THE Monetary Policy Committee (MPC) of the Bank of Thailand (BOT) is keeping open the option of another rise in its policy rate amid concerns over the country’s financial stability. BOT senior director Don Nakornthab said that, based on the decision to keep the benchmark interest rate unchanged at the MPC’s last meeting, it would […]
Read MoreThe Finance Ministry has revoked a regulation on tax treatment for e-commercetransactions amid pushback from digital economy players. Finance Ministerial Regulation No. 210/2018, which was signed by Finance Minister Sri Mulyani Indrawati on Dec. 31, was originally meant to be enforced on April 1. It mandates online marketplaces to collect several pieces of information, such as tax numbers (NPWP) and […]
Read MoreThe Central Bank of Myanmar has reiterated its commitments to ensuring stronger enforcement of banking rules and regulations in the country. On March 25, the CBM again issued instructions covering five directives on banking governance and statistics. To strengthen the country’s financial sector, Financial Institutions Law was introduced January 2016. CBM has now five detailed […]
Read MoreLao and Vietnamese authorities have confirmed that they will continue to cooperate to develop labour skills in Laos and protect workers’ rights in the two countries. Participants at the annual Laos-Vietnam Labour and Social Welfare meeting in Vientiane yesterday reached consensus on a number of measures to promote bilateral labour ties which mainly focus on […]
Read MoreSUBANG JAYA: Malaysia’s economy is projected to grow between 4.7 and 4.8 per cent this year, if the conditions improve during the second half of the year, said Deputy International Trade and Industry Minister Dr Ong Kian Ming. He said the manufacturing sector would continue to drive the country’s exports and economic growth, adding that […]
Read MoreTHAILAND’S new Transfer Pricing law, which enters into force for accounting periods starting on or after January 1 2019, may require entities with income not less than Bt200 million to prepare and submit information related to the related party transactions. Section 71 Ter of the Revenue Code refers to two documents: 1 the report on […]
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Thailand
