The Thai stock market has tracked higher in consecutive trading days, gathering more than 35 points or 2.2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,680-point plateau and it's expected to see additional support on Friday. Read more here Source: RTT News
On February 10, 2021, the Royal Thai Government Gazette publicized the Revenue Code Amendment Act (No.53), which mainly stipulates that non-resident electronic service providers and electronic platforms are required to register for VAT under certain conditions and allows tax documents and evidence to be provided electronically. Read more here Source:
Tourism receipts in 77 provinces set another historic low in 2021 with revenue declining by 69.55% to 241,350 billion baht, while the income gap between Bangkok and other major provinces remained wide, according to the Tourism and Sports Ministry. Read more here Source: Bangkok Post
Thais and foreigners travelling abroad have been advised not to take more than 30 face masks with them, because they are a controlled product in Thailand and violators can face up to five years in prison and/or a fine of up to 100,000 baht on conviction, according to the Suvarnabhumi
On 31st January 2022, Denmark and Thailand signed a new MoU (Memorandum of Understanding) on Dairy cooperation to take on the challenges of today’s food production. Read more here Source: ScandAsia.
The National Danish Performance Team put their message out loud and clear during their visit to Thailand this January 2022. “We move the world!” Read more here Source: ScandAsia.
The Centre for COVID-19 Situation Administration (CCSA) has agreed to resume registration for the currently suspended quarantine-free entry program, known as “Test and Go”, from February 1st. It will also allow eateries in “sandbox” provinces and COVID-19 “high surveillance” provinces to serve alcohol up to 11pm, instead of 9 pm,
Key Findings After being severely hit by a surge of COVID-19 cases in the third quarter 2021, economic activity has subsequently rebounded. Economic activity is expected to return to its pre-pandemic levels end-2022, with progress on vaccinations and a resumption of tourist arrivals providing support for the recovery. The adoption
In November 2021, inflation was 2.7 percent, up from 2.4 percent in October. The rate of inflation in November was the highest since April. As a result, the trend shifted slightly upwards in November, with annual average inflation coming in at 1.0 percent (October: 0.8 percent ). Finally, core inflation