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Articles Archive for May 2010


[27 May 2010 | No Comment | 1,749 views]
Thai economy grows at 15-year-high rate of 12 pct in first quarter

Thailand's GDP soars by better-than-expected 12 percent in Q1 ahead of recent riots in the capital city of Bangkok.
Thailand’s economy expanded by 12 percent, the highest in 15 years, during the first quarter of this year as a result from global economic recovery and the improvement in the country’s exports, tourism, and private investment and consumption collectively.
Dr. Ampon Kittiampon, secretary-general of the National Economic and Social Development Board (NESDB), on Monday said the higher-than-expected growth of 12 percent, compared with that of the same period last year, expanded from 5.9 …


[26 May 2010 | No Comment | 10,108 views]
Thailand to offer new tax benefits for regional business headquartres from June 1

Prime Minister Abhisit Vejjajiva (right) is seen presiding over the seminar on the privileges for ROHs while Deputy Finance Minister Pradit Phataraprasit (left) looks on.
Thailand plans to offer a package of tax benefits for companies setting their regional operating headquartres (ROHs) in this Southeast Asian country as the package will be effective from June 1.

The tax package, aimed at attracting more Thai and foreign companies to use Thailand as the base for their regional operations, includes a 15-year corporate income tax holiday for the earnings from the services these regional …


[13 May 2010 | No Comment | 3,525 views]
THAI to resume direct flights to Johannesburg on June 2

Thailand’s national flag carrier, Thai Airways International Plc (THAI), on Tuesday announced its plan to resume direct flights to Johannesburg from June 2 onward.
THAI launched its direct flights to Johannesburg, the largest city in South Africa, on October 31, 2006, but later suspended the direct flights in January 2009, stating that the long-haul flights did not meet minimum yield expectations.

According to the airline’s president Dr. Piyasvasti Amranand, the resumption of direct flights to the South African city is a part of the airline’s network expansion to increase connectivity of its …