
The Nation/Asia News Network BANGKOK — The number of hotel room bookings under the “Rao Pai Tiew Gun” (Let’s travel together) campaign has reached 3.6 million as of Sunday. Traisuree…
Thailand to allow use of trees as collateral for loans
Government Spokesperson Narumon Pinyosinwat. The Nation/Asia News Network BANGKOK — Owners of 58 economically valuable trees will be able to use them as collateral when applying for loans at financial…
Some 5 million Gen Y, Z employees in Thailand staring at possible job losses
Thanavath Phonvichai, UTCC president BANGKOK — Approximately 5 million Generation Y and Z employees face economic uncertainty as they risk being laid off because they do not have enough working…
COVID-19 has increased responsibility of central banks to maintain stability, says Bank of Thailand governor
Bank of Thailand (BOT) Governor Veerathai Santiprabhob. The Nation/Asia News Network BANGKOK — The central bank has three missions in the aftermath of the Covid-19 pandemic, says Bank of Thailand…
Business travelers from HK, Thailand, Vietnam eligible for short quarantine in Taiwan
Health Minister Chen Shih-chung speaks at a press conference on June 17, 2020. Photo courtesy of the CECC via The China Post/Asia News Network TAIPEI — Business travelers can apply…
Thailand approves VAT for foreign digital platforms
BANGKOK — The Cabinet has approved a draft bill that will levy VAT on international digital platforms, expecting the measure to net additional annual revenue of Bt3 billion ($96 million).…
Thailand OKs whopping 90% reduction in land, building tax for 2020
The Nation/Asia News Network BANGKOK — Thailand’s Cabinet has approved a 90 percent reduction in land and building taxes for the year 2020 and a two-month postponement in the deadline…
Bank of Thailand worried as baht continues upward streak, vows ‘extra measures’
Mathee Supapongse BANGKOK — The Bank of Thailand (BOT) is concerned about a swift baht appreciation in the past two weeks and promised to impose extra measures to address short-term…