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GENERAL

New pension lottery intends to assist informal workers

Business, Wichit Chantanusornsiri, Published on 07/06/2024

» The Finance Ministry plans to introduce a pension lottery to promote retirement savings.

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GENERAL

New overseas income rules proposed

Business, Wichit Chantanusornsiri, Published on 05/06/2024

» The Revenue Department is preparing to amend the law to collect taxes from individuals who have income from abroad, even if that income is not brought into the country.

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GENERAL

Carbon levy slated for 2025

Business, Wichit Chantanusornsiri, Published on 05/06/2024

» The Excise Department is scheduled to impose a carbon tax by 2025.

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GENERAL

Top-up tax draft heads to cabinet

Business, Wichit Chantanusornsiri, Published on 04/06/2024

» Draft legislation to collect taxes from multinational enterprises (MNEs) to prevent the shifting of profit to subsidiaries located in countries with a lower tax base is scheduled to be presented to the cabinet for approval in the next two weeks, says Deputy Finance Minister Julapun Amornvivat.

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GENERAL

Trade upgrade

Business, Wichit Chantanusornsiri, Published on 03/06/2024

» Technological change, once a gentle breeze, is now sweeping through with much greater force, raising concerns about whether these advancements will disrupt Thailand's export sector, which accounted for 54.5% of GDP last year, excluding services.

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GENERAL

Office advances public-private pacts

Business, Wichit Chantanusornsiri, Published on 03/06/2024

» The State Enterprise Policy Office (Sepo) expects to push forward government investment projects this year under public-private partnerships (PPP) valued at close to the government's target of 47 billion baht.

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GENERAL

Exports must shift to cleaner production

Business, Wichit Chantanusornsiri, Published on 31/05/2024

» With the world moving towards green production, Deputy Finance Minister Paopoom Rojanasakul warns that Thailand will fall behind if the country does not shift in this direction.

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GENERAL

Thai Airways to get B12bn injection ahead of relisting

Business, Wichit Chantanusornsiri, Published on 24/05/2024

» The Finance Ministry plans to inject an additional 12 billion baht into Thai Airways International (THAI) Plc by October this year, hoping the national carrier can be relisted on the stock exchange by the middle of 2025 at the latest.

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INVESTMENT

GPF portfolio strategy shifts to handling risks

Business, Wichit Chantanusornsiri, Published on 24/05/2024

» The Government Pension Fund (GPF), the second-largest fund in the country, has shifted its investment strategy this year to creating a portfolio capable of handling appropriate risks, rather than maximising profits.

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GENERAL

A lever to capture corporate tax scofflaws

Business, Wichit Chantanusornsiri, Published on 23/05/2024

» Global tax reform efforts, led by the Organisation for Economic Co-operation and Development (OECD), have been building momentum since 2021, reaching agreement on one of the two pillars of tax reform: the establishment of a global minimum tax.