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Search Result for “income tax”

Showing 1 - 10 of 15

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BUSINESS

BoT optimistic 4% growth obtainable

Business, Pawee Sirimai, Published on 01/12/2017

» The Bank of Thailand has painted a rosy picture of the country's economy, saying it is quite possible for fourth-quarter growth to exceed the 4.3% registered in the third quarter, adding full-year growth of 4% is obtainable if exports continue to rise at a double-digit pace.

BUSINESS

Study: Use LTF tax credit, not deduction

Business, Pawee Sirimai, Published on 23/11/2017

» The Finance Ministry should replace tax deduction on investment in long-term equity funds (LTFs) with a tax credit that aims at reducing inequality and lowering the government's foregone revenue, says a local professor.

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BUSINESS

More tax incentives sought to help elderly with employment

Business, Pawee Sirimai, Published on 07/11/2017

» Deputy Prime Minister Somkid Jatusripitak has instructed the Fiscal Policy Office (FPO) to consider additional tax incentives as a means to support senior citizens' employment and businesses as Thailand moves towards becoming an aged society.

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THAILAND

Two options for shopping tax break

Business, Pawee Sirimai, Published on 07/11/2017

» The tax break on year-end shopping is set to go before the cabinet today, but there are two options for implementation -- running for one month with immediate effect or two weeks but coming into effect later, says an informed source at the Finance Ministry.

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BUSINESS

Central bank's MPC predicts growth, with caveats

Business, Pawee Sirimai, Published on 12/10/2017

» The Bank of Thailand's rate-setting committee foresees further economic growth but is concerned over rising bad loans in the short term and search-for-yield behaviour increasing amid the low-interest-rate environment.

BUSINESS

Economist: Business environment central to FDI growth

Business, Pawee Sirimai, Published on 05/05/2017

» Thailand should put more effort into improving the business environment to attract foreign direct investment instead of creating further tax incentives, says an economist.

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BUSINESS

World Bank keeps wary outlook

Business, Pawee Sirimai, Published on 19/04/2017

» The country's underlying productivity challenges are expected to cap Thai economic growth at a mere 3.4% in 2019, the World Bank says.

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BUSINESS

MPC raises GDP growth view

Business, Pawee Sirimai, Published on 30/03/2017

» The Bank of Thailand's Monetary Policy Committee (MPC) yesterday raised its 2017 economic growth forecast to 3.4% from 3.2% predicted three months ago because of a stronger export outlook, as it kept the policy rate unchanged at 1.5% as widely expected.

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BUSINESS

Hot-money inflow into bonds piques BoT curiosity

Business, Pawee Sirimai, Published on 01/03/2017

» The massive offshore fund inflows spotted in the Thai bond market in February amid prospects of a firmer baht could trigger speculative activity or more benign use of Thai assets as a shelter from global fluctuation, says a senior Bank of Thailand official.

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THAILAND

Thai economy set to hold steady

Business, Pawee Sirimai, Published on 04/01/2017

» The Thai economy looks poised for modest growth in 2017 as domestic strengths are expected to cushion larger downside risks from external headwinds, the central bank and economists say.