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BUSINESS

E-service tax poised to surpass B5bn

Business, Wichit Chantanusornsiri, Published on 22/02/2021

» The Revenue Department expects tax revenue collection from the upcoming e-service tax to tally more than 5 billion baht per year as the pandemic crisis has stirred traffic on online platforms.

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BUSINESS

Govt to recapitalise Thai Airways with B10bn

News, Wichit Chantanusornsiri, Published on 28/10/2022

» The government will need to raise 10 billion baht to recapitalise financially ailing Thai Airways International (THAI) to keep its shareholding in the company from dipping below 40%, according to the State Enterprise Policy Office (Sepo).

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BUSINESS

Govt to inject another B10bn into THAI

Wichit Chantanusornsiri, Published on 27/10/2022

» The Finance Ministry plans to inject 10 billion baht into Thai Airways International to keep its shareholding from dipping below 40%, according to the State Enterprise Policy Office (Sepo).

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BUSINESS

Foreign websites to pay VAT

Business, Wichit Chantanusornsiri, Published on 26/07/2021

» Around 20 large overseas online platform operators plan to register as value-added tax (VAT) payers in Thailand, says Ekniti Nitithanprapas, director-general of the Revenue Department.

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BUSINESS

Thai Airways loses state enterprise status after stake sell-off

News, Wichit Chantanusornsiri, Published on 23/05/2020

» Debt-ridden Thai Airways International (THAI) has lost its state enterprise status after the Vayupak 1 Fund bought a 3.17% stake from the Finance Ministry on Friday, a source at the fund said.

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THAILAND

Solution to THAI woes 'in 2 months'

News, Wichit Chantanusornsiri, Published on 26/03/2020

» The Finance and Transport ministries have pledged to work together to find a solution within two months to turn ailing Thai Airways International (THAI) around, according to finance permanent secretary Prasong Poontaneat.

BUSINESS

Government Complex won't secure interest costs

Business, Wichit Chantanusornsiri, Published on 20/11/2019

» Securitisation to lock in development costs for Zone C at the Chaeng Watthana Government Complex is not in the pipeline for Dhanarak Asset Development amid the low interest rate cycle, its head says.

BUSINESS

Two top-up machines to receive BAAC deposits

Business, Wichit Chantanusornsiri, Published on 18/09/2019

» The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) has appointed two top-up machine operators -- Forth Smart Service (FSMART) and Sabuy Technology -- as banking agents to receive deposits and distribute Kaset Yung Yeen savings certificates.

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BUSINESS

TCC submits business support schemes

Business, Wichit Chantanusornsiri, Published on 14/09/2019

» The Thai Chamber of Commerce (TCC) has proposed a raft of measures, including establishing permanent downtown value-added tax (VAT) refund points and a public-private committee tasked with solving taxation problems and regulatory obstacles, in order to facilitate business and drive the country's economic growth.

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THAILAND

FPO rehashes bill to levy pollution tax

Business, Wichit Chantanusornsiri, Published on 19/02/2019

» The Fiscal Policy Office (FPO) has dusted off a bill that enables the Finance Ministry to impose taxes and fees on polluters in a fresh effort to fight environmental problems.