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THAILAND

TAXES IN THAILAND XX: VAT Part Two

Spectrum, Published on 20/05/2012

» Last week we talked about the theory behind the value added tax (VAT) and how it works from the point of view of the average consumer. This week we'll discuss it in a little more depth for those operating businesses who might have to withhold the tax and pay it to the government.

THAILAND

Your pension: the harsh realities

Spectrum, Andrew Wood, Published on 20/05/2012

» One of the most difficult things to predict is the amount of income you will need for your golden years. This is something you should discuss with your financial adviser so that he or she can make detailed calculations and come up with a projection for you to use as a target.

THAILAND

As Myanmar opens, donor exit at border puts dreams in peril

Spectrum, Published on 20/05/2012

» When she heard the foreign donations that paid for her studies were falling drastically, 16-year-old Myanmar migrant Seng Jam Longzaw began to worry that her dream of becoming a nurse was vanishing.

THAILAND

There's a boom at the inns

Spectrum, Published on 06/05/2012

» Over the past two years, there have been many major hotel transactions Thailand, with a combined value of more than 500 million baht. This reflects an increased availability of hotel assets for sale and strong investor interest.

THAILAND

Emerging drug-resistant strain a fierce foe in malaria battle

Spectrum, Published on 06/05/2012

» Malaria remains a public health concern in Thailand even though the number of infected patients has declined tremendously from 125,000 in 1998 to 35,600 in 2007 and 34,002 in 2011. What's causing alarm among officials now, however, is the emerging resistance of Plasmodium falciparum _ the parasite responsible for malaria _ to conventional drugs.

THAILAND

Condominium developers 'Lowering' their sights

Spectrum, Published on 29/04/2012

» Last year's floods directly affected the residential market in Bangkok and its suburbs, especially low-rise housing in Nonthaburi. In fact, buyers in all areas in and around Bangkok became very wary, which is why many developers postponed the launches of their new projects to the first quarter of 2012. Some condominiums had already started running their advertising campaigns and released all sales information prior to the flood, but froze all marketing until 2012, while others postponed their launch dates.

THAILAND

TAXES IN THAILAND XVII: Who has to file a tax return?

Spectrum, Published on 29/04/2012

» In the last few weeks we have had many readers contact us with questions about what tax returns they're supposed to file with the Thai government. In particular, some stated they had work permits, that taxes were being withheld and paid for them by their employers, but that they had never filed returns nor had they been asked to.

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THAILAND

Breathing new life into neglected investments

Spectrum, Andrew Wood, Published on 22/04/2012

» Expatriates are often investors out of necessity but are rarely cared for in the way they would be back in their home countries. The vast majority of expats get the bug and become lifelong travellers once they have been living and working abroad for a few years, whereas others become expats upon retirement.

THAILAND

It's getting hot down by the river

Spectrum, Published on 22/04/2012

» Those of us in the property business are often asked what the hot locations for condominiums in Bangkok are. The answer has always been areas that are within walking distance of a mass transit station or prime locations popular commercial areas such as Phloenchit, Langsuan, Sukhumvit or Sathon roads.

THAILAND

For African footballers, the grass is greener in Thailand

Spectrum, Ezra Kyrill Erker, Published on 15/04/2012

» The Thai Premier League _ boosted by increasing sponsorship, popular support and financial backing from politicians and corporate millionaire chairmen _ is on the rise. TPL champions Buriram United defeated the top teams of the Japanese and Chinese leagues in its first two Asian Champions League matches last month, an achievement unimaginable a few years ago.