Thailand and dozens of other US trading partners were accused by the Trump administration of being potential facilitators of Chinese tariff evasion, costing US tariff revenue losses of $19-26 billion a year.
Thailand is likely to start collecting the tourism fee from foreign travellers at the revised rate of 450 baht as early as next April, according to the Tourism and Sports Ministry.
The recent visit of Elbridge A Colby, US Under Secretary of War for Policy, to Bangkok was more than a diplomatic courtesy call. No sooner had news of Mr Colby's visit to Thailand broken than a foreign news agency reported that Thailand was engaging in trade negotiations through security exchanges…
The cooling appliance segment is driving the market this year due to prolonged hot weather, says LG Electronics (Thailand) Co Ltd. The company is hopeful the government's additional economic stimulus packages can lift consumer spending in the second half of the year.
Thailand could face a decline in domestic energy supply unless significant regulatory reforms are introduced to attract foreign investment in the upstream petroleum sector, says Kurujit Nakornthap, executive director of the Petroleum and Energy Institute of Thailand.
Thailand is revising its draft of the Digital Platform Economy Act after concluding the European Union's regulatory model is too stringent for the country's digital economy.
Thailand and the United States have reaffirmed their 193-year alliance, underscoring their commitment to strengthening modern security cooperation to address emerging security challenges.
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