Showing 1-10 of 40 results
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E-commerce bill gets second hearing
Business, Wichit Chantanusornsiri, Published on 06/09/2018
» A draft bill to supervise e-commerce transaction reports is undergoing a second public hearing after the Council of State concluded the vetting process, says a source at the Revenue Department.
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E-tax bill on foreign firms unlikely to pass
Business, Wichit Chantanusornsiri, Published on 29/01/2019
» The Revenue Department expects a draft bill on e-business tax, a levy on foreign-based online platform operators earning income in Thailand, will not be vetted by lawmakers before the Prayut Chan-o-cha government leaves office.
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SMEs urged to embrace e-commerce
Business, Wichit Chantanusornsiri, Published on 09/09/2021
» Export-Import Bank of Thailand (Exim Bank) estimates that one-third of small and medium sized enterprises (SMEs) are on the verge of going out of business because of the impact of the prolonged pandemic, said the bank's president Rak Vorrakitpokatorn.
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Chinese goal for farm produce
Business, Wichit Chantanusornsiri, Published on 16/07/2020
» The Finance Minister has ordered the Bank for Agriculture and Agricultural Cooperatives (BAAC) to upgrade its existing online platform for agricultural products to add value so they can be sold on Chinese e-commerce sites.
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BAAC targets B1bn via online farm platform sales
Business, Wichit Chantanusornsiri, Published on 22/06/2019
» The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) aims for 1 billion baht in sales over the next five years from an e-commerce platform designed as an online distribution channel for farmers.
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PromptPay raises fee-waiver ceiling
Business, Wichit Chantanusornsiri, Published on 28/08/2018
» The National e-Payment Committee will substantially raise Promptpay's fee-waiver ceiling for money transfers of up to 700,000 baht in the next two months, before raising the cap further to 2 million baht to encourage the use of the national e-Payment scheme.
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VAT payment of e-service tax beats estimates
Business, Wichit Chantanusornsiri, Published on 22/01/2022
» The number of foreign online platform operators registering to pay value-added tax (VAT) in Thailand has increased to around 120 following enforcement of the e-service tax law last year, says Ekniti Nitithanprapas, director-general of the Revenue Department.
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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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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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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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