Showing 1 - 10 of 11
Corporate income tax cut to 10% in SEZs
Business, Wichit Chantanusornsiri, Published on 15/01/2025
» The Revenue Department has reduced the corporate income tax rate for businesses in special economic zones (SEZs) to 10% for 10 years to promote investment in the zones.
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.
How VAT on cheap imported goods adds up
Business, Wichit Chantanusornsiri, Published on 02/05/2024
» Thailand has embraced the digital economy, with trade on foreign online platforms increasing rapidly, disrupting domestic entrepreneurs.
State enterprises disburse almost B100bn
Business, Wichit Chantanusornsiri, Published on 27/05/2022
» State enterprises disbursed an investment budget of almost 100 billion baht from October 2021 to April 2022, representing 29% of the total investment budget, according to State Enterprise Policy Office director-general Pantip Sripimol.
Treasury tweaking SEZ perks for companies
Business, Wichit Chantanusornsiri, Published on 21/09/2020
» The Treasury Department is preparing to adjust investment privileges given to private investors in the department's special economic zones (SEZs), aligning them with the incentives for the Eastern Economic Corridor.
TCC submits business support schemes
Business, Wichit Chantanusornsiri, Published on 14/09/2019
» The Thai Chamber of Commerce (TCC) has proposed a raft of measures, including establishing permanent downtown value-added tax (VAT) refund points and a public-private committee tasked with solving taxation problems and regulatory obstacles, in order to facilitate business and drive the country's economic growth.
New evaluation bumps up land appraisal prices
Business, Wichit Chantanusornsiri, Published on 01/04/2019
» Average land appraisal prices nationwide are expected to increase 10-20% when the new evaluation comes into force next year, says the head of the Treasury Department.
2nd round of Tak's SEZ bidding opens
Business, Wichit Chantanusornsiri, Published on 02/03/2019
» The Treasury Department has opened the second round of auctions for leasing state land to develop the special economic zone (SEZ) in Tak province after the first auction failed to attract bidder.
Treasury Department moves to raise commercial rent
Business, Wichit Chantanusornsiri, Published on 14/11/2018
» The Treasury Department wants to raise the rent for land being used for commercial purposes to a 4% return on assets, up from 2-3% of ROA, to match the economic situation, the department chief says.
ADB lends B3.4bn for highways
Business, Wichit Chantanusornsiri, Published on 05/07/2018
» The Finance Ministry has borrowed 3.4 billion baht from the Asian Development Bank (ADB) to build two four-lane roads in Thailand's Northeast, marking the country's first borrowing from the Manila-based development lender in almost a decade.