Thailand's largest marketplaces raise fees

Thailand’s largest marketplaces raise fees

Thailand’s leading e-commerce platforms continue to raise commissions to boost revenues and offset marketing costs. Thailand’s leading e-commerce platforms continue to raise commissions to increase revenue and offset the cost of marketing campaigns. According to the Bangkok Post, Thailand’s leading e-commerce platforms – Shopee, Lazada, and TikTok – continue to raise sales commissions, driving up…

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regional tourism

Thailand boosts regional tourism and expects 36 million tourists

The number of foreign tourists visiting Thailand in the first quarter exceeded expectations, topping 9 million. Thirty-six million tourists are expected for the year The Tourism Authority of Thailand aims to attract more than 36 million foreign tourists in 2024, focusing on online marketing to reach an international audience and predicting that tourism revenue for…

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foreign postal items

Thailand introduces VAT for foreign postal items

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…

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local elections

Thailand’s People’s Party loses local elections

Municipal elections revealed the party’s inability to break the influence of patronage despite receiving 14 million votes in the general election. The People’s Party’s (PP) disappointing results in the 11 May municipal elections revealed its growing inability to overcome the country’s deeply entrenched patronage system. Analysts believe that the party faced serious difficulties in trying…

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electric songtaews

Toyota to provide electric songtaews for Pattaya

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…

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