Showing 41 - 50 of 59
Ministries assess land and building tax
Business, Wichit Chantanusornsiri, Published on 16/10/2023
» The Finance and Interior ministries are jointly assessing problems and obstacles related to the enforcement of the 2019 Land and Building Tax Act, says Fiscal Policy Office director-general Pornchai Thiraveja.
Cybersecurity agency sets its agenda
Business, Suchit Leesa-nguansuk, Published on 13/10/2023
» The National Cyber Security Agency (NCSA) is focusing on implementing a proactive approach by improving critical infrastructure capabilities and lifting the public's cyber-immunity and cybersecurity awareness.
Goldman sues Malaysia as 1MDB settlement dispute escalates
Bloomberg News, Published on 12/10/2023
» NEW YORK - Goldman Sachs Group Incorporated took the unusual step of suing Malaysia in a UK court amid festering disagreement over a settlement tied to its role in the 1MDB investment-fund scandal.
Seizures top $2bn in Singapore laundering scandal
Published on 03/10/2023
» SINGAPORE - Authorities in Singapore have seized or frozen assets worth more than S$2.8 billion (US$2 billion) in a major money laundering investigation, a senior official said on Tuesday, while signalling the government could tighten immigration rules to curb illicit inflows.
The most dangerous time of the month
Published on 27/09/2023
» It's the last day of the month. On this Friday, eight motorcycle drivers are waiting at the perimeter of a factory, 60 km from Bangkok. A throng of workers exit the factory. They hand over their ATM cards to the drivers, who know the passwords. Nobody smiles. They speed off, return twenty minutes later, having emptied the accounts for the debts owed with 10% to 30% interest for the month.
Online fraud law sees incidents fall
Business, Komsan Tortermvasana, Published on 26/09/2023
» The combined value of damage caused by online fraud in Thailand has continued to rise, even though the number of victims has declined to an average of 580 complaints per day, from 800 earlier this year, thanks to a new law tackling cybercrime, according to the Digital Economy and Society (DES) Ministry.
Amendment to see overseas income taxed
Business, Wichit Chantanusornsiri, Published on 26/09/2023
» The Revenue Department recently amended its notification regarding taxation on specified foreign-sourced income by stipulating that local residents who earn overseas income will be subject to personal income tax (PIT), according to Paragraph 2 of Section 41 of the Revenue Code.
Tourism sector applauds PM’s vow to tackle cannabis
Narumon Kasemsuk, Published on 21/09/2023
» Tourism operators have applauded the prime minister’s pledge to eliminate recreational cannabis usage within six months as they believe unregulated cannabis shops have done more harm than good to tourism over the past year.
Overseas earnings targeted
Business, Wichit Chantanusornsiri, Published on 19/09/2023
» The Revenue Department has ruled that a person who resides in Thailand for up to 180 days a year and earns overseas income from work or assets will be subject to personal income tax, according to Section 48 of the Revenue Code.
Fetco to discuss capital market reforms with PM
Business, Nuntawun Polkuamdee, Published on 19/09/2023
» The Federation of Thai Capital Market Organizations (Fetco) is preparing to meet with Prime Minister Srettha Thavisin on Sept 25 to propose measures to support the Thai capital market towards long-term sustainability.