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Showing 1 - 10 of 268

GENERAL

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.

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GENERAL

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.

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INVESTMENT

Government Pension Fund expects to shift focus to gold, oil to mitigate risk

Business, Wichit Chantanusornsiri, Published on 24/04/2024

» The Government Pension Fund (GPF) is reducing investments in assets that may be affected by war and increasing investments in gold and oil to mitigate risk.

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GENERAL

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.

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GENERAL

Department promotes promising stars in lacklustre year

Business, Wichit Chantanusornsiri, Published on 18/04/2024

» The Revenue Department says there are significant challenges this year achieving tax collection targets because of the slowdown in economic activities, although it has identified five sectors that show promise.

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GENERAL

Finding new levers for energy subsidies

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

» The expiry of the diesel price subsidy programme using the state Oil Fuel Fund on March 31 caused energy authorities to call on the government to change the way it regulates domestic diesel prices.

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GENERAL

BAAC eyes platform for crops in China

Business, Wichit Chantanusornsiri, Published on 04/03/2024

» The Bank for Agriculture and Agricultural Cooperatives (BAAC) is negotiating with a Chinese tech giant to set up a joint venture to develop an e-commerce platform to facilitate the sale of agricultural products to China, says president Chatchai Sirilai.

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GENERAL

Thailand expresses intent to become OECD member

Business, Wichit Chantanusornsiri, Published on 27/02/2024

» Joining the Organisation for Economic Co-operation and Development (OECD) would elevate the country's standards and help create a better quality of life for Thais, says Prommin Lertsuridej, secretary-general to the prime minister.

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GENERAL

Tapping a vast market

Business, Wichit Chantanusornsiri, Published on 12/02/2024

» The restoration of diplomatic relations between Thailand and Saudi Arabia in 2022 following a 30-year break has created new opportunities for Thailand to tap into demand for its halal products in Middle Eastern markets.

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THAILAND

Anti-graft body eyes digital handout plan

Wichit Chantanusornsiri, Published on 12/10/2023

» The government has reiterated its assurances that its 10,000-baht digital wallet handout will follow all relevant laws, adding that scrutiny of the programme is always welcome.