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BUSINESS

Treasury Department eyes accelerated construction

Business, Wichit Chantanusornsiri, Published on 25/06/2018

» The Treasury Department looks set to amend a condition in its lease concession contracts to start charging rent from the date a contract is signed, aiming to compel concessionaires to speed up investment.

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BUSINESS

New law for foreign firms in the works

Business, Wichit Chantanusornsiri, Published on 25/06/2018

» The Revenue Department plans to propose a law stipulating that foreign entities with no physical presence which earn income in Thailand must report their transactions here to be inspected for value-added tax (VAT) payment.