Showing 1 - 10 of 3,845
Thai Airways to get B12bn injection ahead of relisting
Business, Wichit Chantanusornsiri, Published on 24/05/2024
» The Finance Ministry plans to inject an additional 12 billion baht into Thai Airways International (THAI) Plc by October this year, hoping the national carrier can be relisted on the stock exchange by the middle of 2025 at the latest.
GPF portfolio strategy shifts to handling risks
Business, Wichit Chantanusornsiri, Published on 24/05/2024
» The Government Pension Fund (GPF), the second-largest fund in the country, has shifted its investment strategy this year to creating a portfolio capable of handling appropriate risks, rather than maximising profits.
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.
FPO urges beefing up service sector
Business, Wichit Chantanusornsiri, Published on 23/05/2024
» Thailand needs to increase revenue from the service sector to bolster economic growth, according to an economist.
Return of LTFs a boon for bourse
Business, Wichit Chantanusornsiri, Published on 22/05/2024
» Finance Minister Pichai Chunhavajira says reintroducing long-term equity funds (LTFs) will help lift the Stock Exchange of Thailand's (SET) market capitalisation.
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.
More local input needed to adjust tax law
Business, Wichit Chantanusornsiri, Published on 17/05/2024
» Local governments must play a greater role in amending the land and building tax law, which has been in effect for five years, says Pornchai Thiraveja, director-general of the Fiscal Policy Office.
Finance official optimistic on H2
Business, Wichit Chantanusornsiri, Published on 16/05/2024
» The economy is poised for healthier growth in the second half of the year, with three significant financial injections planned to stimulate momentum.
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.
Government Savings Bank, Bangkok Commercial Asset to set up joint venture
Business, Wichit Chantanusornsiri, Published on 15/05/2024
» The Finance Ministry expects Government Savings Bank (GSB) and Bangkok Commercial Asset Management Plc (BAM) to establish a joint venture asset management company (AMC) next month.