Showing 1 - 10 of 49
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.
US weighs upgrade for Vietnam to 'market economy' status
Published on 08/05/2024
» WASHINGTON: US President Joe Biden's bid to draw Vietnam closer as a strategic ally will clash head-on with his desire for union workers' votes on Wednesday as the Commerce Department hears testimony on whether to designate Vietnam as a "market economy".
Taliban touts regional energy trade hub
Published on 02/05/2024
» KABUL - The Taliban has agreed with Kazakhstan and Turkmenistan to build a logistics hub in western Afghanistan aimed at making the war-torn nation a major logistics point for regional exports, including oil from Russia to South Asia, the country’s commerce minister said.
Binance founder gets 4 months in US prison
Published on 01/05/2024
» SEATTLE - Changpeng Zhao, the former chief executive of Binance, was sentenced on Tuesday to four months in prison after pleading guilty to violating US laws against money laundering at the world’s largest cryptocurrency exchange.
New finance minister given thumbs up
Business, Published on 30/04/2024
» Stock market analysts welcomed Pichai Chunhavajira as the new finance minister, saying the former Stock Exchange of Thailand (SET) chairman is expected to actively oversee the capital market and push forward economic stimulus as the 2024 fiscal budget is ready for disbursement.
The thorny issue of digital wallet funding
Business, Wichit Chantanusornsiri, Published on 25/04/2024
» The coalition government led by Prime Minister Srettha Thavisin made a significant pivot on its flagship scheme, which aims to hands out 10,000 baht each to 50 million Thais via a digital wallet, shifting from government borrowing, which drew sharp criticism and raised concerns about potential violations of financial and fiscal discipline regulations.
Thailand begins OECD membership process
Business, Wichit Chantanusornsiri, Published on 18/04/2024
» Thailand has developed a roadmap to become a member of the Organisation for Economic Co-operation and Development (OECD), a group of developed countries, aiming to elevate the country’s standards and broaden trade and investment opportunities.
Department promotes promising stars in lacklustre year
Business, Wichit Chantanusornsiri, Published on 18/04/2024
» The Revenue Department says there are significant challenges this year achieving tax collection targets because of the slowdown in economic activities, although it has identified five sectors that show promise.
Indonesia to curb electrical goods imports
Published on 09/04/2024
» JAKARTA - The Indonesian industry ministry has issued a regulation restricting imports of electronic goods including air conditioners, refrigerators and laptop computers, a move it said aimed to improve investment certainty.
China lifts penalty duties on Australian wine
Published on 28/03/2024
» BEIJING - China has scrapped anti-dumping and anti-subsidy tariffs on Australian wine, signalling an end to a three-year campaign of trade pressure on Canberra and raising hopes for a revival of the billion-dollar industry.