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  • THAILAND

    Finding balance in shifting sands

    Spectrum, Andrew Wood, Published on 08/01/2012

    » Happy New Year! Welcome to 2012. It's that time of year when many of us say "out with the old and in with the new". But is it really that practical or even possible to achieve this with regard to financial matters?

  • THAILAND

    TAXES IN THAILAND IV: More about deductions

    Spectrum, Published on 08/01/2012

    » Last column, we began a discussion of deductions. You'll recall that we established earlier that your assessable income in Thailand is what you earn that's exposed to Thai tax. Deductions and exemptions are subtracted from that. What remains is your tax

  • THAILAND

    Their answer is blowing in the wind

    Spectrum, Published on 15/01/2012

    » Farmer Aiem Sompeng has just a rudimentary education, but curiosity and necessity drove him to design the energy-producing wind turbines that are now a landmark in his village of Dongyang, in Yasothon's Maha Chana Chai district. Like many rice farmers in the northeastern province, the 66-year-old Mr Aiem was trapped in debt incurred by the high costs of fertiliser, pesticide and electricity needed to run irrigation pumps, as well as uncertain prices for his crops.

  • THAILAND

    Taxi drivers stuck in reverse

    Spectrum, Voranai Vanijaka, Published on 15/01/2012

    » Earlier this month, the government reached a compromise to increase the price of compressed natural gas (CNG) by just 50 satang per kilogramme starting tomorrow. In a concession to angry transport operators, Deputy Prime Minister Kittiratt Na-Ranong dropped the original plan to increase the price of CNG _ more commonly known known as NGV (natural gas for vehicles) _ at the rate of 50 satang a month for 12 months until it reached 14.50 baht a kilogramme. Mr Kittiratt has promised further consultation with the transport sector in the next few weeks before deciding whether there will be further CNG price hikes.

  • THAILAND

    Fledgling art scene more trippy than traditional

    Spectrum, Luke Hunt, Published on 15/01/2012

    » Fifteen years ago Cambodian art was virtually non-existent. Just a handful of painters practised their trade and typically their focus was restricted to the horrors of the Killing Fields and war or traditional copies of Angkor Wat and pleasant rural scenes.

  • 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.

  • 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

    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.

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