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Search Result for “$3 million”

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THAILAND

Grime and punishment: deluge victims still bailing out battered homes

Spectrum, Published on 04/03/2012

» There is a line scarring almost every building, post and fence along the northern and western outskirts of Bangkok. Brown, filthy and marinated in mould _ it jumps across highways and canals, staining walls, poles, pillars and fences, stretching across 30 of the capital's districts. It is the water mark of last year's floods, and often the only physical reminder of the fears continuing to reverberate throughout affected communities.

THAILAND

The downside of hotel oversupply

Spectrum, Published on 26/02/2012

» Those living in Bangkok will surely notice that there is a new hotel opening almost every month on average. Many may wonder why the city's hotel supply keeps growing given the frequent talk of oversupply, without any signs of slowing down. As of the third quarter of last year, there were a total of 30,815 hotel rooms in downtown Bangkok and a further 8,664 rooms in the pipeline to be completed by 2014, representing a 28% increase in existing supply.

THAILAND

Are zoos cashing in on tiger trade?

Spectrum, Tunya Sukpanich, Published on 26/02/2012

» Trade and trafficking in tigers and tiger parts in Thailand drew international attention following the seizure of 400kg of tiger meat and carcasses in Bangkok's Khlong Sam Wa district earlier this month. It's remained a thorny issue in Thailand despite global efforts to save the animals from extinction.

THAILAND

TAXES IN THAILAND Part VI: Calculation of assessable income _ an example

Spectrum, Published on 26/02/2012

» This week we're going to use an example to illustrate how taxable income is calculated.

THAILAND

TAXES IN THAILAND Part X: Credits _ part one

Spectrum, Published on 19/02/2012

» Last week, we calculated the tax for a fictional taxpayer. But that's not the end of the story. There may be ways to reduce the amount of tax due even after the basic amount is calculated, by subtracting items after the total amount of tax due is calculated. Items subtracted are called credits because the taxpayer is being credited because he or she has already paid them.

THAILAND

All financial roads lead to ratchadaphisek

Spectrum, Published on 19/02/2012

» Ratchadaphisek Road stands to become the future financial district of Bangkok. The road will be home to the AIA Capital Centre, a 35-storey commercial office building, and the Stock Exchange of Thailand's new office, which will form an integral part of the country's first financial hub.

THAILAND

Give property a home in your portfolio

Spectrum, Andrew Wood, Published on 19/02/2012

» To achieve and maintain a successful financial plan, it is essential that you continue to diversify your asset classes throughout your lifetime. One of the most common and favourable ways to do this is by entering the property.

THAILAND

She shall not be moved

Spectrum, Ezra Kyrill Erker, Published on 12/02/2012

» Five years ago, Boeung Kak Lake was Phnom Penh's largest. It served as home to some 20,000 Cambodians as well as the capital's backpacker ghetto, where foreign travellers would sit on guest house patios in a cannabis haze to watch the sun set over the waters and finish another Angkor Beer. And although the lake was full of sewage and debris and was hardly pristine, it served as an important catchment basin for the capital, providing equilibrium during the wet and dry seasons.

THAILAND

TAXES IN THAILAND Part IX: Tax calculation, carrying the example

Spectrum, Published on 12/02/2012

» Last week we discussed how an individual's taxable income is determined in Thailand. We used an example of an engineer working on a pipeline in Thailand who was married to a teacher. They live with their four children and their mother-in-law in Bangkok. In the example, after taking into account all of the deductions and exemptions, we concluded that their taxable income was 1,557,500 baht.

THAILAND

Myanmar's rising drug trade

Spectrum, Phil Thornton, Published on 12/02/2012

» Professor Des Ball pushes plates of what is left of a roast duck and barbeque prawn dinner to the side as he spreads a large map across the dinner table and stabs his finger at a point where northern Thailand meets Myanmar.