Showing 1,321 - 1,328 of 1,328
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.
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.
Alibaba urges higher import duty exemption
Business, Wichit Chantanusornsiri, Published on 23/04/2018
» Jack Ma's flagship unit Alibaba has asked the Thai government to raise the maximum 1,500-baht import duty exemption in a push that could boost the country's demand for imported goods and cut customs officials' workload.
Apisak: Rate spread will narrow gradually
Business, Wichit Chantanusornsiri, Published on 23/04/2018
» Finance Minister Apisak Tantivorawong has toned down his recent comments about a large interest rate spread between corporate and small-business loans, saying the gap will be gradually narrow with the use of big data in lending and the introduction of financial statements submitted to the Revenue Department for loan applications.
Off-budget lending under new limits
Business, Wichit Chantanusornsiri, Published on 21/04/2018
» The Fiscal Responsibility Act, which puts more restrictions on government off-budget loan-seeking legislation, should help the fiscal budget be spent more thoughtfully, says a senor official at the Finance Ministry.
Climbing the ladder of Thai banking
Business, Wichit Chantanusornsiri, Published on 21/04/2018
» Chatchai Payuhanaveechai once saw his career in the banking industry as a path to follow in his parent's footsteps and become a retail merchant, but he's not only remained a banker for more than three decades -- he also managed to climb to the top post at state-owned Government Savings Bank (GSB).
Sepo awaits duty-free bid rules
Business, Wichit Chantanusornsiri, Published on 20/04/2018
» The State Enterprise Policy Office (Sepo) has submitted three retail associations' proposals for the upcoming duty-free shop concession at international airports to Airports of Thailand Plc (AoT), but there has been no response, says a senior official.
Apisak cools talk of state bank mergers
Business, Wichit Chantanusornsiri, Published on 19/04/2018
» The government will not force state-owned banks to merge after cabinet approval of tax incentives to encourage local lenders to consolidate in the hopes of sharpening their competitive edge against foreign lenders and regional rivals, says Finance Minister Apisak Tantivorawong.