Tag Archives: Thai Government Policies

Two food chains under Minor Food Group _ Dairy Queen and Burger King _ aim to expand their businesses faster in the second half of this year to respond to the public's greater spending power.

The Revenue Department is ready to cut the corporate income tax rate, though it is also proposing a rise in the value-added tax (VAT) rate, says Satit Rungkasiri, director-general of the department.

The Thai Consumer Confidence Index (CCI) surged to 81.7 points in June, the highest in four and a half years, with consumers expecting the new government's policies to result in better economic conditions.

Economists are advising the new government to focus more on income distribution, as it is an efficient way to strengthen the country's economic fundamentals.

Property developers believe the new government's policies offering special financial packages for first-home buyers will create growth in the property market, but they are waiting to see what conditions might be imposed with the new deal.

Exporters are uncomfortable with the prospect of a strengthening baht, as they want a stable exchange rate to help them keep pace amid tough global competition