TRA Reports Wavering Consumers Confidence Due to Omicron Variant
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The Thai Retailers Association (TRA) says consumer confidence is less optimistic due to the new Omicron coronavirus variant and has urged all sides to cooperate in addressing the crisis. According to TRA Vice President Chatchai Tuongratanaphan, the Retail Sentiment Index (RSI) for December 2021 showed a less-than-optimistic outlook due to…
SAO as Asia’s Leading State Audit Office Ready for the Transition of State Audit Services to the ‘Next Normal’
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The State Audit Office (SAO) has announced that the President of the State Audit Commission General Chanathap Indamra has been designated the Chairman of the Asian Organization of Supreme Audit Institutions (ASOSAI), and the SAO will host the 15th ASOSAI Assembly from September 6th to 8th. According to the SAO,…
Commerce Ministry secures 2.4bn baht in orders for Thai fruit
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The Ministry of Commerce has secured 2.4 billion baht’s worth of advance purchase deals for Thai fruit exports, while the exports of fresh and processed Thai fruit in first seven months of this year have generated some 130 billion baht revenue. Officials from the Ministry of Commerce led by Deputy…
Thai Government Will Launch New Measures to Help Small Businesses
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Thailand’s National Economic and Social Development Council (NESDC) reports that the government will introduce new measures to help small and medium-sized enterprises (SMEs) cope with the financial impacts of the COVID-19 pandemic. NESDC secretary-general Danucha Pichayanan said Prime Minister Prayut Chan-o-cha has scheduled a joint meeting, on 23 June, with…
FTI still hopes to see economic growth at 2.5-2.6%
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The Federation of Thai Industries (FTI) believes Thailand still has a chance to see 2.5-2.6% economic growth this year if the ongoing outbreak ends within March. FTI still hopes to see economic growth at 2.5-2.6% FTI vice-chairman Kriangkrai Tiannukul said food processing should be the first industry the public and…
Interior Ministry Postpones Collection of Land and Building Tax of 2021
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The Interior Ministry has ordered local government organizations nationwide to postpone the collection of land and building tax of 2021 for 2 months. The order aims to alleviate the financial burden of people during a new wave of COVID-19 outbreak as the owners would have had to pay the tax…