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Fin Min may boost tourism through tax deduction on hotel expenses

BANGKOK, 29 May 2010 (NNT) — The Finance Ministry is considering whether to allow travelers to use their hotel accommodation receipts for tax deduction as part of the tourism stimulus…

BoT still upbeat about economic growth despite political turmoil

BANGKOK, May 28 (TNA) – The Thai economy is likely to grow at an expected range of 4.3-5.8 per cent this year since exports continue growing satisfactorily, according to the…

BAAC bank sets up a relief center for protest hit business operators

BANGKOK, 27 May 2010 (NNT) — The state-run Bank for Agriculture and Agricultural Co-operatives has established a relief center to assist clients affected by the political row that took place…

Thai stocks dumped, currency weakens as investors turn to USD

BANGKOK, 26 May 2010 (NNT) — The Thai baht has weakened as foreigners turned to the US currency following concerns of the Eurozone debt crisis and North and South Korea’s…

KTB to aid customers who suffered from riots

BANGKOK, 25 May 2010 (NNT) – Krung Thai Bank (KTB) has issued relief measures for its customers affected from the recent political unrest and riots by deferring and changing plans…

Government offering Bt50,000 to riot-affected entrepreneurs

BANGKOK, May 24 (TNA) –  Thai Finance Minister Korn Chatikavanij on Monday said the government will pay Bt50,000 (about $1,500) to each entrepreneurs and will seek cooperation from department stores…

GSB to aid customers affected from unrest

BANGKOK, 23 May 2010 (NNT) – The Government Savings Bank (GSB) has indicated readiness to assist its customers, business entrepreneurs, and low-income earners affected from the recent political unrest via…

Thai central bank reaffirms availability of ATM services

BANGKOK, May 21 (TNA) – Bank of Thailand (BoT) Assistant Governor Sorasith Suthornkes reaffirmed the money supply in the the country’s banking system is more than sufficient to meet the…

More than 32 bank, malls, and buildings set on fire

BANGKOK, 20 May 2010 (NNT) — United Front of Democracy Against Dictatorship (UDD) rioters have set fire to a total of 35 spots since yesterday afternoon, according to Bangkok Metropolitan…

Political crisis may slash 0.5-2.3% of GDP

BANGKOK, 18 May 2010 (NNT) – The Kasikorn Research Center (KResearch) estimated that the political turmoil could weigh the country’s gross domestic product (GDP) down by 0.5-2.3%, compared to the…