Showing 11 - 20 of 2,169
Tax perk value beats target by 35 times
Business, Wichit Chantanusornsiri, Published on 12/01/2018
» Tax incentives to promote domestic investment have received overwhelming support from the private sector, with combined investment applications worth 281 billion baht last year, 35 times higher than the target, says Pornchai Thiraveja, an adviser to the Fiscal Policy Office (FPO).
Retail prices for cigarettes under review
Business, Wichit Chantanusornsiri, Published on 15/01/2018
» The Excise Department is discussing the legality of prohibiting cigarette importers from setting their retail prices below the prices listed before Sept 16, 2017, the first day the new excise tax came into force.
Thailand seeking to crack World Bank top 20 ranking
Business, Wichit Chantanusornsiri, Published on 16/01/2018
» Thailand could crack the top 20 of the World Bank's Ease of Doing Business ranking for 2019 after it managed to jump to 26th-most business-friendly nation in the 2018 ranking, says Prime Minister Office Minister Kobsak Pootrakool.
B30bn budget targeted for large-scale farm reforms
Business, Wichit Chantanusornsiri, Published on 18/01/2018
» Finance Minister Apisak Tantivorawong aims to take out a 30-billion-baht budget for farm sector reform, part of the 150-billion-baht supplementary budget for fiscal 2018, within the next six months.
Low-cost home plan outlined
Business, Wichit Chantanusornsiri, Published on 18/01/2018
» The Treasury Department plans to roll out 2,000 units under the low-cost housing project this year in an effort to help low-income earners own their own homes.
Sepo plans roadshows to promote TFF IPO
Business, Wichit Chantanusornsiri, Published on 22/01/2018
» The State Enterprise Policy Office (Sepo) plans to hold roadshows to rally support for an initial public offering (IPO) of the Thailand Future Fund (TFF) after the infrastructure fund secures approval from the Securities and Exchange Commission (SEC).
New levy to push burden on providers
Business, Wichit Chantanusornsiri, Published on 23/01/2018
» The e-business tax, a levy on any online transaction that takes place in Thailand regardless of the e-commerce operator's presence, will require overseas digital platform service providers to take responsibility in remitting value-added tax (VAT) to the Revenue Department.
Dormant account law details emerge
Business, Wichit Chantanusornsiri, Published on 24/01/2018
» A law on pooling money parked in bank accounts that have been dormant for at least 10 years into suspended Finance Ministry accounts will apply only to baht-denominated savings and current accounts of individuals, says an informed source at the Fiscal Policy Office (FPO).
GSB raises lending target by B83bn
Business, Wichit Chantanusornsiri, Published on 25/01/2018
» State-owned Government Savings Bank (GSB) aims to achieve an 83-billion-baht increase in its loans outstanding this year, while capping its bad loan ratio at 2.4%.
Sepo to sell shares of 24 firms in foreclosure
Business, Wichit Chantanusornsiri, Published on 25/01/2018
» The State Enterprise Policy Office (Sepo) plans to put the foreclosed shares of 24 unlisted companies, including four massage parlours, on sale early this year.