Business

March's industrial confidence index has taken a huge leap in Thailand as it marks the highest in the past decade. With a score of 98.3 points, the industry has witnessed a significant improvement in the post-pandemic period, marking a remarkable recovery after the downturn. The significant factors contributing to...

According to the latest statistics from the National Statistical Office, Thailand's unemployment rate has decreased to 0.8% in the first quarter of 2023, marking the lowest figure since the fourth quarter of 2019, before the outbreak of Covid-19 in the country. The NSO survey highlighted that this is the first...

If you've ever been to Thailand, particularly during the dry season from January to April, you may have noticed a dense smog covering the cities and countryside.Not only is it an unpleasant sight, but it's also a significant health hazard to the millions of people who live and breathe...

Thailand has been identified as one of the countries that has made significant improvements in its business environment by The Economist Intelligence Unit (EIU). The EIU's annual survey determined that Thailand has significantly improved its ranking in areas such as the quality of its telecommunications infrastructure, the efficiency of...

Thailand’s Excise Department has announced plans to introduce a carbon tax on the energy, transport, and industrial sectors. The aim is to help Thailand achieve carbon neutrality by 2050 and net zero greenhouse gas emissions by 2063. The carbon tax will also encourage companies to shift towards cleaner or...

The Songkran festival is expected to be livelier this year, with a predicted surge in participants. The annual festival, which is celebrated across Thailand, signifies the traditional Thai New Year and is marked by water-throwing and street parties. After last year's muted celebrations due to the COVID-19 pandemic, many Thai...

Revenue Dept. to tax Youtubers, online vendors and influencers. All must comply with new tax regulations. The Revenue Department of Thailand has announced that Youtubers, social media influencers and online vendors will be taxed on their advertising revenue, sales of merchandise or donations. The department will use technology to make...

BANGKOK (NNT) – Thailand has brought back its 30-day visa exemption policy for visitors from approximately 60 countries, effective April 1, 2023. This marks a reversal of the previous rule which allowed visitors from these countries to stay up to 45 days without a prior visa. Visitors from countries such...