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BUSINESS

Somkid tasks NESDB with creating information system

Business, Wichit Chantanusornsiri, Published on 03/05/2018

» Deputy Prime Minister Somkid Jatusripitak has instructed the National Economic and Social Development Board (NESDB) to design the country's big data architecture.

BUSINESS

Officials mull changes to corporate tax

Business, Wichit Chantanusornsiri, Published on 02/05/2018

» The Finance Ministry is conducting a study of the pros and cons of allowing subsidiaries that are situated in different geographic locations to separately pay corporate income tax to the areas where they are domiciled to make it more difficult to avoid tax payment.

BUSINESS

Customs to increase supply chain safety

Business, Wichit Chantanusornsiri, Published on 01/05/2018

» The Customs Department is about to seal deals for the Authorised Economic Operator (AEO) mutual recognition programme associated with international trade supply chain security with another five counterparts by next year.

BUSINESS

State firms continue windfall

Business, Wichit Chantanusornsiri, Published on 01/05/2018

» State enterprises' income contribution outpaced their target by 36% for the seven months through April, says the chief of the State Enterprise Policy Office (Sepo).

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BUSINESS

Huge 5-year budget for national reform

Business, Wichit Chantanusornsiri, Published on 30/04/2018

» The Budget Bureau has set a five-year budget framework for national reform through fiscal 2023 of more than 700 billion baht, with the biggest slice going to economic reform and water management.

BUSINESS

State enterprises exceed 6-month revenue targets

Business, Wichit Chantanusornsiri, Published on 27/04/2018

» Government revenue outpaced its target by 3.7% during the six months to March, thanks to higher than expected contributions from state enterprises and other state agencies.

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BUSINESS

Training no-shows examined

Business, Wichit Chantanusornsiri, Published on 26/04/2018

» The Finance Ministry will review a measure to take back the additional living allowance given to those who registered to take training programmes under the government's second phase of the welfare and subsidy scheme but failed to do so.

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BUSINESS

TCG targets SME guarantees

Business, Wichit Chantanusornsiri, Published on 26/04/2018

» State-owned Thai Credit Guarantee Corporation (TCG) will focus on providing loan guarantees under the portfolio guarantee scheme 7 (PGS7) to small and medium-sized enterprise (SME) operators who comply with the government's single financial account policy.

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BUSINESS

Tax relief for digital assets a non-starter

Business, Wichit Chantanusornsiri, Published on 25/04/2018

» The Revenue Department has rebuffed a request by digital asset operators to scrap a tax-collecting agency's plan to impose a 15% withholding tax on capital gains and returns from putting money into such assets.

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BUSINESS

20,000 more electronic data capture devices planned

Business, Wichit Chantanusornsiri, Published on 24/04/2018

» An additional 20,000 electronic data capture (EDC) devices are set to be installed at Thong Fah Pracha Rat and Pracha Rat shops across the country to facilitate state welfare smart card holders' spending, says a senior official at the Finance Ministry.