Showing 1-10 of 259 results
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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.
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Ministry clarifies farmer loan programme
Business, Wichit Chantanusornsiri, Published on 28/09/2023
» Farmers who have non-performing loans (NPLs) at the Bank for Agriculture and Agricultural Cooperatives (BAAC) can enter the debt suspension programme without going through debt restructuring to return to good debtor status, says secretary to the finance minister Paopoom Rojanasakul.
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Amendment to see overseas income taxed
Business, Wichit Chantanusornsiri, Published on 26/09/2023
» The Revenue Department recently amended its notification regarding taxation on specified foreign-sourced income by stipulating that local residents who earn overseas income will be subject to personal income tax (PIT), according to Paragraph 2 of Section 41 of the Revenue Code.
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SMEs facing ‘unusual’ trouble to get debt relief
Wichit Chantanusornsiri, Published on 19/09/2023
» The Ministry of Finance plans to suspend debt payments for one year for certain small and medium-sized enterprises (SMEs) that faced unusual circumstances because of the pandemic.
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NESDC outlines nation's transition
Business, Wichit Chantanusornsiri, Published on 19/09/2023
» Over the past five years, economic growth has fallen below the targets set, while over the next two years Thailand will still have to face the challenges and uncertainties of the global economy, said Danucha Pichayanan, secretary-general of the National Economic and Social Development Council (NESDC), during an annual meeting yesterday entitled "Transitioning Thailand: Coping with the Future".
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Excise Department mulls carbon tax
Business, Wichit Chantanusornsiri, Published on 06/09/2023
» The Excise Department is exploring the idea of a carbon tax for the energy and transport sectors to reduce carbon emissions, says director-general Ekniti Nitithanprapas.
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The untouchable tax
Business, Wichit Chantanusornsiri, Published on 04/09/2023
» Since the introduction of value-added tax (VAT) in Thailand in 1992, no government has dared to increase the rate because of concerns regarding the economic impact, the greater burden in terms of living expenses, and most importantly how politically unpopular such a move would appear.
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Going global
Business, Wichit Chantanusornsiri, Published on 24/07/2023
» Why are Thai small and medium-sized enterprises (SMEs) unable to penetrate foreign markets as other countries do? Apart from a lack of courage in tackling obstacles to international trade, Thai SMEs' lack of research and development (R&D) is one of the key factors hindering them from entering the global market.
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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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NESDC demands discipline
Business, Wichit Chantanusornsiri, Published on 16/05/2023
» The National Economic and Social Development Council (NESDC) has warned the new government to strictly maintain financial and fiscal discipline as it will affect foreign investors' confidence in the Thai economy, says secretary-general Danucha Pichayanan.
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