Tourist tax refunds have skyrocketed since Thailand fully reopened in June last year, according to Revenue Department director-general Lavaron Sangsnit.
The two main parties trying to form a government seek reform to open up local beer and liquor production.
A 3D modelling, simulation and analytics capability that uses social collaboration is empowering "virtual twin technology" to become a new tool to transform future mobility and help smart cities deal with traffic congestion and air pollution, according to the France-based 3D design software firm Dassault Systèmes.
The Commerce Ministry is keeping its export growth target of 1-2% this year despite Thai shipments falling for a seventh consecutive month in April.
The Star Soccer daily newspaper closed on Wednesday after three decades of sports coverage.
HONG KONG: Asian markets sank on Wednesday on worries that hardline Republicans could vote down a crucial bill to hike the US borrowing limit and risk a catastrophic default that could hammer an already fragile global economy.
WASHINGTON: A deal to raise the US debt ceiling passed its first major test in Congress on Tuesday, surviving a crucial procedural vote amid a conservative backlash that resurrected the threat of the country's first-ever default.
SYDNEY: Australia's Crown Resorts is set to pay a civil penalty of A$450 million (US$290 million) for lax money laundering controls that saw cash being carried into a casino in paper bags, shoe boxes and suitcases.
Bank of Thailand raises key interest rate another 25 basis points to 2%, citing the need to curb inflation risks, but forecasters say the increase is probably the last for this year.
Thailand's manufacturing production index (MPI) in April contracted by a more-than-expected 8.14% from a year earlier, as exports slowed and production costs rose, the Industry Ministry said on Wednesday.
Thailand's e-marketplace players are shifting to profitability after almost a decade of losses, attributed to cautious spending, operating adjustments and increasing service fees.
Sappe Plc, the manufacturer of drinks under the Sappe brand, is to build a new automated warehouse, establish a production line and implement a cost reduction scheme to cope with the new government's pledge to raise the daily minimum wage.
The stock market will be gripped by panic if the new government is "addicted to budget deficits", raising doubts about fiscal sustainability, says Kiatnakin Phatra Securities (KKP).
Accessible tourism operators are urging the Tourism and Sports Ministry to turn Thailand into a destination friendly to disabled and elderly people by setting a long-term action plan and prioritising this agenda.
