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Search Result for “subsidiaries”

Showing 1 - 10 of 17

BUSINESS

Office eager to amend outdated state enterprise laws

Business, Wichit Chantanusornsiri, Published on 09/02/2026

» The State Enterprise Policy Office (Sepo) looks set to "guillotine" state enterprise laws and regulations to improve their operational flexibility.

BUSINESS

State enterprises vital to OECD negotiations

Business, Wichit Chantanusornsiri, Published on 17/10/2025

» The Organisation for Economic Co-operation and Development (OECD) is requiring Thailand ensure non-discrimination in the bidding processes of its state-owned enterprises (SOEs), while Thailand has requested a five-year period to implement the necessary adjustments.

BUSINESS

Thai Credit Guarantee Corporation expands scope of credit services

Business, Wichit Chantanusornsiri, Published on 12/09/2025

» The Thai Credit Guarantee Corporation (TCG) can now offer its guarantees to entrepreneurs seeking loans from non-bank lenders that are not subsidiaries of financial institutions, covering auto leasing loans.

BUSINESS

Small businesses get credit guarantees to buy pickups

Business, Wichit Chantanusornsiri, Published on 07/03/2025

» The Thai Credit Guarantee Corporation (TCG) has earmarked 10 billion baht as a credit guarantee fund for small and medium-sized enterprises (SMEs) seeking to purchase pickups, improving their access to finance and stimulating the sluggish automotive industry.

BUSINESS

Cabinet okays draft on public sector procurement

Business, Wichit Chantanusornsiri, Published on 24/07/2024

» The cabinet has approved the draft ministerial regulations regarding public sector procurement by state enterprises and government agencies.

BUSINESS

Bid to revive confidence after EA fraud claim

Business, Wichit Chantanusornsiri, Published on 17/07/2024

» Following the alleged fraud committed by the former chief executive and chief financial executive of SET-listed Energy Absolute (EA), the Finance Ministry has vowed to take decisive action to rebuild confidence in the Thai capital market.

BUSINESS

Top-up tax draft heads to cabinet

Business, Wichit Chantanusornsiri, Published on 04/06/2024

» Draft legislation to collect taxes from multinational enterprises (MNEs) to prevent the shifting of profit to subsidiaries located in countries with a lower tax base is scheduled to be presented to the cabinet for approval in the next two weeks, says Deputy Finance Minister Julapun Amornvivat.

BUSINESS

A lever to capture corporate tax scofflaws

Business, Wichit Chantanusornsiri, Published on 23/05/2024

» Global tax reform efforts, led by the Organisation for Economic Co-operation and Development (OECD), have been building momentum since 2021, reaching agreement on one of the two pillars of tax reform: the establishment of a global minimum tax.

BUSINESS

Draft law aims to curtail profit shifting

Business, Wichit Chantanusornsiri, Published on 20/05/2024

» The Revenue Department expects draft legislation to collect taxes from multinational enterprises (MNEs) to prevent the shifting of profit to subsidiaries located in countries with a lower tax base to be implemented in 2025, which estimates suggest will boost tax revenue by 12 billion baht per year.

BUSINESS

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.