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Latest posts...
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71
How scared should we be of Trump's authoritarian tendencies?
Bitcoin. And yes it is possible depending on inflation -
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LTR visa tax exemption on foreign income: don't count on it!
They're starting to show it - nothing changed. -
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Russia Dismisses Trump’s Ukraine Peace Plan Offers 3 Day Ceasefire
I recall Putin waiting, dutifully, until the winter Olympics were over, to launch his invasion of the Ukraine. Getting assurances of Celestial leader Xi of undying friendship & support. Touching. Likely you remember something different, right wing apologists for authoritarian dictators, usually do. 🥱 -
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Where to get the Bangkok Post?
I used to always get it in that little row of stores next to KISS restaurant on 2nd road. One little shop had a few different papers for sale. Pretty sure the fancy book store in the big mall had a paper section also. Been four years since I been to Pattaya -
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Report Thailand Faces Uphill Battle Against China's Tax-Free Shopping
File photo Thailand's tourism sector sounds the alarm as China lures tourists with enticing tax-free shopping incentives. With a 13% refund rate now in effect, China aims to boost tourist spending through instant tax refunds, a move Thai tourism operators say Thailand should emulate to maintain its competitive edge. Adith Chairattananon of the Association of Thai Travel Agents suggests that Thailand should adopt an instant tax refund system to encourage higher tourist spending. Since the start of the year, China's progressive tourism policy, which features instant tax refunds and extended visa-free transit for 54 countries, has made a significant impact. Japan, another major competitor, currently holds the position as Asia's top destination for Chinese tourists. Their adoption of tax-free incentives has resulted in a 219% surge in tax-free spending this March compared to 2019. This boom highlights the potential for growth that Thailand risks missing out on. Thapanee Kiatphaibool from the Tourism Authority of Thailand acknowledged the importance of tax-free shopping in easing travel, a policy discussed since 2024. While China sets the benchmark in driving tourist expenditure, the Thai government, particularly the Finance Ministry, is examining such a scheme. The consensus is clear: as China emerges as a formidable rival on the global tourism stage, it is imperative for Thai authorities to unite and tackle these challenges head-on. Adith warns that relying on attractions such as casinos, seen in Vietnam, will not suffice; instead, they must focus on robust infrastructure enhancements to sustain tourism growth. In conclusion, Thailand must match or exceed the enticements offered by its neighbours to remain a preferred destination for international tourists. Without implementing similar tax incentives, Thailand could see its appeal wane, struggling to keep pace with regional tourism frontrunners like China and Japan. Adapted by ASEAN Now from Bangkok Post 2025-04-29 -
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