In return for Chinese investment, the Thai government has pledged to subsidise buyers of Chinese electric vehicles up to $2,800 China, which already dominates exports of electric vehicles, has been given a further boost to the industry. An agreement has been reached with the Thai government that will make Chinese-made cars more affordable for consumers…
The Thai government is interested in developing an aviation hub, promoting the tourism industry and visa-free agreements. The Thai government is keen to turn the kingdom into an Asian aviation hub and intends to hold talks with European countries on mutual visa exemption, the Bangkok Post reported, citing a statement by Prime Minister Settha Thaisin….
The Thai authorities have announced new limits, rules, and criteria for VAT refunds for tourists starting 1 January. The Thai government has unveiled updated rules on VAT refunds for tourists. The new rules, effective from 1 January, expand the conditions for refunds and increase the maximum refund amount, The Nation reported. The rules concern the…
The e-commerce giant, which earns its main revenue from shipping goods, has decided not to chase turnover and improve the profitability of the company. Lazada Thailand plans to change management and lay off or reassign between 30 and 50 per cent of its employees to more suitable positions in various divisions of the company, a…
Escalating conflict in the Middle East affects exports and has a negative impact on Thailand’s economy both directly and indirectly. Escalating conflict in the Middle East is negatively affecting Thailand’s economy both directly and indirectly, the Bangkok Post reported, citing a statement by Punpong Nayyanapakorn, head of the Trade Policy and Strategy Office. The Strategic…
A 26-year-old Russian man with a mental disorder has been arrested and is in hospital custody after invading the Phuket provincial governor’s office building. Thai police have detained and taken a 26-year-old Russian man with a mental disorder to hospital, where the man is in protective custody. The Russian man broke into the Phuket administration…
Japan’s four largest carmakers will invest 150 billion baht in Thailand over five years to develop the electric vehicle industry. Four major Japanese carmakers are set to invest 150 billion baht in Thailand’s electric car industry over the next five years, the Bangkok Post reported, citing a statement from government spokesman Chaya Vacharonke. Toyota Motor…
Two large lithium deposits with high grades have been discovered in Phangnga province in southern Thailand. Two large lithium deposits with higher lithium content than many other key deposits in the world have been discovered in the southern Thai province of Phang-nga, the Bangkok Post reported, citing a statement from a Thai geochemistry expert. Lithium,…
Chonburi province leads the way in the number of condominiums sold to foreigners. Residential properties in Jomtien, Bang Saen and Pratamnak top the list. The residential property market in Chonburi province, home to Pattaya, is expected to continue to grow throughout 2024, helped by continued foreign interest in condominiums despite an impressive number of new…
Thailand’s Ministry of Culture is proposing that traditional Thai clothing be inscribed on UNESCO’s List of Intangible Cultural Heritage of Humanity. Thailand’s Ministry of Culture is preparing a presentation to support a request to include Thai traditional clothing in the UNESCO List of Intangible Cultural Heritage of Humanity, the Bangkok Post reports, citing a statement…