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US hits Thailand with new 12.5% tariff rate
Phuket News
/
Business
Friday 24 July 2026 11:56 AM
PHUKET: Thailand has been hit with a new 12.5% US import tariff after the Trump administration announced fresh duties on 60 trading partners, replacing temporary global tariffs that expired yesterday.
Nightlife operators seek expansion of legal zoning
Phuket News
/
Phuket
Thursday 23 July 2026 02:07 PM
PHUKET: Nightlife venue operators in Phuket have formally asked the provincial government to expand designated entertainment zones, saying wider legal zoning would allow more businesses to obtain licences, reduce uncertainty and support the island’s tourism economy.
One in three Phuket firms has foreign ownership
Phuket News
/
Phuket
Thursday 23 July 2026 10:30 AM
PHUKET: Phuket authorities have stepped up efforts to crack down on nominee businesses and other illegal commercial activities after revealing that more than one-third of the province’s registered companies have foreign shareholders, according to a high-level meeting yesterday (July 22).
TCG to help small firms obtain loans
Phuket News
/
Business
Wednesday 22 July 2026 11:20 AM
BANGKOK: The Thai Credit Guarantee Corporation (TCG) is preparing to provide credit guarantees for nanofinance loans to help small entrepreneurs gain greater access to formal financing.
Restaurants call for more reforms to lower food prices
Phuket News
/
Business
Tuesday 21 July 2026 11:00 AM
BANGKOK: The Thai Restaurant Association is asking the government to connect raw material wholesalers with restaurants to lower ingredient costs, rather than providing subsidies for each dish.
New oil rules to elevate output, energy security
Phuket News
/
Business
Monday 20 July 2026 12:30 PM
BANGKOK: The government is moving closer to approving new regulations that would allow petroleum production licences to be renewed multiple times, a significant shift aimed at strengthening investment in exploration and production.
Power plan for data centres readied
Phuket News
/
Business
Sunday 19 July 2026 11:00 AM
BANGKOK: Thailand’s energy authorities are intensifying efforts to finalise considerations for the country’s pilot direct power purchase agreement (PPA) scheme, which is expected to support the rapid growth of data centres and cloud service businesses.
Former Phuket governor backs metropolis plan ‒ then warns of risks
Phuket News
/
Phuket
Saturday 18 July 2026 11:30 AM
PHUKET: Former Phuket governor Nirat Pongsitthaworn has publicly backed plans to establish Phuket as a metropolitan administration, but warned that dismantling the province’s existing administrative structure could create risks for national security, emergency response and public services.
Government bonds worth B4bn on sale
Phuket News
/
Business
Saturday 18 July 2026 10:30 AM
BANGKOK: Government retail bonds dubbed ‘Aom Plus’ (Savings Plus) worth B4 billion go on sale at the end of this month, designed to encourage more working-age people to save.
Three tourism stimulus schemes await approval
Phuket News
/
Business
Friday 17 July 2026 09:45 AM
BANGKOK: The Ministry of Tourism and Sports is planning to propose three tourism stimulus projects worth B2.45 billion, aiming to generate B56bn in economic value through a domestic travel co-payment scheme, domestic flight discounts and international flight subsidies.
PM urged to strengthen tourism ties with China
Phuket News
/
Business
Thursday 16 July 2026 11:05 AM
BANGKOK: With Chinese economic growth at a three-year low in the second quarter, the Association of Thai Travel Agents (Atta) has urged the government to discuss agreements with Beijing to strengthen affordable connectivity and bilateral tourism cooperation during this week’s official visit.
Cash deposits over B5mn to face mandatory disclosure
Phuket News
/
Business
Monday 13 July 2026 11:47 AM
BANGKOK: Customers depositing more than B5 million in cash will be required to disclose the source of the funds from the fourth quarter as part of tighter measures to curb the grey economy and illicit financial activities, according to Bank of Thailand (BoT) Governor Vitai Ratanakorn.
Ministry pitches B40 meal plan
Phuket News
/
Thailand
Monday 13 July 2026 10:00 AM
BANGKOK: The Commerce Ministry is targeting 100,000 food stalls nationwide for a B40 rice-and-curry scheme to help alleviate living costs.
Second phase of AI project is shelved
Phuket News
/
Business
Sunday 12 July 2026 11:00 AM
BANGKOK: The Digital Economy and Society (DES) Ministry has shelved the second phase of its ambitious TH-AI Passport project, calling it a “strategic internal decision” to evaluate demand and the first phase.
Phuket reviews B38mn budget proposals for fiscal 2027
Phuket News
/
Phuket
Sunday 12 July 2026 09:30 AM
PHUKET: Phuket Governor Chotinrin Kerdsum chaired a meeting on Wednesday (July 8) to review the province’s proposed projects for the 2027 fiscal year ahead of parliamentary scrutiny of the national budget.
Phuket eyes Middle East tourism growth after Jordan talks
Phuket News
/
Business
Saturday 11 July 2026 11:00 AM
PHUKET: Phuket Governor Chotinrin Kerdsum welcomed a delegation from Jordan’s Ministry of Tourism this week as the province sought to strengthen tourism cooperation and attract more visitors from Jordan and the wider Middle East.
Appeal for energy reforms as oil prices still fluctuate
Phuket News
/
Business
Friday 10 July 2026 11:00 AM
BANGKOK: Global crude oil prices remain highly volatile due to geopolitical factors, underscoring the need for Thailand to urgently address its structural weaknesses, says Finance Minister Ekniti Nitithanprapas.
Vietnam opens honorary consulate in Phuket
Phuket News
/
Phuket
Friday 10 July 2026 09:30 AM
PHUKET: Vietnam officially opened its Honorary Consulate in Phuket yesterday (July 9), with officials saying the new office will help strengthen economic, tourism and investment ties between Vietnam and southern Thailand.
Planned tourism fee hits a snag
Phuket News
/
Business
Thursday 9 July 2026 10:10 AM
BANGKOK: The plan to collect a tourism fee of at least B300 through airlines is infeasible because of the limitations in airlines’ back-office systems, with the Thailand Digital Arrival Card (TDAC) a better option, say aviation bodies.
NBTC to roll out digital radio platform
Phuket News
/
Business
Monday 6 July 2026 12:03 PM
BANGKOK: In addition to a national digital TV broadcast streaming platform, the National Broadcasting and Telecommunications Commission (NBTC) plans to develop a national digital radio and audio platform to bridge the 'radio broadcasting gap' and promote automated emergency and disaster alerts nationwide.
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Cache on 2026-07-25 01:56:10