The Revenue Department expects around 100 foreign e-service providers to register to pay value-added tax (VAT) in Thailand during the initial stage of the e-service tax law enforcement on Sept 1, says director-general Ekniti Nitithanprapas. At the moment 69 foreign e-service operators have registered to pay VAT, of which 20 are giant online platform operators […]
Read MoreHONG KONG (REUTERS) – Central banks in Singapore, Australia, Malaysia and South Africa will conduct a cross border payments trial using different central bank digital currencies (CBDC) to assess if this allows transactions to be settled more cheaply and easily, the banks said on Thursday (Sept 2). Many governments and central banks around the world are […]
Read MoreCharoen Pokphand (CP) Group, the country’s biggest agribusiness conglomerate, has vowed to rapidly expand the number of its retail and wholesale stores in the region, including cash-and-carry stores operated by its SET-listed subsidiary Siam Makro Plc, as well as other formats within the CP Group. “Retailing is a global opportunity for Thailand and a sector […]
Read MoreVietnam attends a ministerial-level talk of the 11-member Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Amid the complicated development of Covid-19, the CPTPP deal makes positive contributions to the recovery of the economy, trade, and supply chains in a world that has been severely affected by the pandemic, ministers from the CPTPP member countries […]
Read MoreMANILA, Philippines — Filipinos need to stay vigilant amid the jump in online fraud cases over the past three months, global payments firm WorldRemit said. Earl Melivo, country director for the Philippines at WorldRemit, said the number of fraud cases has increased amid the accelerated growth in the use of digital methods of making payments […]
Read MoreRice exporters are growing concerned about the prospects for Thai hom mali rice because of expensive freight rates and greater supplies. Charoen Laothammatas, president of the Thai Rice Exporters Association, said shipments remain stalled because of a shortage of workers as well as logistics and transport problems following the government’s lockdown measures to prevent coronavirus […]
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