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Search Result for “Phuket Sandbox”

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BUSINESS

Crackdown targets use of Thai proxies

Business, Wichit Chantanusornsiri, Published on 25/03/2026

» The government is tightening controls on nominees by introducing new measures to prevent foreigners from using Thais as proxies to operate businesses, effective April 1.

BUSINESS

Bitcoin to baht: digital assets sandbox in offing for foreign tourists

Wichit Chantanusornsiri, Published on 18/08/2025

» The government’s latest initiative allowing foreign tourists to convert digital assets into baht for spending during their time in the country is expected to boost foreign tourist spending by an additional 10%, says Finance Minister Pichai Chunhavajira.

BUSINESS

Fate of N3 lottery hangs in the balance

Business, Wichit Chantanusornsiri, Published on 25/11/2024

» The government may reconsider the sale of three-digit lottery tickets, or N3, if the experimental phase fails to effectively address the issue of underground lotteries.

BUSINESS

Isan area benefits from cash handout

Business, Wichit Chantanusornsiri, Published on 05/10/2024

» Of the top five provinces in the country that received the most money in the first phase of the government's cash handout, totalling 145 billion baht, four are located in the Northeast.

BUSINESS

Tax measures to cushion blow of wage increases

Business, Wichit Chantanusornsiri, Published on 08/07/2024

» The Finance Ministry expects to introduce measures soon to alleviate the impact on businesses burdened by an increase in the minimum wage.

BUSINESS

Inbound duty-free shops to be closed

Wichit Chantanusornsiri, Published on 02/07/2024

» The cabinet says duty-free shops in arrivals areas of international airports will be closed to encourage more spending by visitors in domestic stores, with projections for up to 3.5 billion baht a year of new local retail spending.

PROPERTY

Julapun defends new property proposals

Business, Wichit Chantanusornsiri, Published on 26/06/2024

» The proposal to allow foreigners to purchase real estate in Thailand will help stimulate the local economy, says Deputy Finance Minister Julapun Amornvivat.

BUSINESS

Revenue to launch AI to scrutinise taxes

Business, Wichit Chantanusornsiri, Published on 13/03/2023

» The Revenue Department is using artificial intelligence (AI) to examine tax payments, enabling deeper scrutiny and preventing tax evasion, says director-general Lavaron Sangsnit.

BUSINESS

Ministry to pilot utility bill data sandbox

Business, Wichit Chantanusornsiri, Published on 24/01/2023

» The Finance Ministry will test in a sandbox the use of utility bill data by small and medium-sized enterprises (SMEs) to support their applications for new loans from state-owned financial institutions, said Chuenchob Kongudom, vice-minister to the Prime Minister.

BUSINESS

Exim offers small firms export boost

Business, Wichit Chantanusornsiri, Published on 29/08/2022

» Export-Import (Exim) Bank of Thailand has launched a project to encourage small merchants or individuals to enter the export business, says president Rak Vorrakitpokatorn.