Showing 1-10 of 23 results
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Senate graft panel seeks to stall bus buy plan
News, Mongkol Bangprapa, Published on 23/04/2013
» The Senate committee on corruption investigation will lobby the Supreme Administrative Court to suspend the government's purchase of 3,183 natural gas for vehicles (NGV) buses.
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2020 deadline speeds up the construction of 5 motorways
News, Chatrudee Theparat, Published on 23/04/2013
» The government has prioritised the construction of five inter-provincial motorways, which will cost 267 billion baht and span a combined length of 705 kilometres.
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Court dismisses airport-parking suit
News, Amornrat Mahitthirook, Published on 23/04/2013
» The Central Administrative Court has thrown out a lawsuit filed by Suvarnabhumi airport's car parking operator against Airports of Thailand Plc (AoT).
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CP All set to acquire Siam Makro
Business, Pitsinee Jitpleecheep, Published on 23/04/2013
» CP All Plc, the local operator of 7-Eleven convenience stores, is to acquire a major stake in Siam Makro Plc, the operator of Makro cash-and-carry stores in Thailand, said a source close to the deal.
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Sovereign fund has key backer
Business, Published on 23/04/2013
» A former central bank governor has suggested the Bank of Thailand step into the foreign exchange market rather than slash the policy rate to curb the baht's strength.
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FTI urges slashing interest rate to 2%
Business, Nanchanok Wongsamuth, Published on 23/04/2013
» The private sector will submit a letter today asking the Bank of Thailand to cut the interest rate from 2.75% to at least 2% to rein in the strong baht.
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Funds 'still flowing into Thailand'
Business, Nuntawun Polkuamdee, Published on 23/04/2013
» Foreign fund inflows continue to target Thailand and the baht is expected to retain its upward trend in the short term, Stock Exchange of Thailand executive vice-president Pakorn Peetathawatchai said.
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Despite baht gains, revenue target still moored at B1.8trillion
Business, Wichit Chantanusornsiri, Published on 23/04/2013
» Baht appreciation could affect government's tax revenue, but the Revenue Department is still maintaining its fiscal year collection target of 1.774 trillion baht.
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The withholding tax trap on bank fees
Business, Lawalliance Limited Company, Published on 23/04/2013
» It is commonly known that if a company needs to acquire loan financing from a bank, interest will not be the only cost. It is very likely you will be required to bear withholding tax on the interest costs payable to an offshore financial institution at a rate of 10% or 15%. This needs to be calculated on a gross-up basis (tax on tax), making the effective tax rates 11.11% or 17.65% respectively.
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BBL offers first-time car buyers loans
Business, Somruedi Banchongduang, Published on 23/04/2013
» Bangkok Bank (BBL) has tested the water for auto loans by offering personal loans to customers buying cars under the government's first-time car buyer scheme.
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