Showing 31 - 40 of 40
Blockchain undergoes tests for tracking VAT payments
Business, Wichit Chantanusornsiri, Published on 03/12/2018
» The Revenue Department is testing blockchain to track value-added tax (VAT) payments in its innovation lab, putting Thailand on the path to becoming the first country to use the distributed ledger for tax probes if the technology is adopted.
Technology to assist in Revenue fetching B2tn
Business, Wichit Chantanusornsiri, Published on 30/11/2018
» The Revenue Department expects to reach its tax revenue collection target of 2 trillion baht this fiscal year after adopting technology that helped it surpass its October target.
E-tax update on the cards
Business, Wichit Chantanusornsiri, Published on 24/11/2018
» The Finance Ministry is planning to develop an integrated electronic tax system, aiming to facilitate swift tax payments and refunds.
Somkid promotes startup trading board
Business, Wichit Chantanusornsiri, Published on 17/11/2018
» A trading board for startup shares is expected to be established in a few years to support Thailand's path to becoming a startup nation, says Deputy Prime Minister Somkid Jatusripitak.
Revenue Department to use blockchain for probes
Business, Wichit Chantanusornsiri, Published on 05/11/2018
» The Revenue Department plans to adopt blockchain and machine learning for tax avoidance probes, says the department chief.
Politicians must ditch 'analogue consciences'
News, Wichit Chantanusornsiri, Published on 22/02/2018
» While the government has implemented projects to drive the Thai economy toward the digital era, the conscience of the powers-that-be and the rich remain outdated and trapped in the analogue era.
Cryptocurrencies committee to outline stance this month
Business, Wichit Chantanusornsiri, Published on 02/02/2018
» A working committee on cryptocurrencies is expected to clarify its stance on how to regulate digital currencies by this month, aiming to guard against fraud from investment in the tokens.
FPO baulks at P2P action in sandbox
Business, Wichit Chantanusornsiri, Published on 03/04/2017
» It is unnecessary for peer-to-peer (P2P) lending platform operators to test out their services in the regulatory sandbox because such practices have long been established in the global financial market, says the head of the Fiscal Policy Office (FPO).
Legal changes to cultivate startups
Business, Wichit Chantanusornsiri, Published on 30/03/2017
» The Finance Ministry is considering legal amendments to support the growth of new startups in financial technology, blockchain and sandbox, says finance permanent secretary Somchai Sujjapongse.
Regulatory call made for blockchain
Business, Wichit Chantanusornsiri, Published on 10/10/2016
» Policymakers need to regulate financial technology (fintech) and businesses adopting blockchain, or distributed ledger, technology at appropriate levels to prevent any potential damages to consumers, the Fiscal Policy Office (FPO)'s chief says.