Showing 1 - 10 of 317
Bid to close profit shifting loophole
Business, Wichit Chantanusornsiri, Published on 23/04/2024
» The Revenue Department is drafting legislation to collect taxes from multinational enterprises (MNEs) to prevent profit shifting to subsidiaries in countries with lower tax bases.
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.
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.
Senator eager to improve casino plan
Business, Wichit Chantanusornsiri, Published on 01/04/2024
» With the resurgence of interest in legalising casinos to bolster economic growth as the digital wallet and Land Bridge policies remain on hold, the government is being urged to reassess the details of a proposed casino and entertainment complex.
Ministry mulls raising price limit for housing
Business, Wichit Chantanusornsiri, Published on 29/03/2024
» The Finance Ministry may consider raising the price limit for housing units eligible for government support, aiming to stimulate growth in the real estate sector.
BAAC eager to develop 50,000 young smart farmers
Business, Wichit Chantanusornsiri, Published on 27/03/2024
» State-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) has set a goal to create 50,000 young smart farmers in five years, with a commitment to support low-interest loans totalling 55 billion baht.
Clean energy holds short-term promise
Business, Wichit Chantanusornsiri, Published on 15/03/2024
» The government is being urged to make Thailand the regional front-runner for clean energy, promoting the sector as a new economic growth engine.
Credit guarantee project benefits small firms
Business, Wichit Chantanusornsiri, Published on 14/03/2024
» The Finance Ministry plans to propose to the cabinet a new 50-billion-baht portfolio guarantee scheme (PGS 11), which is a credit guarantee where the government sponsors the annual fee, operated by the state-owned Thai Credit Guarantee Corporation (TCG).
Consumer confidence hits 47-month high
Business, Wichit Chantanusornsiri, Published on 29/02/2024
» Consumer confidence rose in January to the highest level in 47 months, propped up by the economic recovery, says Fiscal Policy Office (FPO) director-general Pornchai Thiraveja.
Scrutinising the need for overseas bonds
Business, Wichit Chantanusornsiri, Published on 29/02/2024
» Several heads turned when the government said last week it is considering a plan to raise US$1 billion (about 36 billion baht) worth of foreign currency-denominated bonds, with some observers expressing doubts about worthiness and the risk of currency devaluation.