Pattaya welcoming wedding parties from India
Thailand was awarded “The World’s Best Wedding Destination” by Travel and Leisure India magazine in 2011 and 2012 and by Hospitality India magazine in 2012 and 2013. The Thai beach resort city of Pattaya has been selected as the wedding venue for at least four Indian couples between this month…
Thailand expected to produce 300,000 tons of shrimp next year
The Thai Shrimp Association forecasts that Thailand will produce around 300,000 tons of shrimp next year, adding that cases of EMS shrimp disease are expected to decline. The Thai Shrimp Association revealed that shrimp production this year had seen a drop of 11 percent globally due to the outbreak of…
Hotels in Khao Yai almost fully booked for New Year
One of Thailand’s top winter destinations, Khao Yai, has nearly been booked up for this New Year holiday. With its wonderful weather and scenery, Khao Yai is the most popular destination during winter. People can enjoy the beautiful nature, mountains, waterfalls, and many Italian-style shopping complex and hotels. The resorts…
The Indian Council for Cultural Relations offering scholarships to Thai students
The Indian Council for Cultural Relations of the Government of India is offering scholarships for the academic year 2014-15 to Thai students desirous of pursuing undergraduate, postgraduate and Ph.D. studies in various courses in Indian universities, excluding Medicine and Dentistry. Interested students may approach the Embassy of India, Bangkok at…
PM on rebuilding confidence on nation’s economy
Prime Minister Yingluck Shinawatra has instructed all agencies related to the nation’s economy to quickly formulate a strategy to rebuild investors’ and tourists’ confidence for 2014. Mr. Teerat Ratanasewe, Spokesman of the Prime Minister’s Office, revealed that international analysts are still confident on Thailand’s economic stability and have yet to…
Inflation rate rises less than 1% in November
The inflation rate rose less than 1 percent in November, while the average inflation rate in the first 11 months represented a 2.24 percent increase. Deputy Permanent Secretary for Commerce Urawee Ngowroongrueng has revealed that the inflation rate in the month of November stood at 104.86, 0.08 percent increase month-on-month,…
MasterCard’s Indian-origin CEO among Fortune’s top 50 businessmen
Two Indian-Americans are in Fortune magazine’s annual list of the top 50 people in business in 2013. MasterCard’s India-born CEO Ajay Banga and Workday co-CEO Aneel Bhusri are among the 50 top business leaders in the list, which is “filled with executives who defied expectations – buying a newspaper, leaving…
Two-trillion baht loan bill sails through Senate
After a seven-hour debate, the Senate has finally made a vote to approve Article 6 of the 2 trillion baht loan bill with a vote of 68 to 44. The second hearing of the Senate to decide whether to approve Article 6 of the loan bill took a total of…
Thai Cabinet approves new income tax ladder; 30k/month earners see tax halved
The Cabinet has approved a bill that will result in the income tax rate on those earning between 150,000 and 360,000 baht per annum falling to 5%. According to Ms. Bencha Luicharoen, the deputy minister of finance, the increase of income tax ladders from 5 to 7 steps was aimed…
Commerce Ministry is confident that Thailand will see 5-7% export growth next year
The Commerce Ministry is confident that Thailand will see 5-7 percent export growth next year, thanks to the global economic recovery. Despite the National Economic and Social Development Board (NESDB)’s recent forecast that Thailand would see a zero-percent export growth this year, Commerce Minister Niwatthamrong Boonsongpaisan reiterated that the country…