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Revenue Collection Exceeds Target in First Seven Months

BANGKOK (NNT) - The Fiscal Policy Office (FPO) reported that the government’s revenue collection in the first seven months of the fiscal year 2022 exceeded its target by...

Economic Growth Expected Amid Inflation Crisis

BANGKOK (NNT) - Thailand’s economy is expected to continue growing amid the inflation crisis, as authorities reaffirm their commitment to addressing all existing challenges.Energy Minister Supattanapong Punmeechaow said...

Sanan: Saudi Arabia Welcomes Thai Food, Construction Materials

BANGKOK (NNT) - The Thai Chamber of Commerce (TCC) has indicated that there is an opportunity to export Thai food and other products to Saudi Arabia.Sanan Angubolkul, the...

Economic Outlook Still Positive Despite Planning Agency Downgrade

BANGKOK (NNT) - The Ministry of Finance has indicated that Thailand’s economic outlook for 2022 remains positive despite the state planning agency recently downgrading its growth forecast. ...

Thai Companies Can Expect More Opportunities in Saudi Arabia

BANGKOK (NNT) - Thai businesses can expect expanded opportunities in Saudi Arabia, following the restoration of diplomatic relations between both countries. According to the Thai Chamber of...

Private Sectors Remains Optimistic About Thailand Reaching GDP…

BANGKOK (NNT) - A private-sector-led committee is optimistic that Thailand will meet its 2.5-4% GDP growth target this year if various measures are implemented.The Joint Standing Committee on...

Palm Oil Production Slows Amid Price Surge

BANGKOK (NNT) - Producers of bottled palm oil are reportedly facing higher costs following a spike in global prices.World crude palm oil leaped to 62-63 baht/kg from 53...

Tax Collection Exceeds Target in First Half of Fiscal 2022

BANGKOK (NNT) - Total tax collected in the first half of the 2022 fiscal year has exceeded the Revenue Department’s collection target by 14%. This notable performance...