Showing 1-10 of 40 results
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GSB doubles lending to food vendors
Business, Wichit Chantanusornsiri, Published on 06/03/2019
» The state-owned Government Savings Bank (GSB) aims to extend loans worth 5 billion baht, twice as much as last year, to 100,000 street food vendors in 2019.
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ICOs get 30 extra days to inform SEC
Business, Wichit Chantanusornsiri, Published on 29/03/2018
» A draft version of a royal decree regulating transactions related to digital assets will grant issuers of initial coin offerings (ICOs) 90 days to inform the Securities and Exchange Commission (SEC) of their plans before the law takes effect.
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Department promotes promising stars in lacklustre year
Business, Wichit Chantanusornsiri, Published on 18/04/2024
» The Revenue Department says there are significant challenges this year achieving tax collection targets because of the slowdown in economic activities, although it has identified five sectors that show promise.
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SET urged to build trust and confidence
Business, Wichit Chantanusornsiri, Published on 09/04/2024
» The Finance Ministry is suggesting the Stock Exchange of Thailand (SET) accelerate efforts to build trust and confidence in a bid to attract investment on the Thai bourse.
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Online sales reporting ‘could bring in B10bn in taxes’
Wichit Chantanusornsiri, Published on 04/01/2024
» A requirement for online platform operators to submit sellers’ income statements to the Revenue Department should increase tax revenue by roughly 10 billion baht, says Lavaron Sangsnit, permanent secretary of the Ministry of Finance.
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Capital market leader for escrow transactions
Business, Wichit Chantanusornsiri, Published on 02/09/2023
» Fiscal Policy Office (FPO) data reveals for the 15-year period the country has had escrow legislation, escrow service transactions tallied 867 billion baht, mainly attributed to capital market transactions, according to an FPO source who requested anonymity.
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Token market classification planned
Business, Wichit Chantanusornsiri, Published on 13/12/2022
» The Revenue Department plans to issue rules soon that classify types of digital tokens as part of its move to support token market development, says director-general Lavaron Sangsnit.
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Rules for levy on crypto profits imminent
Business, Wichit Chantanusornsiri, Published on 11/01/2022
» Clear criteria for calculating withholding taxes on profits from cryptocurrency and digital asset trading is expected to be issued this month, said Ekniti Nitithanprapas, director general of the Revenue Department.
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Exim urges SMEs to export
Business, Wichit Chantanusornsiri, Published on 14/08/2021
» Small and medium-sized enterprises (SMEs) should venture into overseas markets to seek growth, says Export-Import Bank of Thailand (Exim Bank) president Rak Vorrakitpokatorn.
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Regulator mulls increasing bonds sold via e-wallet app
Business, Wichit Chantanusornsiri, Published on 15/02/2021
» The Public Debt Management Office (PDMO) is preparing to increase the issuance of government savings bonds sold digitally, potentially reaching 10 billion baht if there is adequate demand.
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