Showing 1 - 8 of 8
Public-private partnerships in infrastructure projects
Business, Tilleke & Gibbins International Ltd, Published on 09/12/2016
» The government has said it intends to use public-private partnerships (PPPs) to help it achieve its infrastructure development goals. To this end, the previous administration passed the Private Investment in State Undertakings Act (2013) and the current government announced a related strategic plan in 2015.
Groundwork laid for public-private partnerships in solar energy
Business, Tilleke & Gibbins International Ltd, Published on 13/11/2015
» In August 2014, the Energy Regulatory Commission (ERC) announced a new scheme aimed at expanding solar power generation to meet the government's Alternative Energy Development Plan.
New provisions for tax breaks
Business, Tilleke & Gibbins International Ltd, Published on 10/01/2014
» Generally speaking, Specific Business Tax (SBT) is an alternative tax that is levied on certain types of businesses _ particularly those in the financial services sectors. It was first introduced in tandem with the value-added tax (VAT) regime in 1992. The method for collecting SBT can be likened to that of sales tax, which was used in Thailand in the previous incarnation of indirect tax collection, before VAT.
Real estate investment trusts in thailand
Business, Tilleke & Gibbins International Ltd, Published on 13/12/2013
» The evolution of real property financing in Thailand _ from primarily bank loans to rigid property funds to the proposed real estate investment trusts (REITs) _ reflects the liberalisation of the Thai market, the need for alternative funding options, and the need for the country to maintain its regional competitiveness.
Thailand paving the way towards an Innovation-Driven economy
Business, Tilleke & Gibbins International Ltd, Published on 18/10/2013
» Industry Minister Prasert Boonchaisuk recently reiterated the government's determination to continue promoting the Thailand Creative Economy initiative. In an attempt to rally support for Thailand's transition to an innovation-driven country, he used rousing words such as "creative" and "sustainable" to describe his latest strategy. A three-stage, 20-year plan is now being drawn up, but it is not without its challenges.
Customs arbitration for disputes on security amount
Business, Tilleke & Gibbins International Ltd, Published on 05/04/2013
» When importers bring products into Thailand, the goods need to pass through customs formalities, during which officials will inspect the products to assess duties. Duties are determined based on the real market value of the product and all related taxes. This means that the amount of duty can vary in different circumstances, resulting in some importers disagreeing with the amount assessed.
Thailand's draft tobacco consumption control act: Plain packaging and beyond
Business, Tilleke & Gibbins International Ltd, Published on 19/10/2012
» Australia will soon be the first country to require all tobacco products to be sold in plain packaging. From Dec 1, 2012, tobacco packaging will be standardised for all manufacturers; photographic health warnings will occupy 75% of the front and 90% of the back of the packaging, and product names will appear in a uniform font on the remainder of the pack, which itself must be coloured olive green. No famous logos, other branding, trademarks or colours can be applied.
Anti-dumping Measures: Easing the transition to free trade
Business, Tilleke & Gibbins International Ltd, Published on 04/05/2012
» Many businesses in Asean countries continue to adjust to the changes brought about by the elimination of import duties, in the context of both the Asean Economic Community and other bilateral and multilateral free trade agreements. While reductions in barriers to trade _ tariff or non-tariff _ can open foreign markets to domestic producers, they also bring additional competition for domestic producers in their home markets.