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Showing 1 - 10 of 27

BUSINESS

Customs mulls duty hike on luxury goods

Business, Wichit Chantanusornsiri, Published on 16/02/2026

» The Customs Department is considering raising import duties on luxury goods to increase government revenue.

BUSINESS

Digital tech central to national upgrade

Business, Wichit Chantanusornsiri, Published on 11/02/2026

» The government has pledged to leverage digital technology to upgrade agricultural supply chains.

BUSINESS

Online vendors, influencers warned over tax compliance

Business, Wichit Chantanusornsiri, Published on 10/01/2025

» The Revenue Department issued a warning to independent business owners, particularly online vendors and influencers, to file their taxes correctly, insisting the department can leverage IT systems to monitor their tax compliance.

BUSINESS

Analyst wary of Chinese threat perception

Wichit Chantanusornsiri, Published on 26/08/2024

» The new government is being urged to urgently address the perception that Chinese products and investments pose a threat to Thais before the issue escalates and negatively affects Thailand's exports and tourism.

BUSINESS

Tax refunds delayed by surge in fake submissions

Business, Wichit Chantanusornsiri, Published on 27/05/2024

» The delay in personal income tax refunds this year is partly related to stricter document verification, as more fake documents were submitted to claim refunds, according to the Revenue Department.

BUSINESS

Authorities nab fake VAT invoice gangs

Business, Wichit Chantanusornsiri, Published on 16/02/2024

» The Revenue Department is developing a data analytics system for entrepreneurs to enter the tax payment system and avoid counterfeit tax invoices, says director-general Kulaya Tantitemit.

BUSINESS

Going global

Business, Wichit Chantanusornsiri, Published on 24/07/2023

» Why are Thai small and medium-sized enterprises (SMEs) unable to penetrate foreign markets as other countries do? Apart from a lack of courage in tackling obstacles to international trade, Thai SMEs' lack of research and development (R&D) is one of the key factors hindering them from entering the global market.

BUSINESS

VAT reverse charge scheme in the pipeline

Business, Wichit Chantanusornsiri, Published on 18/07/2023

» The Revenue Department is planning to launch a value-added tax (VAT) reverse charge scheme in the scrap metal industry to reduce the risk of refund fraud by January 2024, says director-general Lavaron Sangsnit.

BUSINESS

BAAC to launch B100bn savings lottery

Business, Wichit Chantanusornsiri, Published on 02/03/2023

» The Bank for Agriculture and Agricultural Cooperatives (BAAC) plans to raise savings through the launch of savings lotteries worth 100 billion baht, says executive vice-president Manop Jinamai.

BUSINESS

Banking on technology

Business, Wichit Chantanusornsiri, Published on 01/11/2021

» State agencies and state-run banks have been harnessing technology to enhance their performance, ranging from analysing suspicious tax evasion cases to facilitating bank customers conducting a live chat to request a loan.