Showing 1 - 10 of 18
Draft financial hub law heads to cabinet
Business, Wichit Chantanusornsiri, Published on 23/01/2025
» The Finance Ministry has completed drafting the financial hub legislation and expects to submit it to the cabinet in early February.
Treasury project boosts lease agreements
Business, Wichit Chantanusornsiri, Published on 21/11/2024
» The Treasury Department is accelerating efforts to provide affordable state land leases for residential and agricultural purposes under the "Thanarak Eua Rat" (Treasury for the People) project, with a goal of issuing more than 3,900 lease agreements by 2025.
VAT refunds surge after reopening
Business, Wichit Chantanusornsiri, Published on 31/05/2023
» Tourist tax refunds have skyrocketed since Thailand fully reopened in June last year, according to Revenue Department director-general Lavaron Sangsnit.
Bridging the gap
Business, Wichit Chantanusornsiri, Published on 26/09/2022
» Cross-border trade between Thailand and neighbouring countries is thriving, thanks in part to expanded infrastructure connectivity.
State Enterprise Policy Office announces 4 PPP megaprojects
Business, Wichit Chantanusornsiri, Published on 24/02/2021
» Four mega-infrastructure development projects, worth a combined 160 billion baht, will be developed this year under the public-private partnership (PPP) arrangement, says the State Enterprise Policy Office (Sepo).
Blockchain-led VAT refund app in global debut
Business, Wichit Chantanusornsiri, Published on 18/01/2020
» The roll-out of the world's first blockchain-powered value-added tax (VAT) refund for tourists via an app is estimated to increase foreign tourist spending by 10% in Thailand.
BAAC allots B100bn for smart farms
Business, Wichit Chantanusornsiri, Published on 12/11/2019
» The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) aims to lend 100 billion baht in the next two years to expand the smart farmer model to 4,500 communities nationwide, its chief says.
Import duty cut up in the air
Business, Wichit Chantanusornsiri, Published on 22/10/2019
» The Finance Ministry has not made a decision on whether the import duty on luxury brands will be temporarily cut to 5% from 30% as proposed by the Tourism and Sports Ministry to boost tourism this year.
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.
Applications for VAT refund agents to open
Business, Wichit Chantanusornsiri, Published on 23/09/2019
» The Revenue Department is set to open applications for permanent downtown value-added tax (VAT) refund agents after satisfactory outcomes during a trial run, with higher sales from VAT-free shops to tourists.