Showing 1-10 of 279 results
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Bid to close profit shifting loophole
Business, Wichit Chantanusornsiri, Published on 23/04/2024
» The Revenue Department is drafting legislation to collect taxes from multinational enterprises (MNEs) to prevent profit shifting to subsidiaries in countries with lower tax bases.
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GH Bank preps low-interest loans for greener homes
Business, Wichit Chantanusornsiri, Published on 23/04/2024
» Government Housing Bank (GH Bank) is offering low-interest loans totalling 10 billion baht to purchase or renovate homes so that they become more environmentally friendly and reduce pollution for residents.
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Procurement department strives for greener methods
Business, Wichit Chantanusornsiri, Published on 20/04/2024
» The Comptroller-General's Department, responsible for supervising government procurement amounting to as much as 7% of GDP, is gearing up to enforce green practices among contractors engaged in government projects.
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BAAC union queries lending capacity
Wichit Chantanusornsiri, Published on 18/04/2024
» The labour union of the Bank for Agriculture and Agricultural Cooperatives (BAAC) is seeking legal opinions about whether the government can borrow from the state-owned bank to support its costly digital wallet handout.
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Thailand begins OECD membership process
Business, Wichit Chantanusornsiri, Published on 18/04/2024
» Thailand has developed a roadmap to become a member of the Organisation for Economic Co-operation and Development (OECD), a group of developed countries, aiming to elevate the country’s standards and broaden trade and investment opportunities.
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Department promotes promising stars in lacklustre year
Business, Wichit Chantanusornsiri, Published on 18/04/2024
» The Revenue Department says there are significant challenges this year achieving tax collection targets because of the slowdown in economic activities, although it has identified five sectors that show promise.
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Property tax rejig to amplify revenue
Wichit Chantanusornsiri, Published on 17/04/2024
» Amendment of the land and building tax law is meant to enhance both the efficiency of collection and levy an appropriate rate, while the criteria will have to be tightened to close tax loopholes, says finance permanent secretary Lavaron Sangsnit.
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Preparing for the golden years
Business, Wichit Chantanusornsiri, Published on 13/04/2024
» The government’s ability to successfully push through the draft National Elderly and Basic Pension Act to garner a first reading — the first stage of a bill’s passage — or acceptance of the principle of the bill from the House of Representatives is considered a crucial cornerstone for building a support system for Thailand’s elderly population.
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SET urged to build trust and confidence
Business, Wichit Chantanusornsiri, Published on 09/04/2024
» The Finance Ministry is suggesting the Stock Exchange of Thailand (SET) accelerate efforts to build trust and confidence in a bid to attract investment on the Thai bourse.
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Ministry calls for monetary stimulus
Business, Wichit Chantanusornsiri, Published on 06/04/2024
» Thailand's economy is tilting towards deflation, necessitating monetary stimulus to spur it, says finance permanent secretary Lavaron Sangsnit.
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