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Thailand introduces 45% tax on vintage cars

Thailand introduces 45% tax on vintage cars

Thailand will begin imposing a 45% tax on imported vintage cars in fiscal year 2026, a move expected to generate an additional THB1-2 billion (US$31.4-62.9 million) annually for the government.
Thailand's new leader Anutin set to push growth and calm border crisis

Thailand's new leader Anutin set to push growth and calm border crisis

Thailand faces $6B export loss amid potential US tariff hike

Thailand faces $6B export loss amid potential US tariff hike

Thai government's $115B budget clears first parliamentary vote

Thai government's $115B budget clears first parliamentary vote

The Thai government's 3.78 trillion baht ($115 billion) budget for the 2026 fiscal year passed its first parliamentary vote on Saturday, but there will be a series of further votes before it can be enacted.
May 31, 2025 | 04:49 pm PT
Thailand scraps plan to give each young citizen $300

Thailand scraps plan to give each young citizen $300

The Thai government has scrapped a plan to distribute THB10,000 (US$300) to each citizen aged 16–20 amid growing global economic uncertainties.
May 16, 2025 | 01:30 am PT
Thailand cuts rates again, could face recession as US tariffs loom

Thailand cuts rates again, could face recession as US tariffs loom

Thailand's central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday, as expected, seeking to support the underperforming economy which is facing fresh pressure from steep U.S. tariffs.
April 30, 2025 | 03:46 pm PT
Thailand plans to inject $15B into economy

Thailand plans to inject $15B into economy

Thailand's Ministry of Finance aims to inject over THB500 billion ($15 billion) into the economy to boost the country's GDP growth by over 1.8%, focusing on stimulating consumption, investment, and providing soft loans.
April 25, 2025 | 06:43 pm PT
Thai PM says US tariff negotiations postponed to review 'issues'

Thai PM says US tariff negotiations postponed to review 'issues'

Thailand's negotiations with Washington on steep trade tariffs were postponed because the United States has asked Bangkok to review important issues, Prime Minister Paetongtarn Shinawatra said on Tuesday.
April 21, 2025 | 11:23 pm PT
Thailand says to discuss tariffs with US on April 21

Thailand says to discuss tariffs with US on April 21

Thailand's finance and commerce ministers will lead a delegation to the U.S. to meet Trump administration officials and push for relief from planned heavy tariffs, a government spokesperson said on Monday.
April 14, 2025 | 04:45 pm PT
Thailand may lose $25.8B in revenue due to US tariffs: industries federation

Thailand may lose $25.8B in revenue due to US tariffs: industries federation

FTI President Kriangkrai Thiennukul said that the Thai industries expected to be hardest hit by the tax increases include automotive, food, plastic, chemical, steel, aluminium, textile, electronics and machinery.
April 9, 2025 | 06:16 pm PT
From jewelry to apps: Gold-loving Thais shift to digital platforms for trading

From jewelry to apps: Gold-loving Thais shift to digital platforms for trading

Millions of Thais are trading gold through digital platforms, often without ever seeing the metal, as demand for bullion soars.
March 6, 2025 | 02:56 pm PT
Thailand’s border trade grows 6%

Thailand’s border trade grows 6%

Thailand's border trade rose by 6% year-on-year to 1.66 trillion baht (US$47.96 billion) in the first 11 months of 2024, according to its commerce ministry.
January 8, 2025 | 07:03 pm PT
Thailand to implement global minimum corporate tax of 15% from 2025

Thailand to implement global minimum corporate tax of 15% from 2025

Thailand will implement a global minimum corporate tax of 15% on multinational enterprises from Jan. 1, 2025.
December 29, 2024 | 12:37 am PT
Thailand expects to collect global minimum corporate tax from Jan 2025

Thailand expects to collect global minimum corporate tax from Jan 2025

Thailand expects to implement a global minimum corporate tax of 15% on multinational companies from January 2025, its finance minister said on Friday.
December 14, 2024 | 04:54 pm PT
Thailand to give $289 cash handout to senior citizens in January

Thailand to give $289 cash handout to senior citizens in January

Some 4 million senior Thai citizens will each receive 10,000 baht (US$289) in cash in late January before the Lunar New Year as part of Thailand's digital wallet handout scheme.
November 19, 2024 | 11:16 pm PT
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