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BUSINESS

State mulls B60bn in salary co-payment

Business, Chatrudee Theparat, Published on 02/07/2021

» The government looks set to allocate about 60 billion baht to support a fresh 50% co-payment subsidy for the monthly salaries of employees of small and medium-sized enterprises (SMEs), in a move to deter mass layoffs in the country.

BUSINESS

BoI approves new R&D, HR privileges

Business, Chatrudee Theparat, Published on 01/07/2021

» The Board of Investment (BoI) on Wednesday approved enhanced incentives to research & development (R&D) and human resource development, to attract semiconductor manufacturing, digital activities and smart packaging businesses.

BUSINESS

B8.5bn in aid to cushion impact of new restrictions

Business, Chatrudee Theparat, Published on 30/06/2021

» The cabinet yesterday approved an 8.5-billion-baht relief package to help ease the impact of the government's latest Covid-19 control measures, including a ban on dining in at restaurants and closures of construction sites in the capital and five surrounding provinces.

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BUSINESS

Restaurateurs eye B30bn in loan support petition

Business, Chatrudee Theparat, Published on 25/06/2021

» Restaurant operators yesterday submitted a petition to the government calling for loan support worth 30 billion baht with a 100% debt guarantee coverage from state-owned Thai Credit Guarantee Corporation (TCG).

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BUSINESS

Cabinet approves Phuket sandbox

Business, Chatrudee Theparat, Published on 23/06/2021

» The cabinet on Tuesday approved the Phuket sandbox tourism scheme that sees the island reopen on July 1, followed by a trio of destinations in the Gulf of Thailand -- Koh Samui, Koh Phangan and Koh Tao -- on July 15, allowing in fully vaccinated tourists from some countries.

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BUSINESS

Measures to lure wealthy foreigners hit obstacle

Business, Chatrudee Theparat, Published on 08/06/2021

» Fresh investment measures including a sweeping plan to allow rich foreigners to enjoy a long-stay visa for up to 10 years, own land and property, and pay a 17% personal income tax on local earnings are yet to be settled, as the Finance Ministry is still resisting the thorny tax reduction proposal.

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BUSINESS

Phuket set for July reopening

News, Chatrudee Theparat, Published on 05/06/2021

» The government gave the green light to the plan to reopen Phuket to vaccinated foreign tourists starting on July 1, although visitors are required to remain on the resort island for 14 days before leaving the province.

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BUSINESS

New co-payment aid for SME wages

Business, Chatrudee Theparat, Published on 03/06/2021

» The government is set to roll out a fresh 50% co-payment subsidy for the monthly salary of employees of small and medium-sized enterprises (SMEs), its latest move to deter mass layoffs in the country.

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BUSINESS

Package needed to spur interest in S-curve

Business, Chatrudee Theparat, Published on 27/05/2021

» The Board of Investment (BoI) is being urged to implement more proactive approaches to promote investment, especially in targeted industries.

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THAILAND

B700bn loan gets govt nod

News, Chatrudee Theparat, Published on 19/05/2021

» The cabinet has approved the draft of an executive decree authorising the government to borrow an additional 700 billion baht to revitalise the economy battered by the latest wave of Covid-19 infections, a government source said.