Showing 1-10 of 36 results
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VAT refunds surge after reopening
Business, Wichit Chantanusornsiri, Published on 31/05/2023
» Tourist tax refunds have skyrocketed since Thailand fully reopened in June last year, according to Revenue Department director-general Lavaron Sangsnit.
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Agency upbeat on use of blockchain tech
Business, Wichit Chantanusornsiri, Published on 05/07/2023
» The Comptroller-General's Department (CGD) believes the use of the blockchain technology in government auctions will increase transparency and create fairness for all bidders, says comptroller-general Kulaya Tantitemit.
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Blockchain VAT refunds this month
Business, Wichit Chantanusornsiri, Published on 14/11/2019
» The Finance Ministry plans to adopt blockchain-based value-added tax (VAT) refund service for foreign tourists, starting from the end of this month.
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Departments launch blockchain project
Business, Wichit Chantanusornsiri, Published on 31/08/2019
» The Revenue Department and the Comptroller-General's Department are set to launch a pilot project using blockchain technology in the next few weeks, aiming at streamlining work processes.
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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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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.
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BAAC to create platform for farmers
Business, Wichit Chantanusornsiri, Published on 16/02/2024
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) plans to develop an e-commerce platform for online distribution using blockchain technology for transparency and fairness, says Deputy Finance Minister Julapun Amornvivat.
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Justifying the digital wallet scheme
Business, Wichit Chantanusornsiri, Published on 16/11/2023
» The 10,000-baht digital wallet scheme is considered the flagship policy of the Pheu Thai-led coalition given its prominence in the election campaign.
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PM orders sweeping review of taxes
Business, Wichit Chantanusornsiri, Published on 19/09/2023
» Prime Minister Srettha Thavisin has ordered the Finance Ministry to review the new land and building tax, as well as inheritance tax, in an effort to reduce income disparity.
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Pao Tang picked for cash bonus
News, Wichit Chantanusornsiri, Published on 15/09/2023
» The government will use the Krungthai Bank's Pao Tang app for its digital wallet project, said Prime Minister Srettha Thavisin yesterday.
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