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Search Result for “convert”

Showing 1 - 10 of 17

BUSINESS

Agency preps plan for the silver economy

Business, Wichit Chantanusornsiri, Published on 02/12/2025

» The government planning unit is crafting a comprehensive strategy for the "silver economy", a market valued at 2.45 trillion baht and projected to grow significantly as the nation transitions to an aged society.

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

Tax shift props up the auto industry

Wichit Chantanusornsiri, Published on 02/08/2025

» Former prime minister Thaksin Shinawatra said during a recent conference that the government should impose a high excise tax on imported electric vehicles (EVs) that use a low proportion of local content.

BUSINESS

Effort to ease digital wallet merchant rules

Business, Wichit Chantanusornsiri, Published on 13/02/2025

» The Finance Ministry is looking into easing the cash out requirements for merchants participating in the digital wallet scheme to enhance accessibility and boost its appeal.

BUSINESS

New taxes for EVs

News, Wichit Chantanusornsiri, Published on 05/12/2024

» The national committee in charge of promoting the electric-vehicle (EV) industry has approved a new car tax structure to support the production of hybrid vehicles as part of a plan to convert internal combustion engines to electric power.

PROPERTY

Luring foreigners to real estate

Business, Wichit Chantanusornsiri, Published on 16/11/2024

» Finance Minister Pichai Chunhavajira is looking at several options to stimulate the country's economy, with a focus on attracting more foreign investors.

BUSINESS

Shareholders mull THAI's capital bid

Business, Wichit Chantanusornsiri, Published on 15/11/2024

» Thai Airways International's (THAI) shareholders have yet to decide if they want to inject more capital into the company, in line with its rehabilitation plan, as the company's financial situation has improved.

PROPERTY

Official urges courage in tax assessment

Business, Wichit Chantanusornsiri, Published on 10/06/2024

» Local governments must be courageous in assessing which land plots are being underutilised or not used as they should be, as this assessment determines the maximum tax burden according to the land and building tax, says finance permanent secretary Lavaron Sangsnit.

BUSINESS

Carbon levy slated for 2025

Business, Wichit Chantanusornsiri, Published on 05/06/2024

» The Excise Department is scheduled to impose a carbon tax by 2025.

BUSINESS

Handout funding to diminish spending on other projects

Business, Wichit Chantanusornsiri, Published on 27/04/2024

» Once the government allocates substantial funds for its flagship digital wallet handout, spending on other projects will be reduced, says finance permanent secretary Lavaron Sangsnit.