Showing 1 - 10 of 563
Officials ordered to draw up plans for economic stimulus
Business, Wichit Chantanusornsiri, Published on 01/06/2024
» Deputy Finance Minister Julapun Amornvivat has told three tax-related departments to devise stimulus measures to be presented to the economic cabinet within a week and a half.
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.
Cabinet okays 10-year EEC visa for foreigners
Business, Wichit Chantanusornsiri, Published on 15/05/2024
» The cabinet has approved a special 10-year visa for executives and experts working in the Eastern Economic Corridor (EEC) to support the development of targeted industries in the country.
Casinos area limited for new project venues
Business, Wichit Chantanusornsiri, Published on 13/05/2024
» The government's planned integrated entertainment complex development project will have a casino component of no more than 5% of the project area, says Deputy Finance Minister Julapun Amornvivat.
Interest burden hovers over digital wallet
Business, Wichit Chantanusornsiri, Published on 06/05/2024
» The ratio of interest burden to estimated government revenue is projected to increase to 11% next year from 8% in 2024, should the government proceed with its flagship digital wallet handout.
State contracts worth B250bn signed
Business, Wichit Chantanusornsiri, Published on 03/05/2024
» Contracts for new investment projects worth 250 billion baht have already been signed following the enactment of the fiscal 2024 Budget Expenditure Act, according to the Finance Ministry.
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.
The thorny issue of digital wallet funding
Business, Wichit Chantanusornsiri, Published on 25/04/2024
» The coalition government led by Prime Minister Srettha Thavisin made a significant pivot on its flagship scheme, which aims to hands out 10,000 baht each to 50 million Thais via a digital wallet, shifting from government borrowing, which drew sharp criticism and raised concerns about potential violations of financial and fiscal discipline regulations.
BAAC union queries lending capacity
Wichit Chantanusornsiri, Published on 18/04/2024
» The labour union of the Bank for Agriculture and Agricultural Cooperatives (BAAC) is seeking legal opinions about whether the government can borrow from the state-owned bank to support its costly digital wallet handout.
Thailand begins OECD membership process
Business, Wichit Chantanusornsiri, Published on 18/04/2024
» Thailand has developed a roadmap to become a member of the Organisation for Economic Co-operation and Development (OECD), a group of developed countries, aiming to elevate the country’s standards and broaden trade and investment opportunities.