Residents of Thailand’s resort island of Phiphi have suffered from freshwater shortages for more than two months due to drought, which has damaged tourism massively. The resort island of Phiphi in Thailand’s Krabi province is again facing freshwater shortages despite similar incidents occurring over the past few years during the high tourist season. Residents of…
A French woman living in Thailand bequeathed a fortune of 100 million baht to her maid before taking her own life due to a terminal illness. A French national on the resort island of Koh Samui in Thailand’s Surat Thani province has shot herself dead after leaving a fortune worth 100 million baht to a…
Thailand’s new VAT regulations on imported goods, implemented to ensure fair trade and protect local producers, are a significant development for the country’s economy. Thailand’s Customs Department is set to implement a new policy, starting from May 2024, that will charge value-added tax (VAT) on all imported goods sent through postal services, regardless of their value. According…
Toyota has launched electric songtaews in Pattaya for testing ahead of mass production of electric Hilux pickup trucks by 2025 Toyota Motor Thailand has launched a public transport pilot project in Pattaya featuring nine all-electric Hilux Revo pickup trucks. The initiative demonstrates the Japanese automaker’s growing efforts to compete with Chinese companies, which have significantly…
The spread of cashless payments through PromptPay’s electronic payment system in Thailand is set to reach a record high in 2023 The Bank of Thailand’s 2023 year-end report said financial transactions passing through PromptPay, Thailand’s national electronic payment platform, reached a new high in 2023, while the number of cash transactions declined markedly. In December…
Phuket authorities propose designating the province as a particular administrative region to collect and distribute tax revenue independently. Phuket’s governor has proposed designating the island province as a particular administrative region to gain more authority over tax collection and budget allocation. This would allow Phuket to develop on par with Bangkok and Pattaya regarding the…
Following an explosion and fire at a chemical warehouse in Thailand, there are calls for buffer zones to separate industrial areas from tourist areas. Tourism operators in Thailand’s Rayong province have called for buffer zones to clearly separate industrial areas from tourist zones, as this week’s explosion at a chemical warehouse in the province has…
Thailand is preparing a massive cash handout to stimulate the economy, with the Cabinet approving a project to hand out 500 billion baht through digital wallets. The Cabinet has approved a 500 billion baht project to stimulate Thailand’s economy through digital wallets, clearing another hurdle to fulfilling a vital promise of the ruling Phea Thai party, Reuters reported, citing a…
Thailand is among the top three countries in the Asia-Pacific region for fraud and financial scams due to the proliferation of smartphones and mobile payments. According to Google’s Bad Apps 2023 report, Thailand was among the top three countries in the Asia-Pacific region to experience a significant spike in Google’s financial fraud last year. ‘There…
Thailand’s prime minister is attracting investors to build Bangkok’s tallest building – a supertower taller than Dubai’s Burj Khalifa. Thai Prime Minister Settha Thavisin said on social network X on Friday that a group of investors led by Dubai’s largest property developer is in talks to build a mixed-use tower in Thailand that could compete…