Handout funding to diminish spending on other projects
The Phuket News » Business News
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1d ago
BANGKOK: Once the government allocates substantial funds for its flagship digital wallet handout, spending on other projects will be reduced, says finance permanent secretary Lavaron Sangsnit ..read more
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Lower power bills if PTT pays fines
The Phuket News » Business News
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2d ago
BANGKOK: The Energy Regulatory Commission (ERC) is planning to lower power bills near the end of this year if national oil and gas conglomerate PTT Plc pays fines worth B4.7 billion that it reportedly collected from gas suppliers who did not comply with gas purchase contracts ..read more
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Rising expenses add to hotels’ woes
The Phuket News » Business News
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3d ago
BANGKOK: Hotel operators anticipate high expenses from power bills, food prices and labour wages as the low season arrives amid scorching temperatures ..read more
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Long Songkran generated B140bn in tourism income
The Phuket News » Business News
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4d ago
BANGKOK: The three weeks of this year’s Songkran festival generated about B140 billion in tourism income, with 1.9 million foreign tourists visiting the country during the celebration, according to the Tourism and Sports Ministry ..read more
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Phuket roadshow hoped to lure million extra Chinese
The Phuket News » Business News
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5d ago
PHUKET: Phuket is preparing for an extra 1 million tourists from China this year, expected after a tourism promotion in three Chinese cities ..read more
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PM urged to tackle overtourism
The Phuket News » Business News
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6d ago
BANGKOK: With opposition to overtourism rising in many countries, Thai tourism operators are urging the government to seriously consider the nation’s carrying capacity, while some have suggested collecting a B300 tourism tax in a bid to solve the problem ..read more
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US fines SCG US$20mn for Iran sanctions violations
The Phuket News » Business News
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1w ago
UNITED STATES: The United States fined a Thailand-based firm US$20 million (B735mn) on Friday (Apr 19) for more than 450 possible Iran sanctions violations ‒ a day after Washington slapped fresh sanctions on Iran following last weekend’s attack on Israel ..read more
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Understanding Currency Correlations in Forex Trading
The Phuket News » Business News
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1w ago
In financial markets, assets and investment instruments affect each other in surprising and often interesting ways. In forex trading, you might have noticed that the value of one currency pair falls when that of another increases. This is known as currency correlation, and it is a crucial concept to understand for all forex traders. This is because it can impact your risk management strategies and portfolio composition ..read more
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Understanding real estate leases in Thailand
The Phuket News » Business News
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1w ago
Real estate leasing in Thailand presents an opportunity for both individuals and businesses. Whether for residential dwelling, commercial undertakings or speculative investment, the Thai property market boasts an extensive variety of options. Thailand’s combination of stunning geography, a resilient economy and a hospitable environment makes it an attractive destination for those looking to lease property ..read more
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Thailand begins OECD membership process
The Phuket News » Business News
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1w ago
BANGKOK: Thailand has developed a roadmap to become a member of the Organisation for Economic Co-operation and Development (OECD), a group of developed countries, aiming to elevate the country’s standards and broaden trade and investment opportunities ..read more
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