boost tourism

Thailand relaxes visa policy to boost tourism

Thailand is opening its doors to tourists worldwide by easing visa regulations and offering new options for long-term stays. Thailand’s Cabinet has approved new visa policies to attract more tourists, including visa-free and visa-on-arrival regimes, longer student stays, and reduced mandatory health insurance for pensioners. The Ministry of Foreign Affairs has proposed these measures to…

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Cybercrime

Cybercrime has reached alarming proportions in Thailand

Thailand’s Central Bureau of Investigation warns of five types of fraudulent schemes and develops measures to combat cyber threats. Thailand’s Central Bureau of Investigation is warning citizens about rapidly evolving cyber threats. The Bangkok Post reports that even one click on the wrong link can lead to fraudsters draining bank accounts. Lieutenant General Jirabhop Bhuridej,…

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Central Retail Corporation

Central Retail Corporation Reports 6.4% Revenue Increase in Q1 2024, Driven by New Products and Expansion

On May 13th, 2024, Mr. Yon Phoksap, the Chief Executive Officer of Central Retail Corporation PLC, unveiled CRC’s robust operating results for the first quarter of the year, showing a significant increase from the same period last year. Compared to the previous year, CRC’s net profit saw a commendable increase of 0.1%, and its total…

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10-year visa

Thailand introduces 10-year visa for VEC professionals

Thailand’s Cabinet has approved a special 10-year EEC visa for foreigners working in the Eastern Economic Corridor (EEC) Thailand’s Cabinet has approved a special 10-year visa for executives and experts working in the Eastern Economic Corridor (EEC) to support the development of targeted industries in the country, reports Matichon. Rudklao Intawong Suwankiri, deputy government spokesman, said the…

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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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