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  • THAILAND

    Farmers in the dark over crop insurance

    Spectrum, Supara Janchitfah, Published on 29/01/2012

    » Rice farmer Nalad Kaewsikhao is luckier than many others whose crops were destroyed by last year's devastating floods. She purchased a crop insurance policy for the yield from her 38.5 rai plot of land from the Bank of Agriculture and Agricultural Cooperatives (BAAC) in Kalasin's Yang Talat district. The crop insurance programme is open to farmers nationwide, but so far covers only seasonal rice crops (see sidebar).

  • THAILAND

    As doors open, businesses face a formidable frontier

    Spectrum, Luke Hunt, Published on 29/01/2012

    » As Myanmar trades political reforms in return for an end to economic sanctions, businesses big and small are queuing for access to the region's last closed economy. Entry will be dictated by political connections, financial clout, further reforms and necessity.

  • THAILAND

    Going with feng shui flow makes practical sense

    Spectrum, Published on 29/01/2012

    » December and January usually indicate a low season for property sales as Thais celebrate the traditional New Year and the Chinese New Year. Thais and Chinese have close ties culturally, and these days many Thais seem to believe in Chinese astrology and feng shui.

  • THAILAND

    Start now to defuse inflation

    Spectrum, Andrew Wood, Published on 29/01/2012

    » The Chinese Year of the Dragon is thought to be an auspicious year and one in which a number of factors will have greater effect than usual, for better or worse. In other words, if your luck is good it will be enhanced, and if it is bad it will be horrid.

  • THAILAND

    TAXES IN THAILAND Part VII: Deductions _ reworking the example

    Spectrum, Published on 29/01/2012

    » Last week we used an example to determine how assessable income is calculated. Now we'll use the same example to show the items that are subtracted from the assessable income to arrive at taxable income, the amount to which the progressive rates are applied. These items subtracted from assessable income fall into two categories, deductions and exemptions, which are also called allowances. This week we'll illustrate how to arrive at deductions using the same example.

  • THAILAND

    At first taste of freedom, dreams of a new path

    Spectrum, Published on 29/01/2012

    » It was Jan 12, the night before they were freed. Pyone Cho, a leading member of the 88 Generation Students Group detained in the remote Kawthaung Prison in southern Myanmar's Tenasserim Division, was immersed in a weekly journal when a prison guard he hadn't noticed standing in front of his cell asked him what he was reading.

  • THAILAND

    Young lesbian locked up 'for love'

    Spectrum, Published on 05/02/2012

    » Phlong Srey Rann, 20, shuffled across the dusty prison grounds in her blue and white inmate garb one early morning late last month, seemingly resigned to spending the next four and a half years behind bars for having sex with her girlfriend.

  • THAILAND

    Thailand will claim prime spot in asean community

    Spectrum, Published on 05/02/2012

    » Over the last two years I've been talking with a lot of people who are aware that the Asean Economic Community (AEC) will be formed in 2015 and have been preparing themselves and their organisations. But many others have not been preparing and some don't even know what the AEC is. That needs to change because the AEC has the potential to greatly benefit Thailand. Of course, there are some disadvantages we will face as well if we are not well prepared.

  • THAILAND

    Factors that could waylay your wealth

    Spectrum, Andrew Wood, Published on 05/02/2012

    » Last week, we looked at the devastating effects inflation can have on the real value of your wealth. We did so in terms of both its capital value and your ongoing income requirement, which invariably increases as time goes by.

  • THAILAND

    TAXES IN THAILAND Part VIII: Calculation of allowances

    Spectrum, Published on 05/02/2012

    » For the past couple of weeks we have used an example to figure out how tax deductions are calculated. This week we'll use the same example to show how allowances work and how they are used to determine taxable income. Remember, the terms allowance and exemption mean the same thing for the purposes of this discussion.

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