Showing 1 - 7 of 7
New land appraisal prices to have limited impact
Business, Wichit Chantanusornsiri, Published on 21/01/2026
» A new round of land appraisal prices to be effective in 2027 is expected to increase land prices along mass transit lines in Bangkok and surrounding areas by no more than 10%, attributed to the ongoing economic slowdown.
Premier calls for capacity upgrade
Business, Wichit Chantanusornsiri, Published on 19/02/2025
» Prime Minister Paetongtarn Shinawatra has directed three economic ministries to develop strategies to revitalise the country's capacity utilisation, which has slumped despite an increase in industrial investment and exports.
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.
Department to scrutinise tax filings
Business, Wichit Chantanusornsiri, Published on 10/02/2023
» The Revenue Department plans to step up its examination of suspicious personal income tax returns, says director-general Lavaron Sangsnit.
Investment misses public target levels
Business, Wichit Chantanusornsiri, Published on 11/02/2020
» A meagre 25 billion baht in investment budget was doled out in the first three months of fiscal 2020, as the months-delayed 3.2-trillion-baht budget bill has yet to be enforced, says a source at the Finance Ministry who requested anonymity.
VAT refund for tourists hiked to B30,000
Business, Wichit Chantanusornsiri, Published on 18/10/2019
» The Revenue Department is set to raise the ceiling for value-added tax (VAT) refunds for tourists at downtown agents to 30,000 baht per traveller from 12,000 baht at present.
Decision soon on PPP duty-free issue
Business, Wichit Chantanusornsiri, Published on 17/04/2019
» A legal subcommittee under the Public-Private Partnership (PPP) committee is expected to decide whether the bidding process for the duty-free shop concession falls under the newly amended PPP Act by the end of this month.