The Bank of Thailand has allowed banks to pay interim dividends as lenders are strong with sufficient capital to withstand the impact of Covid-19 outbreaks, Governor Sethaput Suthiwartnarueput said on Thursday. Banks are allowed to pay interim dividends not exceeding last year’s dividend payment rates and up to 50% of first-half net profits of 2021, […]
Read MoreThe third wave of the pandemic is projected to end in July, which could support Thai economic growth of 5% in the final quarter this year if the government can maintain a vaccination rate of 400,000 doses per day, says Kasikorn Research Center (K-Research). The government plans to vaccinate around 400,000 people daily under its […]
Read MoreVisa is partnering with Ksher, a local e-payments startup, to make it easier for small and medium-sized enterprises and individuals to accept Visa payments. Through this partnership, Ksher aims to enable over 10,000 online merchants to digitise and simplify their payments process by the end of this year. “Today’s consumers are changing. They expect frictionless […]
Read MoreDining-in at food and beverage (F&B) establishments for groups of up to five people will be allowed to resume from June 21, if the Covid-19 situation in Singapore remains under control in the coming weeks, the multi-ministry taskforce on Covid-19 said at a press conference on Thursday. Other activities that will be allowed to resume […]
Read MoreThe Finance Ministry is studying ways to slap corporate income tax on the overseas multinational online companies offering services in Thailand, said the Fiscal Policy Office’s director-general Kulaya Tantitemit. Her remark follows the G7 finance ministers agreement at a meeting in London recently to back a global minimum corporate tax rate of 15% to squeeze […]
Read MoreThe Ministry of Culture, Sports and Tourism (MCST) will review the Advertisement Law and collect opinions to propose amendments that would allow press agencies to compete with cross-border platforms. Controversy has occurred recently over the waiting time to close or open an advertisement on digital news publications, which must not exceed 1.5 seconds, stipulated in […]
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