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Search Result for “income tax”

Showing 1 - 10 of 104

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GENERAL

Thai nominees to be scrutinised

Phusadee Arunmas, Published on 29/08/2024

» The Commerce Ministry is moving forward with in-depth inspections of businesses suspected of using Thai nominees to conceal foreign ownership, particularly in tourism, real estate and logistics.

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GENERAL

Department predicts rise in new business registrations

Business, Phusadee Arunmas, Published on 19/07/2024

» The Department of Business Development (DBD) expects new business registrations for 2024 to reach between 90,000 and 98,000, marking a 5-15% increase, attributed to the progress of the digital wallet handout policy, measures to attract foreign investment, namely the long-term resident visa scheme and corporate income tax exemption for foreign companies that conduct business here, as well as the use of investment budget following the disbursement of fiscal 2025 budget that began on April 26.

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GENERAL

Ministry touts Thailand as digital content hub

Business, Phusadee Arunmas, Published on 12/03/2024

» The Commerce Ministry is promoting Thailand as a hub for the digital content industry as it generates income of roughly 250 billion baht, aiming for 15-20% growth from the previous year.

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MOTORING

Minister nudges industry towards sustainability for exports

Business, Phusadee Arunmas, Published on 15/02/2024

» The Thai automotive industry is being urged to speed up the transition to new global regulations, which emphasise sustainability and clean energy, while leveraging free trade agreements (FTAs) to hone their competitive edge.

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GENERAL

Sentiment up in November

Business, Phusadee Arunmas, Published on 08/12/2023

» Consumer confidence rose for a fourth straight month in November, hitting the highest level in 45 months, driven largely by the government's policies to reduce the cost of living and stimulus measures.

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INVESTMENT

Eastern corridor investment plan confirmed

Phusadee Arunmas, Published on 24/11/2023

» The Eastern Economic Corridor (EEC) Policy Committee on Friday endorsed a draft 5-year EEC development plan for the period 2023 to 2027, with the aim of attracting a total of 500 billion baht worth of investments to the area, representing an average of 100 billion baht per year.

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INVESTMENT

Cabinet okays new ESG fund for savers, green investors

Business, Phusadee Arunmas, Published on 22/11/2023

» The cabinet on Tuesday approved the Thailand ESG Fund (TESG), a long-term savings fund that provides tax deductions for individual taxpayers and encourages investments in sustainability.

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GENERAL

BoI backs tax perks for auto industry

Phusadee Arunmas, Published on 09/11/2023

» The Board of Investment (BoI) on Thursday approved tax perks for three years for automotive industry businesses investing in automation and robotics to increase their productivity.

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INVESTMENT

EEC seeks investment of B500bn

Business, Phusadee Arunmas, Published on 18/10/2023

» The new government aims to attract 500 billion baht in real investments to the Eastern Economic Corridor (EEC) within five years.

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THAILAND

Govt blames cost for new payout rules on pensions

News, Phusadee Arunmas, Published on 16/08/2023

» The government has defended new requirements for the receipt of the elderly allowance, which replaces universal welfare payments. It said the universal welfare payments were too great a burden on state coffers.