Showing 1 - 10 of 44
Cabinet set to mull credit guarantee agency bill
Business, Wichit Chantanusornsiri, Published on 13/05/2025
» The Finance Ministry looks set to propose for cabinet consideration on Tuesday the draft bill for the National Credit Guarantee Agency (NaCGA), a new facility for small and medium-sized enterprises (SMEs) that provides direct guarantees for a low fee.
Inheritance tax collection rising sharply
Business, Wichit Chantanusornsiri, Published on 27/02/2025
» The Revenue Department has collected revenue from inheritance tax worth more than 4 billion baht over the past 10 years, with more than 1.5 billion collected in the last fiscal year alone.
Casino legalisation bill gives government the final say
News, Wichit Chantanusornsiri, Published on 21/12/2024
» The government will determine where casino-entertainment complexes will be located to ensure fairness among bidders in the project, if the bill legalising gambling in the country becomes law, Deputy Finance Minister Julapun Amornvivat said.
Casino law expected to be sent to cabinet this year
Business, Wichit Chantanusornsiri, Published on 24/10/2024
» The draft law on entertainment complexes is expected to be submitted to the cabinet for consideration this year, according to Deputy Finance Minister Julapun Amornvivat.
Bid to close profit shifting loophole
Business, Wichit Chantanusornsiri, Published on 23/04/2024
» The Revenue Department is drafting legislation to collect taxes from multinational enterprises (MNEs) to prevent profit shifting to subsidiaries in countries with lower tax bases.
State borrowing to fund digital wallet plan
Business, Wichit Chantanusornsiri, Published on 09/01/2024
» Thailand will be able to borrow to finance its 500-billion-baht digital wallet handout scheme in accordance with Section 53 and 57 of the 2018 State Fiscal and Financial Discipline Act, following an endorsement by the Council of State, says Julapun Amornvivat, the deputy finance minister.
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.
Banking transparency law set for 2024
Business, Wichit Chantanusornsiri, Published on 06/03/2023
» A law governing the exchange of information about people's deposit accounts among signatory countries is expected to come into force next year, says Revenue Department director-general Lavaron Sangsnit.
Arkhom pledges support, but recent rules cast doubt
Business, Wichit Chantanusornsiri, Published on 28/01/2022
» The government wants to support the use of digital assets to build the Thai economy, says Finance Minister Arkhom Termpittayapaisith.
Rules for levy on crypto profits imminent
Business, Wichit Chantanusornsiri, Published on 11/01/2022
» Clear criteria for calculating withholding taxes on profits from cryptocurrency and digital asset trading is expected to be issued this month, said Ekniti Nitithanprapas, director general of the Revenue Department.