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Search Result for “enforced”

Showing 1 - 10 of 56

BUSINESS

Agency to monitor growing scam threat

Business, Wichit Chantanusornsiri, Published on 27/10/2025

» The National Economic and Social Development Council (NESDC) has committed to regularly monitor and report on scam-related crimes, which have emerged as a growing social threat.

BUSINESS

EV subsidy suspensions to be clarified

Wichit Chantanusornsiri, Published on 17/06/2025

» The Thai government is looking to revise the rules for subsidy payments to electric vehicle (EV) manufacturers, as it seeks to clarify the conditions for suspending payments to firms unable to meet local production requirements.

BUSINESS

Excise Department preps salt tax roadmap

Business, Wichit Chantanusornsiri, Published on 18/02/2025

» The Excise Department has laid out a roadmap for the imposition of a salt tax (sodium tax), which would start with snack foods, which are known to possess little to no nutritional value.

BUSINESS

Unpacking the Top-Up Tax law

Business, Wichit Chantanusornsiri, Published on 11/01/2025

» The Top-Up Tax law is now being enforced in Thailand following its publication in the Royal Gazette.

BUSINESS

Move to employ foreign pilots riles Thai pilots

Business, Wichit Chantanusornsiri, Published on 04/12/2024

» The domestic aviation industry is thriving, with the cabinet on Tuesday approving foreign pilots flying domestic routes temporarily to address the pilot shortage, while the Thai Pilots Association is preparing to submit a petition to restrain this amendment.

BUSINESS

K-Research: Restructuring of industrial sector required

Business, Wichit Chantanusornsiri, Published on 21/06/2024

» Kasikorn Research Center (K-Research) predicts Thailand's Manufacturing Production Index (MPI) will contract by 2% this year, marking the second consecutive year of decline.

BUSINESS

Top-up tax draft heads to cabinet

Business, Wichit Chantanusornsiri, Published on 04/06/2024

» Draft legislation to collect taxes from multinational enterprises (MNEs) to prevent the shifting of profit to subsidiaries located in countries with a lower tax base is scheduled to be presented to the cabinet for approval in the next two weeks, says Deputy Finance Minister Julapun Amornvivat.

BUSINESS

A lever to capture corporate tax scofflaws

Business, Wichit Chantanusornsiri, Published on 23/05/2024

» Global tax reform efforts, led by the Organisation for Economic Co-operation and Development (OECD), have been building momentum since 2021, reaching agreement on one of the two pillars of tax reform: the establishment of a global minimum tax.

BUSINESS

The thorny issue of digital wallet funding

Business, Wichit Chantanusornsiri, Published on 25/04/2024

» The coalition government led by Prime Minister Srettha Thavisin made a significant pivot on its flagship scheme, which aims to hands out 10,000 baht each to 50 million Thais via a digital wallet, shifting from government borrowing, which drew sharp criticism and raised concerns about potential violations of financial and fiscal discipline regulations.

PROPERTY

Property tax rejig to amplify revenue

Wichit Chantanusornsiri, Published on 17/04/2024

» Amendment of the land and building tax law is meant to enhance both the efficiency of collection and levy an appropriate rate, while the criteria will have to be tightened to close tax loopholes, says finance permanent secretary Lavaron Sangsnit.